18 feb 2014

Romania’s Finance Ministry on Tuesday raised a planned 50 million lei (EUR11.1 million) at a supplementary non-competitive tender for its April 2016-dated bond reopened yesterday. more

18 feb 2014

The Romanian leu was stable against the euro by midday Tuesday and the central bank’s reference advanced slightly to 4.4873 units, from 4.4905 units a day earlier. more

17 feb 2014

Romania’s leu fluctuated in a tight range between 4.488 and 4.492 against the euro in a quiet market Monday and closed roughly flat on the day, amid low volumes. more

17 feb 2014

Romania’s Finance Ministry on Monday raised a planned 500 million lei (EUR111.3 million) in a reopening of its five-year bond due April 2016, at an average yield of 4.08% a year, marginally lower more

17 feb 2014

Romanian insolvent construction company Concefa Sibiu (COFI.RO) on Monday said its loss narrowed three-fold to 17.2 million lei (EUR3.9 million) in 2013, from RON53.2 million a year earlier. more

17 feb 2014

The Romanian leu continued to trade in a narrow range against the euro in mid-session Monday and the central bank set a reference rate for the local currency at 4.4905 units, 0.2% weaker on the day. more

17 feb 2014

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, on Monday said its net profit rose 25% on the year to 27.5 million lei (EUR6.2 million) in 2013, fueled by more

17 feb 2014

Romanian industrial equipment maker Comelf Bistrita (CMF.RO) Monday said its turnover rose 11.7% to 154.1 million lei (EUR34.4 million) in 2013, from around RON138 million a year earlier. more

17 feb 2014

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Monday said its revenues declined 10.7% to 142.1 million lei (EUR32.1 million) in 2013, from RON159.1 million a year earlier. more

17 feb 2014

Romania’s leu showed little movement against the euro during early trading hours Monday and hovered just below 4.49 to the euro, amid a quiet market. more

17 feb 2014

Romanian insolvent chemical producer Oltchim Ramnicu Valcea (OLT.RO) on Monday said its loss halved on the year to 285.1 million lei (EUR63.6 million) in 2013, on lower costs. more

14 feb 2014

Romanian producers and distributors of natural gas could be forced by law to sell on the local commodities market 20% to 30% of the volumes produced or proposed for distribution, minister delegate for more

14 feb 2014

Romania’s government expects the country will meet this year all the Maastricht criteria to converge to the euro area and set the year 2019 as a self-imposed deadline for the euro adoption. more

14 feb 2014

Lukoil Energy&Gas Romania, a unit of Russia’s second-largest oil group Lukoil, plans to build a 9 MW photovoltaic park near its Petrotel refinery in the southern city of Ploiesti, people familiar more

14 feb 2014

The Romanian leu held on to its earlier gains versus the euro by midday Friday, amid improved investor sentiment following strong GDP data for last year, and the central bank’s reference more

14 feb 2014

The Romanian economy grew at the fastest pace in the European Union in the fourth quarter of 2013 compared with the previous three months, official data showed Friday. more

14 feb 2014

Romania’s strong economic performance in 2013 reflects excellent contributions from agriculture and exports, but domestic consumption remains subdued, a note from Austrian Erste Group Bank AG showed more

14 feb 2014

Romanian aluminum processor Alumil Rom Industry (ALU.RO) friday said its sales rose 4% to 71.3 million lei (EUR15.9 million) in 2013, from RON68.5 million a year earlier. more

14 feb 2014

Romania’s government approved an emergency ordinance placing the state-run companies Transelectrica (TEL.RO) and Transgaz (TGN.RO) under the authority of the government’s General Secretariat, more

14 feb 2014

The Romanian leu strengthened against the euro during early trading hours Friday following better-than-expected economic data which showed the gross domestic product grew at an annual rate of 3.5% in more

14 feb 2014

Romanian lender Banca Comerciala Carpatica (BCC.RO) Friday said its net profit rose 77% on the year to 38 million lei (EUR8.6 million) in 2013, fueled by higher revenue from lending and a RON12 more

14 feb 2014

Romania’s economy grew faster than expected in 2013, fueled by a bumper harvest, growing exports and recovering activity in industry. more

13 feb 2014

Romania’s leu depreciated against the euro for the third consecutive day to finish Thursday’s session 0.2% lower, but trading volume remained low. more

13 feb 2014

Romania’s Finance Ministry has rejected all bids at a 100 million lei (EUR22.2 million) 10-year bonds auction Thursday, citing high yields. more

13 feb 2014

The Romanian leu slid against the euro in the first half of Thursday’s session, tracking the currencies in the region, and the central bank’s reference weakened for the second straight day to more