3 iun 2014

Bucharest stocks closed in red territories for a second day Tuesday, tracking the European markets. more

3 iun 2014

The European Bank for Reconstruction and Development has subscribed bonds worth 45 million lei (some EUR10.2 million) in an unsecured bond issue of Garanti Bank Romania ended May 27, the international more

3 iun 2014

The Romanian leu traded in narrow ranges against the euro by midday Tuesday and the central bank’s reference weakened slightly to 4.3968 units, from a 10-month high of 4.3919 units a day earlier. more

3 iun 2014

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

3 iun 2014

The planned initial public offering of 51% in Romanian state-run electricity distributor and supplier Electrica SA will most likely take place in the June 16-June 25 period, people familiar with the more

2 iun 2014

Romanian pharmaceuticals company Ropharma Brasov (RPH.RO) on Monday said it has closed a share buyback program launched in early May through which it had planned to repurchase up to 29.1 million of more

2 iun 2014

The Bucharest stock market closed slightly lower Monday, ending a seven-day winning streak. more

2 iun 2014

Romania’s Finance Ministry sold debt worth 1.067 billion lei (EUR243 million) at two auctions Monday, above the planned amount, at slightly lower yields than at the previous tenders. more

2 iun 2014

Romanian Prime Minister Victor Ponta said Monday that the money raised from the planned initial offering of 51% in state-run energy distributor Electrica SA will be used by the company to develop an more

2 iun 2014

Romanian foreign exchange reserves fell to EUR30.68 billion in May, from EUR32.44 billion a month earlier, central bank data showed Monday. more

2 iun 2014

The Romanian leu appreciated slightly against the euro by midday Monday, amid a quiet market, and the central bank’s reference strengthened 0.15% to 4.3919 units, a new record level in the past 10 more

2 iun 2014

Piraeus Bank Romania on Monday said its net profit soared 90% to EUR4.6 million in the first quarter, from EUR2.4 million a year ago. more

30 mai 2014

Consumer confidence in the Romanian economy rose at the fifth fastest pace in Europe during the first quarter, a survey from market researcher Nielsen showed Friday. more

30 mai 2014

Romania’s leu closed slightly weaker against the euro Friday, amid raising volumes. more

30 mai 2014

Romania’s Finance Ministry plans to sell state treasuries worth 3.71 billion lei (EUR843 million) in June, slightly up from RON3.48 billion raised a month earlier, ministry data showed Friday. more

30 mai 2014

Romanian state-run electricity distributor and supplier Electrica SA reported a consolidated net profit of 60 million lei (EUR13.4 million) in the first quarter, on total sales of RON1.2 billion, the more

30 mai 2014

Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, expects a 3.3% increase in its sales to $604.7 million this year, from $585.4 million a year earlier, according to the more

30 mai 2014

Romania’s leu inched lower against the euro by midday Friday and the central bank’s reference weakened modestly to 4.3986 units, from a 10-month high of 4.3934 units a day earlier. more

30 mai 2014

Romanian energy regulator ANRE Friday said natural gas tariffs for household consumers will increase by 2% as of July 1 and by 3% as of October 1. more

30 mai 2014

Romania’s energy watchdog ANRE said Friday that household electricity bills could rise by 1% to 2% following the introduction of a new tax on special constructions, which includes utility poles. more

29 mai 2014

Greek lender Alpha Bank on Thursday said it has swung to a pretax profit in Romania of EUR1.4 million in the first quarter, versus losses a year earlier, helped by fewer provisions for bad loans and more

29 mai 2014

Romania’s Unirea Shopping Center (SCDM.RO) Thursday said its net profit fell almost fivefold on the year in the first quarter, hurt by higher costs and a 2.6% decline in sales. more

29 mai 2014

Romania’s leu closed flat at 4.394 against the euro for the second straight day Thursday, after a sleepy session during which it traded in a narrow range, amid low volumes. more

29 mai 2014

Romania will lower the social security tax rate by five percentage points as of July 1, Finance Minister Ioana Petrescu said Thursday. more

29 mai 2014

Romania will keep its 16% flat tax rate on income unchanged into next year, as the progressive taxation the government has been contemplating entails certain technical aspects which cannot be more