18 iun 2014

Romania’s renewable energy market has probably filled its quota for large units, which produce hundreds or thousands of megawatts, but the growth potential for smaller projects remains huge, said more

18 iun 2014

The Romanian leu traded in a tight range against the euro by midday Wednesday and the central bank’s reference strengthened modestly to 4.404 units, from 4.4049 units a day earlier. more

17 iun 2014

Romania’s leu recovered some of its earlier losses against the euro in late trade Tuesday, amid growing demand from corporate investors, including non-residents, and finished the session at more

17 iun 2014

Romania’s Finance Ministry has borrowed EUR1 billion from the International Bank for Reconstruction and Development to finance fiscal policies and healthcare projects, the ministry said in a more

17 iun 2014

Romanian new passenger car sales rose 29.8% to 30,167 units in the first five months of 2014, from 23,245 units in the year-earlier period, the Automotive Manufacturers and Importers Association, or more

17 iun 2014

Romanian investment fund Fondul Proprietatea (FP.RO) has raised 644.6 million lei ($198.6 million) from selling a stake of 4.99% in state-run natural gas producer Romgaz Medias (SNG.RO) via an more

17 iun 2014

Total hourly labor costs in Romania rose 5.3% on the year in January-March, the third largest increase in the European Union, official data showed Tuesday. more

17 iun 2014

The Romanian leu depreciated modestly against the euro by midday Tuesday and the central bank’s reference weakened for the third consecutive session to 4.4049 units, from 4.3993 units a day earlier. more

17 iun 2014

Romania’s financial supervisory authority ASF will lower its fees levied on stock market transactions by 25% as of September 16, according to a regulation published on its website. more

17 iun 2014

Romanian CEC bank’s chief Radu Ghetea said Tuesday that his institution will undergo an asset quality assessment based on the European methodology in view of joining the Single Supervisory more

17 iun 2014

Romania’s Finance Ministry on Tuesday raised a planned 45 million lei (EUR10.2 million) at a supplementary non-competitive tender for its November 2018-dated bond reopened yesterday. more

16 iun 2014

Romanian investment fund Fondul Proprietatea (FP.RO) on Monday launched an accelerated bookbuild offering to sell 4.99% in state-run natural gas producer Romgaz Medias (SNG.RO), a stake valued at 685 more

16 iun 2014

Small retail investors subscribed over 60% of the stock available in their segment during the first day of an initial public offering through which Romania seeks to sell 51% in energy company more

16 iun 2014

The Romanian leu finished the trading session Monday little changed on the day, amid a quiet market, unaffected by a negative sentiment in the region following mounting tensions between Russia and more

16 iun 2014

The Romanian parliament on Monday appointed Mugur Isarescu for a new five-year term as governor of the central bank, a position he has been holding for the past 24 years. more

16 iun 2014

Romania’s Finance Ministry on Monday raised a planned 300 million lei (EUR68.2 million) in a reopening of its five-year bond due in late November 2018, at an average yield of 3.32% a year, lower more

16 iun 2014

The Romanian leu retreated slightly against the euro by midday Monday and the central bank’s reference rate weakened roughly 0.1% to 4.3993 units, from 4.396 units in the previous session. more

16 iun 2014

The International Finance Corporation, the private sector lending arm of the World Bank Group, approved a EUR35 million loan to Garanti Bank Romania to help finance the country’s small and medium more

13 iun 2014

Romanian investment fund Fondul Proprietatea (FP.RO) Friday reported a net profit of 557.1 million lei (EUR126.7 million) at the end of May, versus losses a month earlier, largely fueled by dividends more

13 iun 2014

Fitch Ratings Friday affirmed at ‘BBB-’ its long-term credit ratings on Romanian cities of Brasov and Oradea, with stable outlooks. more

13 iun 2014

Romania’s leu edged lower against the euro in late trade Friday to finish the session 0.1% weaker at 4.3955/4.3965 units, amid a quiet market and low volumes. more

13 iun 2014

Romanian foreign direct investment, or FDI, rose 8.7% on the year to EUR785 million in the first four months of the year, the central bank said Friday. more

13 iun 2014

Romania's current account deficit widened to EUR298 million in the first four months of 2014, from a gap of EUR241 million a year earlier, largely due to higher income deficit, central bank data more

13 iun 2014

The Romanian leu held steady at around 4.39 to the euro in the first half of the trading session Friday, while the central bank’s reference rate weakened 0.1% to 4.396 units, from 4.3912 units in more

13 iun 2014

Romania’s Finance Ministry on Friday raised a planned 120 million lei (EUR27.3 million) at two supplementary non-competitive tenders for two bonds reopened yesterday. more