7 mar 2013

The banking market is not growing, but it does provide many opportunities, partly because of the weakened competition. ING Bank will be active on all customer segments this year and target more

6 mar 2013

The Bucharest stock market closed up Wednesday, with the shares of investment fund Fondul Proprietatea (FP.RO) reaching 0.625 lei per unit, the highest value since February 2011. more

6 mar 2013

Romania’s leu returned to gains in late trade Wednesday and closed slightly stronger against the euro, amid declining volumes. more

6 mar 2013

The reduction of state aid granted to renewable energy producers is detrimental to the sector and will cause many companies to leave the market, according to the Romanian Photovoltaic Industry more

6 mar 2013

The Romanian Government should focus on reducing the social contributions level in 2013 in order to attract foreign investments and generate economic growth, said Dan Schwartz, managing partner with more

6 mar 2013

Gijs Klomp has been appointed managing director of Jones Lang LaSalle’s business in Romania, to replace Troy Javaher, the real estate consulting firm said Wednesday. more

6 mar 2013

Romania’s leu lost its earlier gains versus the euro by midday Wednesday, tracking the currencies in the region, and the central bank’s reference retreated slightly to 4.3615 units, from 4.3612 more

6 mar 2013

Romanian Energomontaj will take a two-year of 145 million lei (EUR33 million) from a consortium of four local banks, to finance its operations and guarantee the company’s development projects, more

6 mar 2013

Raiffeisen Bank Romania, a unit of Austria’s Raiffeisen Bank International AG, Wednesday said its net profit fell 8.4% on the year to EUR88 million in 2012, hurt by higher provisions. more

6 mar 2013

ING Bank Romania Wednesday said its pretax profit rose 44% on the year to a record 232 million lei (EUR53.2 million) in 2012, fueled by higher loans. more

6 mar 2013

The Bucharest stock market was higher Wednesday morning, amid low traded values. more

5 mar 2013

The value of receivables creditors claim back from Romanian insolvent constructor Romstrade rises to 3.37 billion lei (EUR772 million), of which RON2.9 billion represent approved debts. more

5 mar 2013

Romania’s leu inched higher against the euro in a quiet session Tuesday and closed slightly above 4.36 units, amid average volumes. more

5 mar 2013

The Bucharest stock market closed up Tuesday, and the bourse’s liquidity gained impetus supported by investment fund Fondul Proprietatea (FP.RO), which closed above 0.6 lei per share for the first more

5 mar 2013

Romanian developers may start the construction of the industrial parks put off for several years, following the economic and political stability, according to a report by real estate consulting firm more

5 mar 2013

Romanian regional investment fund SIF Oltenia (SIF5.RO) will discuss in stockholders’ meeting April 19 to pay a gross dividend of 0.13 lei (EUR0.02) per share, representing 85.3% of last year's net more

5 mar 2013

Around one third of the Romanians believe they have what it takes to set up their own business, but cannot muster the required start-up capital, a survey from Amway Europe showed. more

5 mar 2013

Romania’s leu moved in a tight range against the euro by midday Tuesday and the central bank’s reference strengthened modestly to 4.3612 units, from 4.3652 units a day earlier. more

5 mar 2013

Romanian insurer Allianz-Triac Asigurari posted revenues from underwritten premiums of 908.9 million lei in 2012, up 0.3% on the year, and the company’s operating profit nearly halved, to RON6.5 more

5 mar 2013

The Romanian leu grew slightly against the euro Tuesday morning, but the transferred volumes were very low, dealers said. more

5 mar 2013

Bucharest-listed stocks opened slightly up Tuesday, in line with the international markets’ trend, but the shares of BRD-Groupe Generale (BRD.RO) were losing more than 1%. more

5 mar 2013

Romanian carmaker Dacia launched its new Logan MCV and the limited series Duster Aventure at the Geneva Motoir Show on Tuesday. more

5 mar 2013

Romanian adjusted retail sales rose 4.3% in January from the earlier month, on higher sales across the board, the statistics institute INS said Tuesday. more

4 mar 2013

The Bucharest stock exchange closed down Monday, following the trend of international markets, while the overall traded value improved thanks to several deals with OMV Petrom (SNP.RO) shares. more

4 mar 2013

Romania’s leu Monday weakened slightly against the euro and closed slightly above 4.365 units, after a calm session. more