14 mar 2013

Electricity suppliers should show more flexibility toward consumers and take on some of the producers’ responsibilities, an official of the country’s energy regulator ANRE said Thursday. more

14 mar 2013

Romanian state-run natural gas producer Romgaz Medias plans to sell around 430,000 megawatt hours of electricity on the local energy exchange OPCOM in a bid to raise 87.7 million lei (roughly EUR20 more

14 mar 2013

Siniat Romania, a unit of Belgian industrial group Etex, will start the construction of a plasterboard factory in Turceni, southern Romania, in June. more

14 mar 2013

Romania’s leu retreated against the euro by midday Thursday and the central bank’s reference weakened 0.3% to 4.3975 units, from 4.3837 units a day earlier. more

14 mar 2013

Romanian foreign direct investment, or FDI, rose to EUR103 million in January, from EUR18 million in the year-earlier month, the central bank said Thursday. more

14 mar 2013

Romania's current account balance posted a surplus of EUR465 million in January, versus deficit in the same month of 2012, helped by a surplus in the services segment and lower income and trade more

14 mar 2013

Grup Servicii Petroliere, part of Upetrom group owned by businessman Gabriel Comanescu, won a new contract with Gazprom, the world’s largest natural gas producer, for oil exploration in the frozen more

14 mar 2013

The Bucharest stock market opened higher Thursday, with Fondul Proprietatea (FP.RO) shares staying in focus on the deal market, but activity on the regular market was low. more

14 mar 2013

Romania’s leu opened slightly higher against the euro Thursday, in a quiet market, and traded around 4.395 units during the first hour. more

13 mar 2013

The Bucharest stock market closed undecided Wednesday, amid higher traded values, in another session dominated by the trades with shares of Fondul Proprietatea (FP.RO). more

13 mar 2013

Profi will become Romania's second largest retail network from April, after the country’s antitrust watchdog on Wednesday approved Profi's takeover of the six-store chain of Cluj-based company more

13 mar 2013

The Romanian leu weakened in late trade Wednesday and closed near the 4.4 mark, on high demand for euro from corporate clients. more

13 mar 2013

Property firm Atrium European Real Estate on Wednesday said its net rental income from retail park Militari Shopping Center in Bucharest declined 2% to EUR6.4 million on the year in 2012, due to more

13 mar 2013

Real estate developer AFI Europe Wednesday reported net operating income from AFI Palace Cotroceni mall in Bucharest rose to EUR26.9 million in 2012, from EUR24.6 million a year before, fueled by a 9% more

13 mar 2013

The office area that will be leased in Bucharest this year will reach 170,000-180,000 square meters, from 154,000 square meters in 2012, according to a survey of real estate consultancy company DTZ more

13 mar 2013

The Romanian leu stayed on a downward trend in the first part of Wednesday session, and the central bank set the official reference rate at 4.3837 per euro, some 0.2% weaker on the day. more

13 mar 2013

The legal administrators of Romanian insolvent state-owned chemical plant Oltchim recommend the company’s privatization either by setting up a special purpose vehicle, which takes over the plant’s more

13 mar 2013

Kiwi Finance brokered loans totaling EUR42,8 million last year, down 28.6% compared with 2011, even though client numbers increased 33%. more

13 mar 2013

The Bucharest stock market opened down Wednesday in a quiet session where only the shares of Fondul Proprietatea (FP.RO) attracted some interest. more

13 mar 2013

Romania’s leu opened weaker against the euro Wednesday, in a market dominated by hard currency demand from corporate clients. more

13 mar 2013

Romanian adjusted industrial production inched up 0.3% in January compared with the previous month, on higher output in the mining and manufacturing sectors, the country’s statistics institute INS more

12 mar 2013

The Bucharest stock market closed higher Monday, on low traded values, which were only lifted by transactions with the shares of Fondul Proprietatea (FP.RO). more

12 mar 2013

Romania’s leu weakened slightly against the euro in a quiet session Tuesday and closed near 4.375 units, from 4.3715 units in the previous session. more

12 mar 2013

Enel Green Power, a unit of Italy’s utility Enel, has invested EUR251 million in its Romanian wind energy network in 2012, the company said in its financial report Tuesday. more

12 mar 2013

The Managing Board of Romanian state-owned company Tarom approved Monday the airline’s management plan, which states the company will return to profit only in 2015. more