12 mar 2014

Italy’s utility Enel Wednesday said its pretax earnings in Romania rose 25% on the year in 2013, fueled by higher electricity prices. more

12 mar 2014

French-based power and transport group Alstom seeks to hire up to 50 IT engineers in Romania in the next three years, Alstom Romania president Gilbert Porcherot said Wednesday. more

11 mar 2014

Romanian aluminum producer Alro Slatina (ALR.RO) on Tuesday urged the government to reduce incentives for renewable energy projects, saying the company could be just months away from halting activity more

11 mar 2014

The combined net assets of Romanian open-end investment funds rose 3.17% to 13.98 billion lei (a little over EUR3 billion) in February, from RON13.55 billion a month earlier, data from the local more

11 mar 2014

Romania’s Finance Ministry on Tuesday raised 11.7 million lei (EUR2.6 million) at a supplementary non-competitive tender for its April 2023-dated bond reopened yesterday. more

11 mar 2014

Romania’s power consumption could increase by 1% to 1.5% on the year in 2014, according to estimates of CEZ Romania utility. more

11 mar 2014

The Romanian leu was stable against the euro by midday Tuesday and the central bank set a reference rate for the national currency of 4.499 units, little changed from 4.4996 units a day earlier. more

11 mar 2014

Romania’s leu traded near 4.5 to the euro during early hours Tuesday, with trading volumes rising slightly amid a quiet market. more

11 mar 2014

Romanian adjusted industrial production rose 2.3% in January compared with a month earlier, on higher manufacturing output, the country’s statistics institute INS said Tuesday. more

11 mar 2014

Romanian energy output fell 6.1% on the year to 1.85 million tons of oil equivalent in January, largely due to a 27.2% decline in net coal production, the statistics institute INS said Tuesday. more

11 mar 2014

Romania’s inflation rate eased marginally to 1.05% at the end of February, reflecting a 2.2% annual drop in food prices, official data showed Tuesday. more

10 mar 2014

Bucharest shares closed lower in thin volumes Monday as investors continue to take a wait and see approach to emerging markets. more

10 mar 2014

Romania’s economy is unlikely to experience significant difficulties following a potential debt payment default in Ukraine or commercial sanctions on Russia, according to estimates from lender BCR. more

10 mar 2014

The Romanian leu moved in a tight range against the euro by midday Monday and the central bank’s reference weakened slightly to 4.4996 units, from a two-week high of 4.4931 units in the previous more

10 mar 2014

Romania’s Finance Ministry on Monday raised a planned 100 million lei (EUR22.2 million) in a reopening of its 10-year bond due April 2023, at an average yield of 5.3% a year, central bank data more

7 mar 2014

Romanian investment fund Fondul Proprietatea (FP.RO), owner of a minority stake in state-run hydropower company Hidroelectrica, on Friday ruled out a possible listing of the company’s shares in more

7 mar 2014

The Romanian leu gained ground against the euro by midday Friday and the central bank’s reference firmed for the third consecutive session to 4.4931 units, from 4.4986 units a day earlier. more

7 mar 2014

Romania’s Finance Ministry on Friday raised 55.7 million lei (roughly EUR12.4 million) at a supplementary non-competitive tender for its June 2017-dated bond reopened yesterday. more

7 mar 2014

Romanian investment fund Fondul Proprietatea’s (FP.RO) manager on Friday proposed no dividend payment from the 2013 earnings, following the previous approval of a cash distribution of 0.05 lei more

7 mar 2014

Franklin Templeton Investment Management, sole manager of Romanian investment fund Fondul Proprietatea (FP.RO), on Friday announced plans for a secondary listing of the fund’s shares on the London more

7 mar 2014

Fitch Ratings Friday affirmed Romania's long-term foreign and local currency ratings at 'BBB-' and 'BBB’, respectively, citing the country’s strong economic growth and its resilience to recent more

7 mar 2014

Romanian average net salary fell 7.7% to 1,625 lei (EUR361.2) in January, from RON1,760 a month earlier, when monthly income was largely supplemented by one-time bonuses, the statistics institute INS more

6 mar 2014

Romania’s leu gained a modest 0.16% versus the euro after a calm session Thursday, amid low volumes. more

6 mar 2014

Romania’s insolvent energy producer Hidroelectrica plans to sell around 441,500 megawatt-hours of electricity on the local energy exchange OPCOM in a bid to raise 70.14 million lei (EUR15.58 more

6 mar 2014

Romania’s largest generic drug maker Terapia Ranbaxy, the local unit of Indian pharmaceuticals group Ranbaxy Laboratories, will pay out its shareholders a total dividend of 205 million lei (EUR45.6 more