19 mar 2013

The Romanian leu lost its earlier gains versus the euro in late trade Tuesday and closed roughly flat on the day, amid a quiet market. more

19 mar 2013

Prime Minister Victor Ponta said the year 2015 is no longer a credible target for Romania’s joining the eurozone, adding the country's euro adoption process might be finalized sometime near the year more

19 mar 2013

Romania’s second-biggest oil group Rompetrol has expressed concern over potential cheap oil imports from Serbia after the latter has signed a trade agreement with the European Union, the Economy more

19 mar 2013

Bucharest-based nuclear component plant Fabrica de Echipamente si Componente Nuclearo-Energetice (FECNE) Bucuresti, owned by Italy’s Walter Tosto, will supply China’s Ningbo equipments for eight more

19 mar 2013

Romanian state-run natural gas transmission system operator Transgaz (TGN.RO) could finance between 7% and 20% of the upcoming Nabucco West international pipeline project, the company said in a call more

19 mar 2013

Romania’s leu traded slightly below 4.41 to the euro by midday Tuesday and the central bank’s reference strengthened to 4.4078 units, from a ten-week low of 4.417 units a day earlier. more

19 mar 2013

Raiffeisen Bank plans a bond issue of up to 500 million lei (EUR113.4 million) on the Romanian market, pending approval from its shareholders at a meeting due April 19. more

19 mar 2013

The Bucharest stock exchange was undecided in early trade Tuesday, as the interest was low and the liquidity was scarce. more

19 mar 2013

The Romanian leu stayed in a narrow range Tuesday morning, trading around 4.41 against the euro, on low transferred volumes. more

18 mar 2013

Romania’s state-run power grid operator Transelectrica (TEL.RO) Monday named Dumitru Parvulescu, former deputy secretary general with Economy Ministry, as president of the company’s Supervisory more

18 mar 2013

Romania’s Economy Ministry will transfer its control over the shares in state-run power grid operator Transelectrica (TEL.RO) and natural gas transporter Transgaz (TGN.RO) to the Finance Ministry, more

18 mar 2013

Romanian new passenger car sales fell 5.9% on the year to 7,547 units in the first two months, from 8,017 units in the year-earlier period, the Automotive Manufacturers and Importers Association, or more

18 mar 2013

The Bucharest stock market closed down Monday, in line with the international markets, while the traded values were boosted by deals with Fondul Proprietatea (FP.RO) shares. more

18 mar 2013

Romania’s leu shed around 0.5% against the euro Monday amid a negative sentiment in the region after news that Cyprus would tax depositors as part of a bailout program negotiated with eurozone more

18 mar 2013

Belgian real estate developer Warehouses DePauw (WDP) has placed a seven-year bond for a total of EUR50 million, at an annualized gross yield of 3.82%, to finance projects in Belgium, the Netherlands, more

18 mar 2013

Romania’s UniCredit Tiriac Bank, a unit of Italy’s banking group UniCredit, plans to launch its first corporate bond issue in the second half of the year, most likely as part of a larger medium more

18 mar 2013

Danone Romania, a unit of French food group Danone, Monday said it will withdraw from the market some of its products that may contain traces of aflatoxin-contaminated milk and block in storage other more

18 mar 2013

The Bucharest Court decided Monday former prime minister Adrian Nastase will be released from prison ahead of term. more

18 mar 2013

Romania’s Finance Ministry sold debt worth 1 billion lei (EUR226 million) at two auctions Monday, in line with the initial target, with yields continuing a downward trend started in late 2012. more

18 mar 2013

Ruxandra Bandila will take over the position of strategy and business development director of cement maker Lafarge Romania, starting April 1, 2013, the company said in a statement Monday. more

18 mar 2013

PVC profiles maker Gealan Romania kept its sales steady in 2012 and estimates its turnover will climb some 10% this year supported by direct exports and the increase of its portfolio. more

18 mar 2013

Romania’s leu exchange rate Monday weakened to its lowest level against the euro in the past 10 weeks, amid a negative sentiment in the region after eurozone finance leaders announced plans to tax more

18 mar 2013

Romanian pharmaceutical company Terapia Ranbaxy will pay out a gross dividend of 0.28 lei (EUR0.06) per share to its shareholders from the profit registered in 2012. more

18 mar 2013

Romania's central bank Monday injected 247.4 million lei (EUR56.3 million) into the money market via a one-week repurchasing agreement operation, the lowest amount in 17 months. more

18 mar 2013

British telecommunications company Vodafone’s network operations in seven European countries, including Romania, will be monitored and administered starting April 1, 2013 by a network operations more