26 feb 2013

The Bucharest stock market closed down Tuesday, and investors focused on only a few shares transactions, while investment fund Fondul Proprietatea (FP.RO) secured over a quarter of the bourse’s more

26 feb 2013

The Romanian leu lost all of yesterday’s gains versus the euro amid a negative sentiment in the region and closed 0.2% weaker on the day at 4.3825/4.385 to the euro. more

26 feb 2013

Romania’s Transport Ministry has received just one bid from brokerage Swiss Capital for its planned initial public offering of 5% in the Constanta maritime port operator at the Black Sea. more

26 feb 2013

Romanian overdue private loans rose 2% on the month to 29.26 billion lei (EUR6.67 billion) in January, amounting to roughly 13% of the total lending, central bank data showed Tuesday. more

26 feb 2013

Romanian insurer Astra Asigurari said Tuesday it underwrote premiums of 1.13 billion lei (EUR0.25 billion) in 2012, up 12.3% on the year. more

26 feb 2013

Swedish group Skanska has started the construction of office compound Green Court in Romanian capital city Bucharest and will invest EUR46 million in the first phase of the project, which includes an more

26 feb 2013

Romania’s leu returned near its opening levels against the euro by midday Tuesday, but the central bank’s reference weakened for the second consecutive session to 4.3816 units, from 4.381 units a more

26 feb 2013

Romanian steel maker Laminorul Braila (LMRU.RO) has appointed Katylkou Hleb to act as interim general manager until end April, the company said in a statement Tuesday. more

26 feb 2013

The Bucharest stock market opened in red Tuesday, while the traded values were higher than in recent sessions, lifted by a special deal with SIF Transilvania (SIF3.RO) shares. more

26 feb 2013

The Romanian leu fell slightly against the euro Tuesday morning, following the evolution of the other currencies in the region. more

25 feb 2013

Romania’s Ministry for the Information Society is seeking a strategic investor that will acquire a 51% in state-run postal company Posta Romana and is waiting for offers until April 11, the ministry more

21 feb 2013

Health Ministry state secretary Raed Arafat was designated Man of the Year at the MEDIAFAX Gala Wednesday evening at the Romanian Athenaeum. more

20 feb 2013

The Bucharest stock market gained around 1% Wednesday, closing at the highest level in the last four weeks, with the shares of Fondul Proprietatea (FP.RO), Banca Transilvania (TLV.RO) and OMV Petrom more

20 feb 2013

The employees of Romanian state-run electricity supplier Electrica SA could buy shares in the company's privatized branches at between EUR3.17 and EUR45.26 per unit, according to the branch, the total more

20 feb 2013

Romania’s leu was mostly stable Wednesday and closed flat at 4.375/4.377 to the euro, amid low volumes. more

20 feb 2013

Romania needs a “critical mass of engineers”, an economic-oriented educational system and more success stories like Dacia to catch up with its neighbors and converge to the EU economy, Erste more

20 feb 2013

Romanian steel maker Mechel Targoviste (COS.RO) has filed for insolvency with a view to restart activity once its restructuring process is complete, the company said in a statement Wednesday. more

20 feb 2013

Retailer Profi, controlled by Polish private equity firm Enterprise Investors, opened Wednesday a new unit in the eastern city of Bacau, brining its Romanian network to 151 units. more

20 feb 2013

Romania’s leu traded in a tight range against the euro by midday Wednesday and the central bank’s reference gained 0.14% on the day to 4.3779 units, from 4.3842 units in the previous session. more

20 feb 2013

Romania plans to reduce the number of green certificates granted to solar energy producers starting with 2014, an official of the country’s energy regulator ANRE said Wednesday. more

20 feb 2013

The Bucharest stock exchange was up 1% after the first 30 minutes of Wednesday session, lifted by the energy stocks, which provided much of the liquidity. more

20 feb 2013

The Romanian leu weakened slightly against the euro Wednesday morning, while the traded volumes were very low. more

20 feb 2013

Revenues of mobile operator Orange Romania saw a slight decline last year, of 2.6%, to EUR913 million, affected, among other factors, by the impact of new interconnection tariffs. more

19 feb 2013

Romanian citizens buying an electric car as of March 15 will receive an eco-ticket worth 12,000 lei (EUR2.739) upon acquisition, the Government decided Tuesday in an emergency ordinance approving the more

19 feb 2013

Romanian lender Banca Transilvania (TLV.RO) has promoted three executive managers to the position of deputy chief executive officer, the bank said in a statement Tuesday. more