09.25.2013

Orange Romania, the largest mobile telephony operator on the local market, has set up a new company through which it will provide support services to other subsidiaries of the French telecom group. more

09.23.2013

The case of the share theft in which Ana Maria Mihaescu, head of the IFC mission in Romania, had shares worth 900,000 lei stolen from her account, raises new questions as to the safety of holding more

09.09.2013

The initial public offering of 10% in Romania’s state-run nuclear power producer Nuclearelectrica starts Monday and its purpose is not to raise money, but to revive a gloomy Bucharest Stock more

08.21.2013

Romania’s Financial Supervisory Authority, or ASF, Wednesday approved the appointment of Ludwik Sobolewski to the position of general manager of the Bucharest Stock Exchange, ASF vice-president more

08.09.2013

Fitch Ratings Thursday affirmed its long-term foreign credit rating on Romania’s capital Bucharest at ‘BBB-’, with stable outlook, citing the city’s strong economic profile and moderate debt more

07.31.2013

Raiffeisen Capital&Investment was ranked first in July among Bucharest bourse brokers, after it brokered a bond deal through which Raiffeisen Bank Romania raised 225 million lei (EUR51 million). more

07.24.2013

The Bucharest Stock Exchange reached all-time highs six years ago, whereas now, most local stocks continue to post losses of over 50% compared to the levels recorded on July 24, 2007. more

07.21.2013

Thomas Cook Neckermann plans to promote Romania’s capital Bucharest in Germany, UK, France and other countries as a city break destination in summer, when hotels are cheaper than the rest of the more

06.20.2013

Bucharest beltway rejoices funds of EUR41 million this year, which translates into a mere 3% of the budget of Romania’s national roads authority CNADNR. However, not a single kilometer of beltway more

05.09.2013

Dairy maker Albalact Alba-Iulia (ALBZ.RO), oil and gas services company Foraj Sonde Craiova (FOSB.RO), drugmaker Zentiva Bucharest (SCD.RO) and building materials maker Prefab Bucuresti (PREH.RO) are more

05.03.2013

Companies listed on the Bucharest Stock Exchange paid overall dividends of 3.03 billion lei (almost EUR700 million) this year from 2012 profit, down by 17% from the amounts paid in 2011, when more

05.02.2013

Romanian brick manufacturer Cemacon (CEON.RO), which has a plant in Zalau, has been the star of the beginning of the year on the Bucharest Stock Exchange, as the value of its shares almost doubled in more

04.26.2013

The performance of the Bucharest stock exchange has been very similar in the past three years, with the bourse seeing a major surge at the beginning of the year, and corrections taking over in more

04.19.2013

Liviu Radu, Managing Board chairman at Romanian state-owned freight railway carrier CFR Marfa, Friday has been appointed general manager at the Bucharest National Airport Company (CNAB), the Transport more

04.09.2013

Leasing company Transilvania Leasing IFN Brasov will be listed on the alternative trading system (ATS) of the Bucharest Stock Exchange. more

03.29.2013

The board of directors of the Bucharest Stock Exchange yesterday voted to dismiss Victor Cionga after seven months into his position as chief executive officer for having failed to restructure the more

03.05.2013

The housing market was again unable to return to growth last year when only 4,500 homes were completed in Bucharest and Ilfov County (which surrounds Bucharest). This is close to the 2005 level, more

03.05.2013

The employees and former managers of brick manufacturer Cemacon (CEON.RO), which owns a plant in Zalau, sold a 23% stake in the company on Monday through a deal worth 3 million lei (EUR700,000) more

02.07.2013

The management of the Bucharest Stock Exchange (BVB) wants to introduce a fixed fee of 3,500 lei per month for brokerage firms and cut the value of variable fees from the value of transactions in more

01.23.2013

Romania’s National Bucharest Airport Company, which operates Bucharest’s Henri Coanda and Baneasa international airports, registered a total traffic of 7.54 million passengers in 2012, up 1.3% on more

12.14.2012

The 40 deputies and senators elected in uninominal constituencies in Bucharest had cumulated income of EUR4.1 million in 2011, amounts in banking accounts and investments of EUR140 million. more

12.12.2012

The low traded volumes on the Bucharest stock exchange and especially the lack of development prospects for the local capital market have forced about 25 brokerage firms to either close or leave the more

11.29.2012

The Bucharest Council on Thursday approved a memorandum whereby thermal power producer ELCEN will be taken over by the City Hall. more

11.09.2012

The Bucharest stock market opened slightly up Friday morning amid low traded values. more

11.09.2012

The development of Bucharest’s new real estate hub has started for several years on an about 500-meter radius around Aurel Vlaicu underground station, which could attract investments estimated by ZF more