12 mar 2013

Revenues obtained by Italian company Immobiliare Grande Distribuzione (IGD) from renting its 15 Winmarkt shopping centers in Romania dropped 5.3% last year to EUR11 million, impacted by insolvencies. more

12 mar 2013

The hiring climate in Romania will remain favorable in the second quarter of 2013 as 21% of local companies, particularly in the manufacturing and wholesale sectors, plan to hire more employees, more

12 mar 2013

Romania’s leu traded in a tight range against the euro by midday Tuesday, while the central bank’s reference weakened 0.2% to 4.3749 units, from 4.3643 units a day earlier. more

12 mar 2013

An economic growth of 1.5% to 2% this year could prompt reductions in value added tax and social security contributions, Romanian Economy Minister Varujan Vosganian said Tuesday. more

12 mar 2013

Romania’s trade deficit narrowed to EUR300.8 million in January, from EUR460.2 million in the year-earlier month, the country’s statistics institute INS said Tuesday. more

12 mar 2013

Romanian consumer prices inched up 0.34% on the month in February, but the annual inflation slowed to 5.65%, from a year-and-a-half high of 5.97% in the previous month, official data showed Tuesday. more

12 mar 2013

Romanian construction works fell 9.7% in January from the year-earlier month, on lower activity in most sectors, the statistics institute INS said Tuesday. more

12 mar 2013

The capital of the foreign-held banks in Romania amounted to 19.7 billion lei (EUR4.5 billion) at the end of last year and accounted for almost 80% of the total capital of the banking system, more

12 mar 2013

Dacia’s Romanian plant in Mioveni will also compete starting this year against Renault’s plant in Chennai, India, where Renault is manufacturing Dacia Duster for the UK. more

12 mar 2013

Israeli-held real estate developer GTC bought a minority shareholder out of three Galleria malls for EUR1. more

11 mar 2013

Romanian farmers will harvest between 18 and 19 million tons of grains in 2013, 50% more than last year, but nowhere near the 40 million-ton production potential of local agriculture. more

11 mar 2013

The European Investment Bank (EIB) may lend some 700-900 million euro to Romania this year, more than double from 2012, the bank's president Werner Hoyer said Monday. more

11 mar 2013

Samax Romania, part of Canadian group Carpathian Gold, aims to open three gold and copper exploitations in the western Hunedoara county, which are expected to generate up to $1.2 billion investments more

11 mar 2013

The Bucharest stock market closed slightly down Monday, on low traded values fueled mainly by transactions with the shares of Fondul Proprietatea (FP.RO), which ensured half of the total turnover. more

11 mar 2013

Romania’s leu weakened above 4.37 against the euro in late trade Monday, in line with the currencies in the region, as investors expressed concern over actions taken by the new head of the Hungarian more

11 mar 2013

The combined net assets of Romanian open-end investment funds rose 2.5% to 9.32 billion lei (EUR2.1 billion) in February, from RON9.09 billion a month earlier, the local Association of Asset Managers more

11 mar 2013

The value of retail assets of Israeli-owned real estate developer Globe Trade Center (GTC) has decreased by over EUR500 million since 2009, with Romanian properties accounting for the highest drops. more

11 mar 2013

The lack of irrigation infrastructure in Romania has taken its toll on the country this year, but the irrigation system can be developed based on a public-private partnership, Monday said Mirela Iovu, more

11 mar 2013

Romania’s Finance Ministry on Monday sold a planned 500 million lei (EUR114.5 million) in one-year treasury bills, at an average yield of 5.29% a year, lower than at the previous auction. more

11 mar 2013

Foreigners are unlikely to buy large areas of farmland in Romania after the liberalization of land transactions starting January 1, 2014 and will have to meet certain requirements, Achim Irimescu, more

11 mar 2013

Austria’s Erste Group Bank AG (EBS.RO) Monday launched a buyout offer for a stake of 0.132% in Romanian lender BCR, which could bring its total holding in the local bank to 93.7%. more

11 mar 2013

British multinational consumer goods company Reckitt Benckiser has rented out 1,000 square meters in office building Metropolis in capital city Bucharest, through a transaction brokered by consultancy more

11 mar 2013

Romania’s leu remained weaker against the euro by midday Monday, amid a negative sentiment in the region, and the central bank’s reference lost 0.2% to 4.3643 units, from 4.3544 units in the more

11 mar 2013

Romania's central bank Monday pumped 2.3 billion lei (EUR0.52 billion) into the money market via a one-week repurchasing agreement operation, well below RON7.3 billion injected last week. more

11 mar 2013

Romania’s leu weakened against the euro in early action Monday, tracking its neighbors, and traded near 4.365 to the euro, amid low volumes. more