26 mar 2014

Romania’s consolidated budget posted a deficit of 3.1 billion lei (EUR693 million) in the first two months of 2014, equal to 0.46% of the gross domestic product, Finance Ministry data showed. more

26 mar 2014

Romanian lender Banca Transilvania (TLV.RO) on Wednesday proposed increasing its share capital by 352.7 million lei (EUR78.9 million) to RON2.55 billion by incorporating part of the bank’s reserves. more

25 mar 2014

Romania’s leu strengthened against the euro Tuesday, tracking the currencies in the region, amid slightly rising volumes. more

25 mar 2014

The Romanian leu rose against the euro in the first half of the trading session Tuesday and the central bank’s reference appreciated for the sixth consecutive day to 4.4693 units, the strongest more

25 mar 2014

The Romanian antitrust chief says interbank fees are too high and the authorities are likely to cap these payments before the adoption of an EU-wide regulation at the end of 2014. more

25 mar 2014

Romania’s Finance Ministry on Tuesday raised a planned 45 million lei (EUR10 million) at a supplementary non-competitive tender for its June 2021-dated bond reopened yesterday. more

24 mar 2014

Romania plans to eliminate its cogeneration tax on electricity exports and to keep natural gas prices for industrial consumers at the level established in early January, Prime Minister Victor Ponta more

24 mar 2014

Romania’s leu advanced slightly against the euro amid low volumes Monday and finished the session at 4.475/4.478 to the euro, 0.17% stronger on the day. more

24 mar 2014

Romania’s Finance Ministry on Monday raised 535.4 million lei (EUR119.5 million) in a reopening of its 10-year bond due June 2021, above the planned amount, at an average yield of 5.29% a year, more

21 mar 2014

Romania’s leu appreciated against the euro in a quiet market Friday and finished the session around 0.2% stronger on the day at 4.483/4.4855 per euro. more

21 mar 2014

Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) proposes a dividend payment of 15.4 million lei (EUR3.44 million) from the 2013 profits, the company said in a call to its shareholders. more

21 mar 2014

Romania’s leu widened its earlier gains versus the euro by midday Friday and the central bank’s reference firmed for the fourth day in a row to 4.4816 units, its highest rate in five weeks. more

20 mar 2014

The Romanian leu showed little movement against the euro in thin volumes Thursday and finished the session roughly flat at 4.4915/4.495 units, after a quiet day. more

20 mar 2014

Romania’s Finance Ministry Thursday raised a planned EUR200 million in a reopening of its January 2019-dated Eurobond, at an average yield of 3.3% a year, unchanged from the previous auction. more

20 mar 2014

The Romanian leu moved in a tight range against the euro by midday Thursday and the central bank’s reference strengthened for the third consecutive session to 4.4949 units, from 4.4997 units a day more

20 mar 2014

The Bucharest Stock Exchange (BVB.RO) proposes paying out a gross dividend of 1.1777 lei (EUR0.2617) a share from the 2013 profit, roughly 5.2% higher on the year. more

20 mar 2014

ING Bank Romania Thursday said its pretax profit slid 7% on the year to 216 million lei (EUR48 million) in 2013, largely due to higher investment costs with technology and product development. more

19 mar 2014

Romania’s leu recovered against the euro in late trade Wednesday to close just above 4.49 units, amid weak investor appetite. more

19 mar 2014

Romania will auction in the summer a stake of 26% in oil refinery Rompetrol Rafinare (RRC.RO) with the starting price of $200 million, a government official said Wednesday. more

19 mar 2014

Romanian state-run lender CEC Bank should consider listing its shares on the Bucharest Stock Exchange or issuing corporate bonds as a means to attract extra funds and support the local economy, an more

19 mar 2014

Romania’s energy industry requires investments of over EUR30 billion over the next 15 to 30 years to boost competitiveness and ensure its independence from foreign resources, according to official more

19 mar 2014

The Romanian leu lost its earlier gains versus the euro by midday Wednesday, but the central bank’s reference strengthened slightly to 4.4997 units, from 4.5085 units in the previous day. more

19 mar 2014

The Bucharest Stock Exchange will introduce two new indices in the second half of the year, namely the BET Plus and the BET Total Return, or BET-TR, the head of the market operator said Wednesday. more

18 mar 2014

Romania’s leu advanced slightly against the euro in late trade Tuesday, tracking regional markets which recovered following last week’s sell-off despite Crimea’s decision to break away from more

18 mar 2014

Romania’s state-run natural gas producer Romgaz (SNG.RO) will postpone a decision regarding its participation in two major energy projects pending further research, Minister-delegate for Energy more