18 mar 2014

Romania pursues a strategy of issuing liquid benchmark bonds and refinancing treasury bills via euro-denominated bonds to improve its public debt management, Budget Minister Liviu Voinea said Tuesday. more

18 mar 2014

The Romanian leu moved in narrow ranges against the euro by midday Tuesday and the central bank’s reference strengthened slightly to 4.5085 units, from 4.5114 units a day earlier. more

18 mar 2014

Romania’s Finance Ministry on Tuesday raised a planned 60 million lei (EUR13.3 million) at a supplementary non-competitive tender for its June 2019-dated bond reopened yesterday. more

18 mar 2014

Volksbank Romania, a unit of Austria’s Volksbank AG, will likely sell a batch of non-performing loans worth EUR490 million by the end of March, the bank’s chief said Tuesday. more

18 mar 2014

Romanian new passenger car sales rose 18.8% on the year to 8,963 units in the first two months of 2014, the Automotive Manufacturers and Importers Association, or APIA, said Tuesday. more

17 mar 2014

Romanian insolvent hydropower generator Hidroelectrica plans to auction 22 micro power plants in the upcoming period, the company’s legal administrator Euro Insol said Monday. more

17 mar 2014

Romania’s leu recovered its earlier losses during the euro in late trade Monday to finish the session marginally stronger at 4.5065/4.508 units, amid a quiet market. more

17 mar 2014

Romania’s Finance Ministry on Monday raised a planned 400 million lei (EUR88.6 million) in a reopening of its five-year bond due June 2019, at an average yield of 4.94% a year, slightly lower than more

17 mar 2014

The Romanian leu edged lower against the euro in the first half of the trading session Monday and the central bank’s reference weakened modestly to 4.5114 units, from 4.5097 units in the previous more

14 mar 2014

Bucharest stocks continued their slide on Friday, for a sixth day of losses, mirroring European markets amid lingering worries about the situation in Ukraine and signs about a recovery slowdown in more

14 mar 2014

Romanian power grid operator Nuclearelectrica (SNN.RO) plans to sell 2.3 terawatt hours of electricity on the local energy exchange OPCOM in a bid to raise 373.77 million lei (EUR80 million). more

14 mar 2014

Romanian insolvent energy producer Hidroelectrica plans to sell electricity worth 102.84 million lei (EUR23 million) on the local power exchange OPCOM next week, only days after cancelling a series of more

14 mar 2014

Romania’s second-largest bank BRD-Groupe Societe Generale (BRD.RO) expects it will return to profit in 2014 after two consecutive years of losses, helped by a “normalization” of risk costs. more

14 mar 2014

The Romanian leu traded near 4.51 to the euro in the first half of the trading session Friday and the central bank set a reference rate for the local currency of 4.5097 units, slightly weaker from more

13 mar 2014

Romania’s leu edged higher against the euro in a quiet market Thursday, amid low volumes. more

13 mar 2014

The Romanian Wind Energy Association, or RWEA, on Thursday accused the government of “brutally attacking” local wind power producers, saying the latest amendments to the renewable energy laws more

13 mar 2014

The Romanian leu held on to its earlier gains against the euro by midday Thursday and the central bank set the leu’s reference to 4.5069 units, slightly stronger on the day. more

13 mar 2014

Romania’s central bank has suspended the voting rights of two large shareholders in commercial lender Banca Comerciala Carpatica (BCC.RO), saying the stockholders no longer meet the “good more

13 mar 2014

Romania’s mergers and acquisitions market rose 39% on the year to $1.09 billion in 2013, largely fueled by two deals in the banking segment, a survey from Ernst&Young showed Thursday. more

13 mar 2014

Romanian pharmaceuticals company Biofarm (BIO.RO) plans to launch a buyback program for up to 10% of its shares, the company said in a call to its shareholders Thursday. more

13 mar 2014

Romania’s leu advanced modestly against the euro during early trading hours Thursday, amid low volumes. more

12 mar 2014

Bucharest shares closed down for the fourth consecutive session Wednesday, tracking international markets which fell amid persistent concern over tensions between Russia and Ukraine and downbeat more

12 mar 2014

Romanian hydropower generator Hidroelectrica on Wednesday said its electricity output rose 25.4% on the year to 14.8 terawatt-hours in 2013, covering around one quarter of the domestic production. more

12 mar 2014

Romanian insolvent energy producer Hidroelectrica raised just 13.54 million lei (EUR3 million) at a series of electricity auctions on the local power exchange OPCOM, well below the RON70.14 million more

12 mar 2014

The Romanian leu retreated against the euro by midday Wednesday and the central bank’s reference weakened to 4.5102 units, from 4.499 units a day earlier. more