13 mai 2014

The Bucharest stock market closed slightly lower Tuesday, with investment fund SIF Oltenia (SIF5.RO) and oil company Rompetrol Rafinare (RRC.RO) fueling large part of the transactions. more

13 mai 2014

Romania faces one of the highest declines in employment levels in Central and Eastern Europe, has the least skilled personnel and is in dire need of new investments and new jobs, said Dan Bucsa, an more

13 mai 2014

Czech power group CEZ AS Tuesday reported first-quarter operating profit before taxes, or EBITDA, of CZK800 million (EUR29.1 million) in Romania, down 55% on the year. more

13 mai 2014

The Romanian leu held steady at around 4.43 to the euro by midday Tuesday and the central bank’s reference strengthened slightly to 4.4308 units, from 4.4328 units a day earlier. more

13 mai 2014

Romania’s Finance Ministry on Tuesday raised a planned 60 million lei (EUR13.5 million) at a supplementary non-competitive tender for its June 2017-dated bond reopened yesterday. more

12 mai 2014

Romania’s leu showed little movement against the euro Monday and finished the session flat at 4.432/4.433 units, amid low volumes. more

12 mai 2014

Interest rates on corporate loans in Romania will continue their decline started in the recent months, albeit at a slower pace, while the already-low deposit rates could go negative, the president of more

12 mai 2014

Romania’s Finance Ministry on Monday raised a planned 400 million lei (EUR90.2 million) in a reopening of its 10-year bond due June 2017, at an average yield of 3.95% a year, lower than at the more

12 mai 2014

The Romanian leu was stable against the euro by midday Monday and the central bank’s reference weakened modestly to 4.4328 units, from an eight-month high of 4.4295 units recorded in the previous more

12 mai 2014

Romania’s insolvent energy producer Hidroelectrica on Friday sold electricity worth 81 million lei (EUR18.5 million) on the local power exchange OPCOM, the power company said in a statement. more

12 mai 2014

Romania’s leu moved in a tight range against the euro during early trading hours Monday, amid thin volumes. more

12 mai 2014

Romania’s minister delegate for Budget Liviu Voinea said Monday that the economy is growing faster than initially estimated and encouraged companies and households to speed up the consumption pace. more

12 mai 2014

Romanian adjusted industrial output rose 10.7% in the first quarter from the year-ago period, fueled by higher manufacturing and energy production, the country’s statistics institute INS said more

12 mai 2014

Romanian energy output fell 1.9% on the year to 5.45 million tons of oil equivalent in the first quarter, hurt by declining production in the coal-mining sector, official data showed Monday. more

12 mai 2014

Romania’s trade deficit widened to EUR1.11 billion in the first quarter, from EUR1.07 billion a year earlier, the country’s statistics institute INS said Monday. more

12 mai 2014

Romania’s annual inflation rate rose to 1.21% at the end of April, from an all-time low of 1.04% a month earlier, ending a five-month period of declines, official data showed Monday. more

9 mai 2014

Romanian state-run power grid operator Transelectrica (TEL.RO) Friday said its net profit rose 48.8% to 136.5 million lei (EUR30.8 million) in the first quarter, from RON91.75 million a year earlier. more

9 mai 2014

The Bucharest shares closed slightly higher in thin volumes Friday, extending the rally started at the beginning of the week to a fourth day. more

9 mai 2014

Romanian third-largest dairy maker Albalact Alba Iulia (ALBZ.RO) Friday said its net profit rose to 11.5 million lei (EUR2.6 million) in the first quarter, from RON2.7 million a year ago, helped by a more

9 mai 2014

Romania’s leu closed slightly higher against the euro Friday, following a sleepy session with only 40 transactions. more

9 mai 2014

Romanian energy traded Alpiq RomIndustries, a unit of Swiss company Alpiq, is looking to buy a record 26.3 million megawatt-hours of electricity on the local energy exchange OPCOM, valued at some 3.94 more

9 mai 2014

Foreign corporate investors lowered their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 53.98% in April, from 54.3% a month earlier, the fund said in a stock exchange filling more

9 mai 2014

Romanian regional investment fund SIF Transilvania (SIF3.RO) has swung to a first-quarter loss as the fund’s revenues tumbled, hit by lower asset sales. more

9 mai 2014

The Romanian leu advanced against the euro by midday Friday and the central bank’s reference firmed to 4.4295 units, its strongest level in eight months. more

9 mai 2014

The International Finance Corporation, the private sector arm of the World Bank Group, will provide a $40 million subordinated loan to Romanian lender Banca Transilvania (TLV.RO) to strengthen the more