26 iun 2014

The Romanian government Thursday said domestic natural gas prices for corporate consumers will remain unchanged at the April level, following a report from the energy watchdog ANRE showing that local more

26 iun 2014

Bucharest stocks were mixed at Thursday’s close, as investor interest died down after state-run energy company Electrica completed an initial public offering of 51% of its shares. more

26 iun 2014

Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) will extend by one year its 60 million lei (some EUR13 million) credit line signed with EximBank in July 2013, according to a shareholders’ more

26 iun 2014

Romania’s leu advanced against the euro in a quiet market Thursday to finish the session below 4.39 to the euro, amid average volumes. more

26 iun 2014

The Romanian leu appreciated against the euro by midday Thursday and the central bank’s reference gained 0.2% to 4.3847 units, its strongest level since May 31, 2013. more

26 iun 2014

German utility RWE AG has opened an electricity supply unit in Romania and aims to become one of the country’s top ten largest suppliers in the corporate segment. more

26 iun 2014

The initial public offering of 51% in Romanian state-run energy company Electrica SA was twice subscribed, and the high number of bids received from retail investors has prompted the authorities to more

26 iun 2014

GDF Suez Energy Romania has acquired 57.18% in natural gas distributor Congaz Constanta from E.ON Ruhrgas International and OMV Petrom (SNP.RO) and increased its stake in the company to around 86%, more

25 iun 2014

The Bucharest market closed up for the fourth consecutive session Wednesday, amid declining volumes as investors focused on the initial public offering of 51% in state-run energy company Electrica SA. more

25 iun 2014

The natural gas bill will increase by 2.5% for households and by 1.5% for corporate consumers as of July 1, because of higher import volumes from Russia, the Romanian energy watchdog ANRE said more

25 iun 2014

The Romanian leu showed little movement against the euro in a quiet market Wednesday, with investors waiting for state-run energy company Electrica to publish the results of an initial public offering more

25 iun 2014

Cigarette smoking in Romania declined slightly in 2013 from a year earlier, but consumption of illicit tobacco continued to grow, costing the authorities more than EUR300 million in taxes, a KPMG more

25 iun 2014

Romanian railway company CFR plans to sell 35,523 tons of scrap iron on the commodities exchange next month at a starting price of $335 a ton, the company said Wednesday. more

25 iun 2014

The Romanian central bank will lower the reserve requirements for foreign currency deposits at its next monetary policy meeting July 1, following a series of recent monetary easing policies in Europe, more

25 iun 2014

The low interest rates on bank deposits across Europe could prompt depositors to move their money into real estate assets, which in turn might lead to a new speculative property bubble, Romanian more

25 iun 2014

The Romanian leu edged lower against the euro by midday Wednesday and the central bank’s reference weakened slightly to 4.3944 units, from 4.3918 units a day earlier. more

25 iun 2014

Garanti Bank Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, on Wednesday said its five-year unsecured bonds issued earlier this month were admitted to trading on the more

24 iun 2014

The European Central Bank is recommending the Romanian authorities levy the standard 16% flat tax on profit reported by the country’s central bank instead of the 80% rate currently taxed, while more

24 iun 2014

The Bucharest market closed higher for a third straight day Tuesday, with energy and financial stocks taking the spotlight amid growing liquidity. more

24 iun 2014

Romania’s leu strengthened to its highest level in the last year during late trading hours Tuesday, helped by growing sell orders for euros. more

24 iun 2014

Romanian Transport Minister Dan Sova on Tuesday stepped down from his position, after just four months in office. more

24 iun 2014

Romania's Trade Registry on Tuesday said 11,030 companies filed for insolvency in the first five months of the year, down 13.5% from 12.747 companies in the year-earlier period. more

24 iun 2014

The Romanian leu continued to move in a tight range against the euro by midday Tuesday and the central bank set a reference rate for the local currency of 4.3918 units, 0.1% stronger from 4.3971 units more

24 iun 2014

South-African investment fund New Europe Property Investment (NEP.RO) Monday said it plans to raise EUR11.88 million through the issue of new shares. more

24 iun 2014

Romania’s Finance Ministry Tuesday failed to attract any bids at a supplementary non-competitive tender for its April 2023-dated bond reopened yesterday, central bank data showed. more