29 mai 2014

The Romanian leu moved in a tight range against the euro by midday Thursday and the central bank’s reference gained 0.1% on the day to 4.3934 units, a new record high in the last 10 months. more

29 mai 2014

Romania’s economy is on its way to match the pre-crisis growth levels, but the recovery pace has been slower compared with other countries and the authorities should speed up the privatization of more

28 mai 2014

Greece’s third biggest bank Eurobank Ergasias Wednesday said it has switched to a loss of EUR4.1 million in Romania in the first three months, from a net profit of EUR4.3 million in the year-earlier more

28 mai 2014

Romania’s state-run hydropower company Hidroelectrica will likely complete its second insolvency process in May or June next year, the company’s legal administrator Euro Insol said Wednesday. more

28 mai 2014

Romania’s leu moved in narrow ranges against the euro in a quiet market Wednesday to finish the session at 4.394/4.395, barely changed from 4.3945/4.397 in the previous day. more

28 mai 2014

Garanti Bank Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, has raised 300 million lei (EUR68.2 million) at a five-year bond issue launched May 26, at an annual interest rate more

28 mai 2014

Veneto Banca Bucharest, the Romanian unit of Italy’s banking group Veneto Banca, expects it will attract around EUR70 million in new deposits this year, the bank’s outgoing general manager Paolo more

28 mai 2014

The Romanian leu was stable against the euro during the first half of the trading session Wednesday and the central bank’s reference weakened slightly to 4.3981 units, from a 10-month high of 4.3958 more

27 mai 2014

The European Bank for Reconstruction and Development is considering a syndicated loan of up to $200 million to Kazakh Kom Munai LLP, a subsidiary of Romania’s leading oil and gas company OMV Petrom more

27 mai 2014

Romania’s leu closed slightly higher versus the euro after an animated session Tuesday, during which it has appreciated to its strongest levels in the past 10 months. more

27 mai 2014

Romania has surpassed Ukraine as the third most attractive country to establish a business in central and eastern Europe, according to a survey from Ernst & Young. more

27 mai 2014

Burden on business in Romania is too heavy and the authorities keep raising the tax levels, an official of utility CEZ Romania said Tuesday. more

27 mai 2014

The Romanian leu advanced against the euro by midday Tuesday and the central bank’s reference strengthened 0.3% to 4.3958 units, a fresh record high in the past 10 months. more

27 mai 2014

A delegation of the International Monetary Fund will arrive in Romania next week to review the country’s progress under a EUR2 billion precautionary agreement signed last year. more

26 mai 2014

Romanian cable maker Romcab Targu-Mures (MCAB.RO) plans to borrow up to EUR40 million from UniCredit Tiriac Bank, for which it seeks to obtain a state guarantee from government-owned lender EximBank more

26 mai 2014

Romania’s leu closed marginally stronger against the euro in thin volumes Monday, following an eventless session. more

26 mai 2014

The Romanian leu inched higher against the euro by midday Monday and the central bank’s reference won 0.15% on the day to 4.4099 units, its strongest level in the past 10 months. more

26 mai 2014

Romania’s Finance Ministry Monday sold a planned 800 million lei (EUR181.4 million) in one-year treasury bills, at an average yield of 2.49% a year, lower than at the previous auction. more

26 mai 2014

Romanian private lending edged down 0.1% on the month in real terms to 218.3 billion lei (EUR49.43 billion) in April, due to fewer loans in foreign currency, central bank data showed Monday. more

23 mai 2014

Romania’s leu finished modestly lower against the euro Friday, following a quiet session. more

23 mai 2014

State-run rail freight carrier CFR Marfa and an association including rivals Grup Feroviar Roman, or GFR, have been selected in the final round of an auction to win a three-year contract to transport more

23 mai 2014

The Romanian leu traded in a narrow range against the euro by midday Friday, amid a quiet market, while the central bank’s reference gained modestly to 4.4164 units, a fresh record high in the past more

23 mai 2014

Romania’s Finance Ministry on Friday raised a planned 75 million lei (EUR16.98 million) at a supplementary non-competitive tender for its April 2020-dated bond reopened yesterday. more

23 mai 2014

Romania's Trade Registry on Friday said 8,889 companies filed for insolvency in the first four months of the year, down 14.36% from 10.379 companies in the year-earlier period. more

22 mai 2014

Romanian state-run copper producer Cuprumin Abrud will likely float 15% of its own shares in Bucharest next year, following a modernization process, Economy Minister Constantin Nita said Thursday. more