11 dec 2012

Romania’s Administration of Navigable Canals aims to assign upgrade works between 722.2 million lei (EUR159.4 million) to RON866.6 million, VAT excluded. more

11 dec 2012

The combined net assets of Romanian open-end investment funds rose 1% to 8.65 billion lei (EUR1.92 billion) in November, from RON8.57 billion a month earlier, the Romanian Association of Asset more

11 dec 2012

OTP Bank Romania, the local unit of Hungary’s financial group OTP, has increases its share capital by some 50 million lei (EUR11 million) to RON732.9 million, the lender said in a statement Tuesday. more

11 dec 2012

Romania’s center-left governing coalition USL won 58.63% of the votes for seats in the Chamber of Deputes and 60.1% in the Senate, the Central Electoral Bureau said after the counting of votes in more

11 dec 2012

For the stock market it matters little who won the elections and there are no shares which stand to gain or lose from the victory of the ruling coalition (the Social-Liberal Union, or USL) in more

11 dec 2012

Luxury car sales have resumed the trend of 2007-2008, as the number of registered units doubled, while inexpensive ‘middle class’ brands are witnessing large declines, on Romania's dwindling auto more

10 dec 2012

Romanian courier services provider FAN Courier registered turnover of 196.8 million lei (EUR43.4 million) in the first ten months of the year and estimates its 2012 sales will hit RON240 million, up more

10 dec 2012

The projected outcome of Romania’s parliamentary elections will guarantee the government the necessary support to pass bills more easily, but the absence of a strong opposition could also lead to more

10 dec 2012

Romanian broker Active International will cease operation on the brokerage market, Alina Petrisor, board chairman and manager of the firm, told Mediafax. more

10 dec 2012

ING Bank Romania will grant household mortgage loans only in lei as of January 1, 2013, due to the risk of taking a loan in foreign currency while people’s income is earned in local currency, the more

10 dec 2012

Romania’s Finance Ministry sold a planned 500 million lei (EUR110.3 million) at a one-year bills auction Monday, at an average annual yield of 6.33%, marginally higher than at the previous tender. more

10 dec 2012

The major criteria in looking for a new home in Romania’s capital city Bucharest are the price and the completion stage, with the neighborhood or area having a lesser role, so that the most searched more

10 dec 2012

Swiss group Läderach will sell Heidi Chocolat to Romanian chocolate maker Kandia Dulce, and the two companies will become part of the newly-created Kex Confectionery. more

10 dec 2012

Romania’s leu traded in a narrow range against the euro in the first half of the session Monday and the central bank’s reference gained modestly to 4.5339 units, from 4.5349 units in the previous more

10 dec 2012

Romania’s central bank capped its repurchasing operation for the tenth consecutive time Monday, while keeping the repo ceiling unchanged at 4 billion lei (EUR0.88 million). more

10 dec 2012

The Bucharest stock market inched higher in early trade Monday, while the overall traded value remained low. more

10 dec 2012

The Romanian leu stayed around 4.53 versus the euro in the first hour of trading Monday, in an apathetic market, as investors did not react to the election results, dealers said. more

10 dec 2012

Romania’s center-left governing coalition USL won 58.61% of the votes for seats in the Chamber of Deputies and 60.07% of the votes for the Senate, according to the partial results released Monday by more

10 dec 2012

Romania’s trade deficit widened to EUR8.26 billion in the first ten months of 2012, from EUR7.68 billion in the year-earlier period, the country’s statistics institute INS said Monday. more

9 dec 2012

Sales of bicycles amount to about EUR45 million in Romania, but the growth the major vendors saw this year compared with 2011 is insignificant. more

9 dec 2012

Romania’s center-left governing coalition won by a large margin the Sunday parliamentary elections, according to exit polls. more

9 dec 2012

Almost 42% of registered voters placed their ballots by 21:00 local time (GMT1900) in Romania's Sunday parliamentary elections, according to the country's Central Electoral Bureau. more

7 dec 2012

The Bucharest stock exchange opened down Friday, after staying in red for the whole session, and the traded values remained reduced, the lowest in two weeks. more

7 dec 2012

Romania’s leu recovered earlier losses against the euro in late trade Friday, amid a slight optimism in the region after upbeat US jobs data partly offset fears about economic growth prospects. more

7 dec 2012

Natural gas exports from Romania towards European Union member states will be possible starting with the second half of 2013, the country’s energy regulator ANRE head Nicolae Havrilet told MEDIAFAX. more