2 mar 2012

Bucharest shares traded higher Friday morning, tracking international markets, with investment fund Fondul Proprietatea (FP.RO) charging in to hit a fresh high for the past ten and a half months. more

2 mar 2012

Romanian chemical company Oltchim (OLT.RO) Thursday said it has extended a furlough for more than 700 employees for another month until end-March, because of raw material and liquidity shortage. more

2 mar 2012

Romanian adjusted retail sales rose 2.9% in January compared with a month earlier, largely fueled by growing demand in all sectors, the statistics institute INS said Friday. more

2 mar 2012

Romanian housing construction fell 7.8% to 15,372 units in the fourth quarter of 2011 from the year-earlier period, due to declining activity in both urban and rural areas, the country’s statistics more

2 mar 2012

Tourist arrivals in Romania rose 16% in January from the year-earlier month, the statistics institute INS said Friday. more

2 mar 2012

Romanian net investments rose 22.1% to 24.87 billion lei (EUR5.7 billion) in the fourth quarter of 2011 from the year-earlier period, on increasing activity across the board, the country’s more

2 mar 2012

Romania’s industrial producer price index inched up 0.7% in January from a month earlier, fueled by growth in most sectors, the country’s statistics institute INS said Friday. more

1 mar 2012

Romania’s leu barely moved against the euro in yet another sleepy session Thursday, despite a slight optimism in the region following upbeat US jobs data. more

1 mar 2012

Romanian state-run hydropower generator Hidroelectrica Thursday said two consortia filed bids to assist with the sale of a 10% stake on the Bucharest Stock Exchange due for completion in the second more

1 mar 2012

Romania’s Finance Ministry on Thursday sold 473.6 million lei (EUR109 million) in 10-year treasury bonds, slightly above the planned amount, at an average yield of 6.75% a year, lower than at the more

1 mar 2012

Romanian banks are bound to lower their interest rates this spring, as liquidity in the system is increasing, central bank governor Mugur Isarescu said Thursday. more

1 mar 2012

Romanian foreign exchange reserves rose to EUR33.38 billion in February from EUR32.7 billion a month earlier, central bank data showed Thursday. more

1 mar 2012

Romania plans to tap international debt markets again in the second half of 2012, following two successful US dollar bond issues launched earlier this year, Finance Minister Bogdan Dragoi said more

29 feb 2012

Swiss Capital continued to lead the Bucharest bourse’s brokers chart in February, with total deals worth 336.2 million lei (EUR77.3 million), stock exchange data showed Wednesday. more

29 feb 2012

Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) Wednesday said its pretax profit rose to 41.2 million lei (EUR9.5 million) in 2011, well above the RON1.8 million reported in the more

29 feb 2012

Romanian port operator Chimpex Constanta (CHEM.RO) Wednesday said its net profit rose 4.8% to 7.73 million lei (EUR1.7 million) in 2011, from RON7.37 million a year earlier. more

29 feb 2012

Romania has a moderately low vulnerability to potential eurozone shocks among the sovereigns in emerging European regions, a survey from Standard&Poor's showed Wednesday. more

29 feb 2012

Romanian leu traded slightly below 4.35 per euro in late trade Wednesday and closed flat on the day at 4.348/4.349 units, amid low volumes. more

29 feb 2012

Romania’s 10-year, $750 million bond issue reopened on the US market Tuesday drew strong demand from investment funds, which bought 61% of the total debt, Finance Minister Bogdan Alexandru Dragoi more

29 feb 2012

Romanian state-run natural gas producer Romgaz will invest some $500 million (EUR372 million) in geological surveys at eight onshore fields leased from the national mineral resources agency, an more

29 feb 2012

Cyprus' second largest lender Marfin Bank Wednesday said its loss in Romania widened to EUR4 million in 2011, from EUR3.2 million a year earlier, hit by loan impairment expenses. more

29 feb 2012

Volksbank Romania, the local unit of Austria’s Volksbank AG, could take over the shopping center Armonia Braila, where it was the major creditor, according to liquidator Casa de Insolventa more

29 feb 2012

Romania’s strong wind market has pushed the country to the 10th place in a global attractiveness ranking for investments in wind energy, according to a report from Ernst & Young. more

29 feb 2012

Romania’s leu moved in a narrow range against the euro by midday Wednesday and the central bank’s reference weakened marginally to 4.3486 units, from 4.348 units a day earlier. more

29 feb 2012

Romania’s Finance Ministry plans to sell state paper worth 5 billion lei (EUR1.15 billion) in March, down from RON8.3 billion sold a month earlier, ministry data showed Wednesday. more