6 mar 2014

Romania’s Finance Ministry on Thursday raised a planned 700 million lei (EUR155.6 million) in a reopening of its 10-year bond due June 2017, at an average yield of 4.25% a year, slightly higher than more

6 mar 2014

The Romanian leu rose against the euro by midday Thursday and the central bank’s reference strengthened 0.3% to 4.4986 units, from 4.5123 units a day earlier. more

6 mar 2014

Mobile telephony operator Cosmote Romania, a unit of Greek telecom company OTE, posted an 8.1% annual increase in its fourth-quarter revenues to EUR122.9 million, reflecting higher sales on the more

6 mar 2014

Romanian telecom operator Romtelecom’s fourth quarter revenue rose 8.8% on the year to EUR162.7 million, fueled by strong performance in the ICT and wholesale segments, the parent company, more

5 mar 2014

SAI Muntenia Invest, manager of Romanian investment fund SIF Muntenia, on Wednesday proposed the fund’s shareholders choose between receiving dividend payment of 111.3 million lei (EUR24.66) from more

5 mar 2014

Romania’s leu appreciated slightly against the euro Wednesday to finish the session 0.16% higher on the day, amid average trading volume. more

5 mar 2014

Romanian state-run energy holding CE Oltenia Wednesday failed to sell a planned 518,200 megawatt-hours of electricity on the local energy exchange OPCOM due to lack of offers. more

5 mar 2014

Romanian state-run passenger rail carrier CFR Calatori plans to borrow 100 million lei (EUR22.1 million) to refinance older debt, the company said Wednesday. more

5 mar 2014

The European Commission on Wednesday imposed a fine of just over EUR1 million on Romanian power exchange OPCOM for discriminating against foreign electricity traders for a period of five years. more

5 mar 2014

The Romanian leu advanced modestly against the euro by midday Wednesday and the central bank’s reference strengthened to 4.5123 units, from 4.5196 units a day earlier. more

5 mar 2014

Germany’s Daimler AG merged two vehicle sales units in Romania to streamline activity and improve resource usage, the company said in a statement Wednesday. more

4 mar 2014

Romania’s leu recovered its earlier loss against the euro in late trade Tuesday to finish the session just below 4.515 units, amid a positive sentiment in the region after Russia ended a military more

4 mar 2014

Romania’s Financial Supervisory Authority, or ASF, will temporarily lower a series of fees levied on stock market transactions, including a 0.5% commission on state-launched public offerings. more

4 mar 2014

The International Finance Corporation, the lending arm of the World Bank, has extended a 112 million lei (approximately EUR25 million) loan to the Romanian municipality of Timisoara to support the more

4 mar 2014

Franklin Templeton Investment Management, sole manager of Romanian investment fund Fondul Proprietatea (FP.RO), will likely announce Friday its new strategy for cross-listing the fund’s shares, more

4 mar 2014

The Romanian leu moved in narrow ranges against the euro by midday Tuesday and the central bank’s reference weakened slightly to 4.5196 units, from 4.5169 units a day earlier. more

4 mar 2014

Romania’s Finance Ministry on Tuesday raised 39 million lei (roughly EUR8.63 million) at a supplementary non-competitive tender for its January 2016-dated bond reopened yesterday. more

4 mar 2014

South-African property investment fund New Europe Property Investments, or NEPI (NEP.RO), Tuesday informed its shareholders they may choose between receiving new shares in the fund worth a total more

3 mar 2014

Romania’s leu retreated slightly against the euro Monday, tracking the currencies in the region, and finished the session 0.3% weaker, amid declining volumes. more

3 mar 2014

Romania’s Finance Ministry on Monday raised a planned 400 million lei (EUR88.5 million) in a reopening of its four-year bond due January 2016, with the average yield falling to 3.87% a year, central more

3 mar 2014

Romanian foreign exchange reserves fell to EUR31.65 billion in February, from EUR32.91 billion a month earlier, central bank data showed Monday. more

3 mar 2014

The Romanian leu weakened against the euro in the first half of the trading session Monday and the central bank’s reference lost 0.4% to 4.5169 units, from 4.4995 units Friday. more

27 feb 2014

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27 feb 2014

Czech power group CEZ AS Thursday reported a 20% annual decline to CZK4.1 billion (EUR158 million) in its 2013 operating profit before taxes, or EBITDA, in Romania, hurt by lower income from green more

27 feb 2014

Romania is considering a two-step reduction of inter-bank fees for card payments, following a series of appeals to the Finance Ministry from businesses and card processors, who requested a new more