21 iul 2014

Romania’s leu weakened against the euro in a quiet market Monday to finish the session at 4.444/4.447 units, from 4.4395 units a day earlier. more

21 iul 2014

Romanian realty developer Impact Developer&Contractor has raised 66.64 million lei (EUR14.98 million) during the first round of a public stock offering whose proceeds will be used to increase the more

21 iul 2014

Austria’s Raiffeisen Bank International AG has grouped all its investment banking businesses in Romania into a single unit operated by Raiffeisen Bank’s Treasury and Capital Markets division in a more

21 iul 2014

Romania’s Finance Ministry on Monday raised a higher-than-planned 556.9 million lei (EUR125.2 million) in a reopening of its 10-year bond due June 2021, as the average yield fell to 3.88% a year, more

21 iul 2014

The Romanian leu advanced slightly against the euro in the first half of the trading session Monday, but the central bank’s reference weakened 0.2% to 4.4488 units, its lowest level since April 30. more

21 iul 2014

The European Investment Bank is lending EUR30 million to Romanian BCR Leasing to support the undertakings of small and medium-sized enterprises (SMEs), midcap companies and public entities in the more

21 iul 2014

Australian oil and gas company ADX Energy estimates it might invest up to EUR100 million in its oil field in Timis County, western Romania, and is looking for investors to help develop the project, more

18 iul 2014

The Bucharest stocks closed lower in thin volumes Friday, tracking the markets in the region, amid geopolitical concerns after a Malaysian passenger jet was shot down over Ukraine yesterday, killing more

18 iul 2014

The Romanian leu advanced slightly against the euro by midday Friday and the central bank set a reference rate for the local currency of 4.441 per euro, modestly stronger from a two and a half months more

18 iul 2014

Romania’s Finance Ministry on Friday raised a planned 45 million lei (EUR10.13 million) at a supplementary non-competitive tender for its October 2015-dated bond reopened yesterday. more

17 iul 2014

The Bucharest stocks closed mostly lower Thursday, but the investment funds finished in green territory, with the BET-FI gaining 0.27%. more

17 iul 2014

Romanian gas distributor E.ON Gaz Distributie will merge through absorption with its sister company E.ON Moldova Distributie as part of a larger process due for completion by December 31. more

17 iul 2014

Romania’s Finance Ministry on Thursday raised a planned 300 million lei (EUR67.5 million) in a reopening of its three-year bond due October 2015, with the average yield falling to a record low of more

17 iul 2014

The Romanian leu retreated against the euro in the first half of the trading session Thursday and the central bank’s reference slid 0.17% to 4.4423 units, the lowest rate in two and a half months. more

17 iul 2014

Romanian natural gas trader Alpha Metal will purchase 73.48% in thermal energy producer Ecogen Energy after reaching an agreement with three shareholders of the energy company. more

17 iul 2014

Romania’s planned social security tax cut is poised to help reduce the burden on labor and stimulate employment, but the authorities should present a clear set of measures aimed at offsetting the more

16 iul 2014

The Bucharest market closed higher Wednesday, with financial and energy stocks scoring moderate gains amid slightly growing volumes. more

16 iul 2014

KMG International NV, a unit of Kazakhstan’s state-run KazMunayGas, plans to open 15 new gas filling stations in Romania in the “near future,” the company said Wednesday. more

16 iul 2014

The Romanian central bank has approved the new management structure of the Romanian International Bank (RIB), a unit of Polish financial group Getin Holding, RIB said in a statement Wednesday. more

16 iul 2014

Romanian new passenger car sales rose 35.7% to 39,290 units in the January-June period, from 28,968 units a year earlier, the Automotive Manufacturers and Importers Association, or APIA, said more

16 iul 2014

The Romanian leu fell against the euro in the first half of the trading session Wednesday, amid higher volumes, and the central bank’s reference weakened 0.4% to 4.4348 units, the lowest rate in two more

15 iul 2014

The Bucharest stocks closed slightly lower Tuesday, ending a two-day rally amid a negative sentiment in the region. more

15 iul 2014

Romania’s Energy Department and investment fund Fondul Proprietatea (FP.RO), the two largest shareholders in natural gas producer Romgaz SA (SNG.RO), propose the company’s board of directors and more

15 iul 2014

Romania’s Finance Ministry on Tuesday raised a planned 75 million lei (EUR16.97 million) at a supplementary non-competitive tender for its June 2019-dated bond reopened yesterday. more

15 iul 2014

The Romanian leu traded just below 4.42 to the euro in the first half of the trading session Tuesday and the central bank’s reference appreciated slightly to 4.4175 units, from 4.4193 units a day more