11 mar 2013

Romanian industrial sales fell 3.4% in January from a month earlier, largely due to lower demand in the manufacturing industry, the country’s statistics institute INS said Monday. more

11 mar 2013

Romanian industrial new orders rose 6.7% on the month in January, fueled by two-digit growth in the capital and consumer goods sectors, the statistics institute INS said Monday. more

8 mar 2013

The Bucharest stock market closed up Friday on improved liquidity fueled mainly by transactions with the shares of investment funds SIF Moldova (SIF2.RO) and Fondul Proprietatea (FP.RO). more

8 mar 2013

Romania’s leu edged lower against the euro in late trade Friday, amid growing demand for foreign currency from non-residents, and closed slightly weaker on the day at 4.359/4.36 to the euro. more

8 mar 2013

Almost 5% stake in Romanian regional investment fund SIF Moldova (SIF2.RO) was traded on the Bucharest stock exchange for 39.5 million lei (EUR9 million), on the last day investors could buy shares to more

8 mar 2013

Apparel and retail group Tommy Hilfiger has opened its eighth store in Romania, in shopping center Iulius Mall Timisoara. more

8 mar 2013

Romanian shipyard Santierul Naval Orsova (SNO.RO) Friday said it switched to loss of 7.8 million lei (EUR1.7 million) last year, versus profit of RON0.4 million in 2011, following asset value more

8 mar 2013

Romania’s leu was stable against the euro by midday Friday, but the central bank’s reference retreated slightly to 4.3544 units, from a six-week high of 4.3524 units a day earlier. more

8 mar 2013

OTP Bank Romania, the local unit of Hungary’s financial group OTP, has swung to a loss of EUR19.1 million in 2012, hurt by higher risk costs and falling operating profit, the Hungarian lender said more

7 mar 2013

Romania has fallen five spots since 2011 and places 68th in a travel and tourism competitiveness ranking, due to factors including Romanians’ attitude towards foreigners, pollution, inefficient more

7 mar 2013

Romania is unlikely to return to pre-crisis level of growth without major reforms that would boost investment and increase job creation, representatives of the Foreign Investors Council said Thursday. more

7 mar 2013

Romania’s leu return to its opening levels against the euro in late trade Thursday, and closed roughly flat on the day, amid low volumes. more

7 mar 2013

The Bucharest stock market closed undecided Thursday, with investment fund Fondul Proprietatea (FP.RO) as the top traded issuer once again, a day after its shares were heavily traded and touched a more

7 mar 2013

Romanian oil company OMV Petrom (SNP.RO) wants to set up a remuneration committee and make public the remuneration of the members of the Executive and Supervisory boards, Sorana Baciu, more

7 mar 2013

Romania’s Finance Ministry on Thursday reopened a four-year bond issue, attracting 500 million lei (EUR114.8 million), the same amount it has initially sought, at an average yield of 5.49% a year, more

7 mar 2013

Euro Insol, the legal administrator of Romania’s insolvent power producer Hidroelectrica, will start Friday a layoff program targeting 600 employees with the company’s service and maintenance more

7 mar 2013

Romania's unemployment rate inched down to 5.78% in February, from 5.82% a month earlier, the country’s employment agency ANOFM said Thursday. more

7 mar 2013

EU ministers assembled Thursday at the EU Council on Justice and Home Affairs have put off a decision on whether to allow Romania and Bulgaria into the passport-free Schengen area, people close to the more

7 mar 2013

Romania’s insolvent power producer Hidroelectrica will launch a campaign next week to select 67 private managers, the company’s legal administrator Euro Insol said Thursday. more

7 mar 2013

Premiums underwritten by insurers that make up the National Union of Insurance and Reinsurance Companies in Romania (UNSAR) climbed some 4% last year to 7.5 billion lei (EUR1.7 million), from RON6.5 more

7 mar 2013

Romania’s leu rose against the euro by midday Thursday and the central bank’s reference strengthened 0.2% to 4.3524 units, the highest rate in six weeks. more

7 mar 2013

Romanian banks cannot afford the risk to finance small and medium-sized companies, because collateral values depreciate very quickly in case of insolvency, the head of Raiffeisen Bank Romania said more

7 mar 2013

The Bucharest stock exchange opened slightly down Thursday, after two consecutive days of increases, while the trading values remained reduced. more

7 mar 2013

Romania’s energy output fell 2.6% on the year to 1.93 million tons of oil equivalent in January, mainly due to declining production in the thermal power sector, official data showed Thursday. more

7 mar 2013

Romanian average net salary fell 8.8% to 1,548 lei (EUR355) in January, from RON1,697 a month earlier, when the salary was largely boosted by one-time bonuses, the statistics institute INS said more