4 feb 2014

Romania’s industrial producer price index inched up 0.1% on average in December compared with a month earlier, on modest price increases in most sectors, the country’s statistics institute INS more

3 feb 2014

Romania’s Finance Ministry postponed until February 20 a sale of one-year treasury bills originally scheduled for today, citing unfavorable conditions both in international markets and at home. more

3 feb 2014

Romanian bank depositors are growing increasingly dissatisfied with the low interest rates offered by lenders and they turn to higher risk assets to raise their money holdings, the head of OTP Asset more

3 feb 2014

Romanian foreign exchange reserves rose to EUR32.91 billion in January, from EUR32.52 billion a month earlier, central bank data showed Monday. more

3 feb 2014

The Romanian leu edged higher against the euro in the first half of the trading session Monday, and the central bank’s reference firmed to 4.4935 units, the strongest rate this year. more

3 feb 2014

Romanian investment fund Fondul Proprietatea (FP.RO) on Monday approved lowering the fund’s share capital by 676.9 million lei (EUR150.5 million) to RON12.86 billion by reducing the face value of more

3 feb 2014

The Romanian leu showed little movement against the euro in early trade Monday, amid a quiet market. more

3 feb 2014

Arrivals at Romanian tourism accommodation establishments rose 3.5% in 2013 from a year earlier, while overnight staying increased 1.1%, data from the statistics institute INS showed Monday. more

3 feb 2014

Romanian adjusted retail sales inched up 0.4% in 2013 compared with the previous year, fueled by higher demand for non-food items, the statistics institute INS said Monday. more

31 ian 2014

Romania’s leu advanced slightly against the euro Friday to finish the session just below 4.5 units, amid growing volumes. more

31 ian 2014

Romanian analysts estimate the central bank will cut its monetary policy rate by a quarter of a point to 3.5% at the upcoming meeting February 4, a survey from the Association of Romanian Financial more

31 ian 2014

The Romanian leu appreciated against the euro by midday Friday and the central bank’s reference strengthened for the fifth consecutive session to 4.4978 units, a new record high for the past three more

31 ian 2014

Romania’s Finance Ministry plans to raise EUR200 million in a reopening of its January 2019 Eurobond at a local auction scheduled for February 20, the ministry said Friday. more

31 ian 2014

The British arm of U.S. motion and control systems manufacturer Parker Hannifin Corp is considering opening a new production line for hydraulic cylinders and is looking to Romania as a possible more

31 ian 2014

Romania’s largest bank BCR, a unit of Austrian Erste Group Bank AG (EBS.RO), has appointed Adriana Jankovicova as its new Chief Financial Officer, effective March 1, the lender said in a statement more

31 ian 2014

Romania's unemployment rate inched down to 7.1% in December 2013, from 7.3% a month earlier, seasonally adjusted data from the statistics institute INS showed Friday. more

30 ian 2014

Bucharest shares closed mixed Thursday, with most of the indices ending in red despite a slightly positive sentiment in international markets following upbeat US economic growth data. more

30 ian 2014

Romanian businessman Gruia Stoica, owner of railway freight transporter Grup Feroviar Roman (GFR), has been placed under 29-day preventive arrest on bribery charges. more

30 ian 2014

The total volume of transactions with office spaces exceeding 5,000 square meters rose 28% in 2013, compared with a 3% hike in 2012 and a 9% increase in 2011, according to the data provided by more

30 ian 2014

Romania’s former transport minister Relu Fenechiu has been sentenced definitively to five years in prison for accessory to abuse of office. more

30 ian 2014

Romanian hydropower generator Hidroelectrica sold just three out of 14 micro power plants auctioned off last week, for which it raised 11.2 million lei (EUR2.5 million), the company said in a more

30 ian 2014

Investor sentiment regarding the outlook of the Romanian economy fell for the second consecutive months in December, amid weakening confidence in retail, constructions and industry, a survey from the more

30 ian 2014

The Romanian leu widened its earlier gains versus the euro by midday Thursday and the central bank’s reference firmed to 4.5085 units, the highest rate in three weeks. more

30 ian 2014

Romanian state-run energy holding CE Oltenia has taken out a EUR193 million syndicated loan from the European Bank for Reconstruction and Development, BCR, BRD and UniCredit to upgrade an electricity more

29 ian 2014

Bucharest shares erased their earlier gains to finish Wednesday’s session lower, following the movement in international markets as investors wait to see if the U.S. Federal Reserve further trims more