6 aug 2014

Romanian state-run energy company Termoelectrica plans to sell its Borzesti thermal power plant at an outcry auction due August 20, the company’s liquidator said Wednesday. more

6 aug 2014

The Romanian leu recovered its earlier losses against the euro in late trading Wednesday to finish the session flat at 4.44 units, amid growing volumes. more

6 aug 2014

Romanian final electricity consumption is expected to fall 8.3% on the year to around 45.9 terawatt hours in 2014, according to a government document drafted by the Economy Ministry. more

6 aug 2014

The Romanian central bank is ready to further narrow the gap between interbank rates and the monetary policy rate so that banks feel comfortable enough to resume lending, even if the move might more

6 aug 2014

The Romanian leu fell against the euro by midday Wednesday and the central bank’s reference weakened roughly 0.5% to 4.4455 units, the lowest rate since July 21. more

6 aug 2014

Romania’s UniCredit Tiriac Bank on Wednesday said its net profit fell 42% to 121.33 million lei (EUR27.4 million) in the first half, from roughly RON209.6 million a year earlier. more

6 aug 2014

Romanian lender Libra Internet Bank Wednesday said its net profit rose fivefold on the year to 8.5 million lei (EUR1.92 million) in the first half of 2014, helped by lower costs. more

5 aug 2014

The Bucharest stocks closed higher for the third consecutive session Tuesday, amid a quiet market, with very low traded values. more

5 aug 2014

Romania’s leu lost its earlier gains against the euro in late trade Tuesday, and finished the session at 4.439 units, slightly weaker from 4.4362 units a day earlier. more

5 aug 2014

UniCredit Tiriac Bank has reached an agreement with Royal Bank of Scotland Romania to acquire the latter’s corporate business, pending regulatory authorizations, the two lenders said in a joint more

5 aug 2014

The Romanian leu traded below 4.43 per euro in the first half of the trading session Tuesday and the central bank’s reference gained 0.2% to 4.425 units, from 4.4336 units a day earlier. more

4 aug 2014

South-African investment fund New Europe Property Investment (NEP.RO) has closed its book build launched earlier Monday after raising approximately 1.4 billion South African rand (some EUR100 more

4 aug 2014

Romania central bank still has room for further interest rate cuts as the inflation continues to decelerate, but a decision in that direction depends mostly on external evolutions, particularly on more

4 aug 2014

Romania’s central bank Monday revised sharply down its inflation forecast to 2.2% this year from 3.3% previously, saying the inflation rate is expected to decelerate at a faster pace than initially more

4 aug 2014

The Romanian leu lost its earlier gains versus the euro by midday Monday and the central bank’s reference weakened marginally to 4.4336 units, from 4.433 units in the previous session. more

4 aug 2014

The Romanian leu weakened slightly against the euro in thin volumes Monday, unaffected by the central bank’s monetary policy decisions. more

4 aug 2014

Romania’s Finance Ministry has rejected all bids at a 600 million lei (EUR135.3 million) five-year bonds auction Monday, citing high yields. more

4 aug 2014

Raiffeisen Bank and Citigroup purchased shares and global depositary receipts (GDRs) in Romanian energy company Electrica SA (EL.RO) worth an estimated 75.8 million lei (EUR17.1 million) to help more

4 aug 2014

South-African investment fund New Europe Property Investment (NEP.RO) Monday said it plans to raise about 1.14 billion South African rand (some EUR80 million) through the issue of new shares. more

4 aug 2014

Romanian state-run copper producer Cupru Min Abrud plans to sell 17,000 tons of copper concentrate at a public auction on September 4, the company said Monday. more

4 aug 2014

Romania’s central bank Monday lowered its main monetary policy rate by 25 basis points to an all-time low of 3.25% a year, but kept the minimum reserve requirements unchanged for both leu and more

1 aug 2014

The Romanian leu closed down at 4.433 against the euro Friday, from 4.4265 per euro a day earlier, after a quiet session with average trading volumes. more

1 aug 2014

Romanian foreign exchange reserves fell to EUR30.9 billion in July, from EUR31.24 billion a month earlier, central bank data showed Friday. more

1 aug 2014

Romanian analysts estimate the central bank will lower its monetary policy rate by a quarter of a point to 3.25% in a three-month horizon, with half of the polled analysts expecting a rate cut as more

1 aug 2014

The Romanian leu retreated against the euro in the first half of the trading session Friday and the central bank’s reference weakened 0.3% to 4.433 units, the lowest rate in eight days. more