23 oct 2013

The initial public offering (IPO) of 15% in state-run natural gas producer Romgaz, the largest offering in the history of the Bucharest Stock Exchange, was prepared by over 100 professionals who had more

15 oct 2013

Aluminum smelter Alro Slatina (ALR.RO) has invested about $100 million since 2002 in increasing its energy efficiency. more

15 oct 2013

ArcelorMittal, the world’s biggest steelmaker controlled by Indian billionaire Lakshmi Mittal, will invest EUR92 million to modernize a furnace in France, but it demolishes its furnaces in Romania. more

9 oct 2013

Electroputere Craiova (EPT.RO), once a flagship company of Romania’s industry, is now worth EUR0.6 million on the Bucharest Stock Exchange, 76 times less than upon its privatization to Al-Arrab more

1 oct 2013

The Bucharest Stock Exchange’s blue chip index BET has increased by 18% since the beginning of the year and has recently topped the 6,000-point psychological threshold. The BET is close to touching more

26 sep 2013

Indian industrial group African Industries plans to invest EUR200 million in a 500,000-ton steel plant in Oltenita (southern Romania), but first it wants to see the outcome of negotiations for the more

25 sep 2013

Indian African Industries Group, the largest producer of rebar in West Africa, said it is interested in taking over Mechel’s former steel plants in Romania, which are currently insolvent. more

17 sep 2013

Canadian businessman Michael Topolinski, who recently bought bankrupt pump maker Aversa, says he does not plan to change the plant’s management structure yet. more

13 sep 2013

Aeronautical giants EADS and Boeing plan to outsource production to peripheral countries like Romania and Poland, and their orders currently represent the main pillars for the development of the more

5 sep 2013

The management of Romania’s oil transmission system operator Conpet Ploiesti (COTE.RO) says the priority for the next few years is to identify and capitalize on infrastructure projects that will more

2 sep 2013

The main index of the Bucharest Stock Exchange, BET, has increased by 12.6% since the beginning of the year, mostly because of last month, when the market rose by 7.3%. more

23 aug 2013

Oil product transmission system operator Conpet Ploiesti (COTE.RO) will move from RASDAQ to the first tier of the Bucharest Stock Exchange, after the Financial Supervisory Authority (ASF) has recently more

21 aug 2013

The 100 largest companies controlled by Romanian entrepreneurs are over-indebted and would need EUR5.6 billion in fresh capital in order to reach European average indebtedness indicators in the more

16 aug 2013

The 10 most profitable companies on the Bucharest stock exchange obtained a combined profit of 3.7 billion lei (EUR848 million), 9.1% more than profits made in the similar period of last year. more

2 iul 2013

The regional investment funds (SIF) that inherited about 30% of Romania’s economy in 1992 and were supposed to be a pillar of capitalism in the country have lived off bank dividends for years, more

27 iun 2013

The management of the Constanta Shipyard, which is controlled by Romanian businessman Gheorghe Bosinceanu and still affected by the worldwide crisis in its industry, expects it to return to profit more

6 iun 2013

The shareholders of port operator Comvex Constanta (CMVX.RO), the largest terminal in the port of Constanta, approved the payment of dividends of RON11.85 million (EUR2.8 million) from last year’s more

20 mai 2013

Valerio Battista, who runs the EUR8 billion operations of the world’s largest cable manufacturer, Prysmian, says about Romania that it has made progress in the last few years, though not as fast as more

17 mai 2013

ArcelorMittal Galati, the former Sidex plant acquired by Indian billionaire Lakshmi Mittal for EUR70 million in 2001, would see EUR100 million higher sales a year if it were able to supply sheet metal more

9 mai 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

7 mai 2013

Marius Popescu, general manager of ING Pensii, the largest pension fund on the Romanian market, says if liquidity of the Bucharest bourse remains the same, local pension funds will have to redirect more

3 mai 2013

Arab-held Al-Arrab group that promised a five-fold increase in the sales of Electroputere Craiova (EPT.RO) upon its privatization, as well as to turn it into a world giant did exactly the opposite. more

26 apr 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

7 mar 2013

Romania’s industry is dealt blow after blow: chemical plant Oltchim, refinery Arpechim, and steel plants Mechel are falling apart and the Government cannot find solutions. Where is Romanian industry more

1 mar 2013

The main index of the Bucharest Stock Exchange - BET - climbed 9% in the first two months of the year - placing Romania in the upper part of the worldwide ranking. more