16 mai 2014

BCR’s chief economist Radu Craciun has been appointed chairman of the board of the Romanian Association of Financial Banking Analysts, or AAFBR, the association said in a statement Friday. more

16 mai 2014

Romania’s Finance Ministry on Friday raised 18.8 million lei (EUR4.24 million) at a supplementary non-competitive tender for its June 2019-dated bond reopened yesterday. more

15 mai 2014

Romania’s first quarter economic growth of 3.8%, though a “good step forward”, is not enough to catch up with the European economies, central bank’s deputy governor Bogdan Olteanu said more

15 mai 2014

The Bucharest stock market closed mixed amid growing volumes Thursday as the composite BET-C and the BET-FI advanced, but the energy tracker continued its decline started at the beginning of the week. more

15 mai 2014

Romania and Austria posted the highest annual inflation rates in the European Union in April, while the EU's average rate accelerated slightly to 0.8% from 0.6% in March, official data showed more

15 mai 2014

Romania’s Finance Ministry on Thursday raised a planned 500 million lei (EUR112.7 million) in a reopening of its five-year bond due June 2019, at an average yield of 4.11% a year, slightly lower more

15 mai 2014

Romanian investment fund Fondul Proprietatea on Thursday reported a loss of 51.53 million lei (EUR11.6 million) for the January-April period, narrower from around RON79 million at the end of the first more

15 mai 2014

The Romanian leu traded in a tight range against the euro by midday Thursday and the central bank’s reference strengthened 0.15% to 4.4349 units, from 4.4415 units a day earlier. more

15 mai 2014

The Romanian economy grew at the fastest pace in the European Union in the first quarter of 2014 compared with the year-ago period, official data showed Thursday. more

15 mai 2014

South-African investment fund New Europe Property Investment (NEP.RO) on Thursday said its net profit attributable to stockholders rose 18.6% to EUR13.28 million in the first quarter, from EUR11.2 more

15 mai 2014

Romanian foreign direct investment, or FDI, rose 30.1% on the year to EUR570 million in the first three months of the year, the central bank said Thursday. more

15 mai 2014

Romania's current account balance showed a deficit of EUR261 million in the first three months of 2014, versus surplus a year earlier, due to a wider income deficit, central bank data showed Thursday. more

14 mai 2014

Romanian lender Banca Comerciala Carpatica (BCC.RO) on Wednesday said it has swung to a first-quarter loss of 0.9 million lei (EUR0.202 million), hurt by a 39% decline in revenue. more

14 mai 2014

Romanian state-run natural gas producer Romgaz Medias (SNG.RO) on Wednesday said its first-quarter net profit rose 82.8% to 608.38 million lei (EUR136.97 million), fueled by higher sales. more

14 mai 2014

Romanian state-run nuclear power company Nuclearelectrica (SNN.RO) on Wednesday said its net profit fell 30% on the year to 101.8 million lei (EUR22.9 million) in the first quarter, hurt by lower more

14 mai 2014

Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Wednesday said its net profit rose 37% on the year to 248.8 million lei (EUR56 million) in the first quarter, helped by higher more

14 mai 2014

Bucharest shares closed lower Wednesday, with key energy companies Nuclearelectrica (SNN.RO), OMV Petrom (SNP.RO) and Romgaz (SNG.RO) taking a plunge after they went ex-dividend. more

14 mai 2014

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Wednesday said it has swung to a first quarter net profit, helped by a 15.8% increase in sales. more

14 mai 2014

Romanian maritime port operator Socep Constanta (SOCP.RO) Wednesday said its first-quarter sales rose 47% on the year to 17.5 million lei (EUR3.94 million), fueled by stronger traffic. more

14 mai 2014

The European Bank for Reconstruction and Development Wednesday revised slightly up its forecast on Romania’s economic growth to 2.6% in 2014, from 2.4% previously, but warned of growth constraints more

14 mai 2014

Romania’s industrial production rose 9.6% on the year in March, the second largest increase in the European Union, official data showed Wednesday. more

14 mai 2014

Romania’s economy has likely expanded 3.5% in the first quarter, fueled by industry and domestic consumption, minister delegate for Budget Liviu Voinea said Wednesday. more

14 mai 2014

The Romanian leu retreated against the euro by midday Wednesday and the central bank’s reference weakened 0.2% to 4.4415 units, from 4.4308 units a day earlier. more

14 mai 2014

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group KMG International, on Wednesday said its net profit more than halved to 3.2 million lei (EUR0.72 million) in the first more

13 mai 2014

Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, has swung to a first-quarter net profit of 10.5 million lei (EUR2.37 million) versus losses a year earlier, fueled more