11 aug 2016

UniCredit Leasing reported a net consolidated profit of EUR3.7 million in the first six months of 2016, up 33% from the year-earlier period, the company said in a statement Thursday. more

11 aug 2016

Insurance company Allianz-Tiriac, the largest insurer on the Romanian market, reported total revenues of RON598 million in January-June, up 13% from the year-earlier period. more

11 aug 2016

The Romanian financial leasing market saw a 25% increase in the first six months of 2016, to nearly EUR1 billion, the association of financial companies ALB Romania said Thursday. more

11 aug 2016

Coca-Cola sales volumes in Romania rose over 10% on the year in the first six months of 2016, according to Coca-Cola HBC financial report released Thursday. more

10 aug 2016

ING Romania reported a net profit of RON278 million in the first six months of 2016, up 79% on the year, mainly due to the sale of Visa shares in the second quarter of the year and due to lending more

10 aug 2016

Romania's largest company OMV Petrom (SNP.RO), majority owned by Austria's OMV, will close down 250 uneconomic drilling wells this year, of the 7,600 available units, while the staff numbers dropped more

10 aug 2016

Meal voucher and card issuer Edenred Romania opened an office in Cluj county, where over 65% of the main 50 companies use the vouchers issued by Edenred. more

10 aug 2016

Shareholders of real estate developer Practic Bucuresti (PRBU.RO), 48.5% controlled by businessman Radu Timofte, approved the payment of RON6.5 million as dividends. more

10 aug 2016

Pharmaceutical distributor Farmaceutica Remedia Deva (RMAH.RO) registered a turnover of RON107.08 million in January-June 2016, down 6.25% from the year-earlier period. more

10 aug 2016

Romanian brick maker Cemacon Cluj (CEON.RO) reported a turnover of RON39.4 million in the first six months of 2016, up 13% on the year, and a net profit of RON829,771, down 77% compared with more

10 aug 2016

Romania's state-owned postal operator Posta Romana reported a net profit of RON15.8 million (EUR3.5 million) in the first six months of 2016, up 2.5% compared with the same period a year before, the more

10 aug 2016

more

9 aug 2016

Romania gets 30% of its energy from coal but coal companies are, paradoxically, insolvent, Energy Minister Victor Grigorescu told a conference organized by Ziarul Financiar on Tuesday. more

9 aug 2016

Siemens has completed the expansion of two of its four plants in Romania, operated through SIMEA Sibiu company, namely the units in Sibiu and Buzias cities. more

8 aug 2016

Unirea Shopping Center (SCDM.RO), which controls the stores in capital Bucharest and central city of Brasov, reported a net profit of RON1.7 million in the first six months of 2016, up fivefold more

8 aug 2016

OTP Bank Romania will launch the loan for pre-financing the subsidies granted by agriculture support agency APIA, for legal entities, registered sole traders, family businesses and individual more

5 aug 2016

A new issue of state bonds named "Fidelis Centenar” will start trading on Bucharest Stock Exchange as of August 5, the stock exchange said in a statement Friday. more

4 aug 2016

KMG International, through its company Rompetrol Downstream, opened two new filling stations in Orsova and Sibiu cities and plans to expand the local network by 9 other new filling stations by the end more

4 aug 2016

UniCredit Bank, a top five player in the local banking system, reported a net consolidated profit of RON226 million in the first six months, up 159% compared with the same period a year before, the more

4 aug 2016

Garanti Bank maintains its forecast on Romania’s economic growth at 3.7% in 2016 and estimates a similar evolution for 2017, according to the bank’s macroeconomic report for the second quarter of more

4 aug 2016

Prices of apartments put up for sale across Romania increased by 1.5% on the month in July, with the average price reaching EUR1,035 per sqm, and by 9.6% compared with July 2015, according to more

3 aug 2016

Romanian insurer Asirom, owned by Austria’s Vienna Insurance Group (VIG), ranked first among insurance companies operating on the local market in the first quarter of the year, with underwritten more

3 aug 2016

The Romanian government will adopt the budget revision in the government session on August 10; meanwhile it is opened to public debate on the website of the Finance Ministry, government spokesperson more

3 aug 2016

Romanian insurance market rose over 9% on the year in January-March, to RON2.4 billion, according to official data provided by the Financial Supervisory Authority (ASF). more

3 aug 2016

Piraeus Bank has decided to cut the down payment required on mortgage loans in lei to 20%, after it was increased to over 40% in May due to implementation of the law on debt discharge. more