13 feb 2014

The European Investment Bank Thursday said it has provided a EUR15 million loan to Romanian leasing company BCR Leasing to finance small and medium-sized enterprises (SMEs), midcap companies and more

13 feb 2014

Romanian investment fund Fondul Proprietatea Thursday said its net assets fell to 14.89 billion lei (EUR3.1 billion) in January, from a little over RON15 billion in the previous month. more

13 feb 2014

Romanian construction works slid 1.6% on the year in 2013, hit by a two-digit decline in new constructions, the statistics institute INS said Thursday. more

13 feb 2014

Romanian lender Banca Transilvania (TLV.RO) Thursday said its net profit rose 17% to 374.9 million lei (EUR83.7 million) in 2013, on higher revenue from lending. more

12 feb 2014

The Romanian leu fell against the euro for the second consecutive session Wednesday and closed slightly below 4.49 units, amid a quiet market. more

12 feb 2014

The combined net assets of Romanian open-end investment funds rose 4.4% to 13.55 billion lei (EUR3.02 billion) in January, from around RON13 billion a month earlier, data from the local Association of more

12 feb 2014

Romania’s second-largest bank BRD (BRD.RO) has booked more loan-loss provisions than initially estimated in the last quarter of 2013, chief executive Philippe Lhotte said Wednesday. more

12 feb 2014

Romanian central bank governor Mugur Isarescu on Wednesday reiterated the local money market has a controlled floating exchange rate system, which allows the institution to sell or purchase foreign more

12 feb 2014

The Romanian leu edged lower against the euro by midday Wednesday and the central bank’s reference weakened to 4.4779 units, from 4.4723 units a day earlier. more

12 feb 2014

Romanian foreign direct investment, or FDI, rose 26.7% on the year to EUR2.72 billion in 2013, the highest level in four years, the central bank said Wednesday. more

12 feb 2014

Romania's current account deficit narrowed sharply to EUR1.5 billion in 2013, from a gap of EUR5.84 billion a year earlier, largely due to a smaller imbalance of the trade deficit, central bank data more

12 feb 2014

The sales volume of Dutch brewer Heineken NV fell in 2013 in Romania, due to unfavorable weather and a weak consumer environment, the company announced Wednesday. more

12 feb 2014

Romania’s leu held steady at around 4.476 against the euro during early trading hours Wednesday, amid an apathetic market. more

12 feb 2014

Romanian consumer prices rose 0.85% on the month in January, but the annual inflation eased for the third consecutive month to 1.06%, a fresh record low since at least 1990, official data showed more

12 feb 2014

Romanian adjusted industrial production rose 7.1% in 2013 from a year earlier, on higher output in most sectors, the country’s statistics institute INS said Wednesday. more

12 feb 2014

Romania’s second-largest bank BRD-Groupe Societe Generale (BRD.RO) Wednesday reported a loss of 385 million lei (EUR86 million) for 2013, mainly due to a rise in provisioning costs, while the more

11 feb 2014

Austria’s Erste Group Bank AG (EBS.RO) on Tuesday said its net profit fell eight-fold on the year to EUR60 million, hit by goodwill write-down, but noted its Romanian unit BCR performed as expected. more

11 feb 2014

Romania’s leu retreated modestly against the euro in thin volumes Tuesday, amid a quiet market. more

11 feb 2014

Garanti Group Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, Tuesday reported a consolidated net profit of EUR27 million in 2013, versus losses a year earlier, as its prize more

11 feb 2014

Romania’s Finance Ministry on Tuesday raised a planned 80 million lei (EUR17.9 million) at a supplementary non-competitive tender for its June 2017-dated bond reopened yesterday. more

11 feb 2014

The Romanian leu moved in a tight range against the euro by midday Tuesday and the central bank’s reference firmed for the second straight day to 4.4723 units, from 4.4754 units in the previous more

11 feb 2014

Romanian rolling stock maker voestalpine VAE APCAROM (APC.RO), owned by Austria's voestalpine, Thursday said its net profit fell 16% on the year to 4.45 million lei (EUR0.99 million) in 2013, hurt by more

10 feb 2014

Romania’s newly launched bank Banca Romana de Credite si Investitii, or BRCI, aims to become the go-to bank for local companies and sees solid prospects in the start up segment. more

10 feb 2014

The Romanian leu strengthened slightly against the euro in a quiet market Monday to finish the session just above 4.47 units, from around 4.48 units Friday. more

10 feb 2014

Romania’s Finance Ministry on Monday raised a planned 800 million lei (EUR178.7 million) in a reopening of its 10-year bond due June 2017, at an average yield of 4.06% a year. more