26 nov 2012

eMag, the largest online IT&C retailer, recorded sales of over EUR15 million, similar to those of Altex--the largest electronics, home appliances and IT products retailer on the Romanian market--in more

26 nov 2012

The Bucharest stock market closed lower Monday, with traded values mainly supported by trades with shares of Fondul Proprietatea (FP.RO), as well as BRD (BRD.RO) and Banca Transilvania (TLV.RO). more

26 nov 2012

French retailer Auchan might take over the Romanian hypermarket network of German retailer Real and a deal to this end might be signed Thursday, people familiar with the matter told Ziarul Financiar. more

26 nov 2012

Romania’s leu advanced versus the euro in late trade Monday and closed slightly stronger on the day, amid low volumes. more

26 nov 2012

Romania’s Economy Ministry received five bids for consultancy in the selection of members with state-owned companies’ Board of Directors and Surveillance Councils. more

26 nov 2012

Retailers hosted by shopping center AFI Palace Cotroceni Bucharest have registered sales of over EUR500 million since 2010, mall developer AFI Europe said in a press release Monday. more

26 nov 2012

Romania’s Finance Ministry on Monday sold 450 million lei (EUR99 million) in state paper of various maturities, raising slightly more than planned although yields inched higher. more

26 nov 2012

Romania’s prognosis commission, or CNP, has revised downward its economic growth forecast to 0.7% in 2012, from 1.7% previously, saying it expects a negative contribution from farming output. more

26 nov 2012

Erste Private Banking Romania, the private banking arm of the country’s largest bank BCR, estimates full-year transactions with investment products of EUR420 to EUR430 million, up from EUR401 more

26 nov 2012

Executive search companies Spengler Fox, Amrop, Boyden and consulting and audit firm PwC on Monday submitted offers to recruit private managers for Romania’s state-run companies, people close to the more

26 nov 2012

Romania’s leu traded in ranges against the euro by midday Monday, while the central bank’s reference strengthened slightly to 4.5313 units, from 4.536 units in the previous session. more

26 nov 2012

Romania’s Health Ministry has identified several strategic hospitals and will focus on developing them in the next few years, Health Minister Raed Arafat said Monday. more

26 nov 2012

Raiffeisen Bank Romania, a unit of Austria’s Raiffeisen group, Monday said it has signed a EUR80 million loan agreement with the Council of Europe Development Bank (CEB) to finance small- and more

26 nov 2012

Romania’s central bank capped its repurchasing operation for the eighth consecutive time Monday, limiting the repo ceiling at 4 billion lei (EUR0.88 million), down from RON6 billion a week earlier. more

26 nov 2012

Spanish toy retailer Imaginarium will open its fifth store in Romania, in shopping center City Park Mall in southeastern city of Constanta, Tritex Design, master franchisor of Imaginarium, said in a more

26 nov 2012

Telecom operator Euroweb Romania earmarked investments of up to EUR12 million for next year to carry out development projects and expand its network, Stuart Evers, general manager of the company, said more

26 nov 2012

The Bucharest stock market opened undecided Monday morning in apathetic trading. more

26 nov 2012

Romanian electronics retailers Altex and Flanco on Monday said they sold products of EUR15 million and EUR12.1 million, respectively, during their three-day Black Friday sales campaign. more

26 nov 2012

Romanian private lending fell 0.6% in real terms to 230.1 billion lei (EUR50.8 billion) in October, from RON230.8 billion a month earlier, central bank data showed Monday. more

26 nov 2012

The Romanian leu traded around 4.53 against the euro in early trade Monday, in a quiet market with low transferred volumes. more

23 nov 2012

Romania’s leu retreated against the euro by midday Friday and the central bank’s reference weakened slightly to 4.536 units, from 4.5314 units a day earlier. more

23 nov 2012

Romania’s securities commission CNVM could draft by year-end a proposal to amend the capital market bylaws so that investment fund Fondul Proprietatea (FP.RO) may float its shares in Warsaw, people more

23 nov 2012

South-African investment fund New Europe Property Investment (NEP.RO) Friday said it has bought a 12.7-hectare plot of land in Galati (southeastern Romania), where it plans to develop a shopping more

23 nov 2012

The Bucharest stock exchange was down 0.1% in early trade Friday amid low traded values. more

23 nov 2012

The Romanian leu fell slightly against the euro in early trade Friday, on low transferred volumes, dealers said. more