16 ian 2012

Realty developer Willbrook on Monday said it has appointed Raluca Teposu, former head of marketing and sales at GTC Romania, as head of commercial leasing. more

16 ian 2012

Three consortia including large financial groups - JP Morgan, Goldman Sachs and Citibank - as well as local brokerage firms, Monday filed bids to broker the listing of gas producer Romgaz, Romania’s more

16 ian 2012

The Romanian leu was slightly stronger versus the euro in early trade Monday, in contrast with other currencies in the region, but transferred volumes were low. more

16 ian 2012

The Bucharest bourse opened Monday in the red, on moderate traded values, with investors targeting mostly the shares of the main investment funds. more

13 ian 2012

Since the beginning of the year, namely in less than two weeks, gasoline and diesel fuel prices have grown by 3%, with the latest increase operated by OMV Petrom (SNP.RO), the largest company in the more

13 ian 2012

The Bucharest bourse closed slightly up Friday, on higher traded values, with investors focusing mostly on financial stocks. more

13 ian 2012

Swedish apparel retailer H&M, which holds 11 stores in Romania, will open another five outlets on the local market in spring this year, people close to the matter told MEDIAFAX. more

13 ian 2012

The former president and founder of realty developer Adama, David Flusberg, received EUR675,000 upon his departure from the company’s helm, after the company was taken over by Austrian Immofinanz, more

13 ian 2012

The Romanian leu continued to strengthen in early session Friday, as local banks are selling euros, dealers said. more

13 ian 2012

The Bucharest bourse opened up Friday, on revigorated traded values, with investors eyeing especially the financial stocks. more

12 ian 2012

The Bucharest bourse closed Thursday roughly flat on the day, on improved trading values, with the regional investment funds (SIFs) extending gains in previous sessions. more

12 ian 2012

French group Filasa International bought three wind farm projects in eastern Romania, with a total projected capacity of more than 400 MW, according to law firm Popovici Nitu & Asociatii, which more

12 ian 2012

Austrian lender Erste has recruited Sergiu Manea for a newly created position of executive vice-president for investment banking at Romanian BCR, and the appointment is awaiting the central bank’s more

12 ian 2012

The Bucharest bourse was up in early Thursday session, on higher traded values, with investors focusing mainly on investment funds. more

12 ian 2012

The Romanian leu opened Thursday on a strengthening path against the euro, in line with the positive sentiment in other markets in the region. more

12 ian 2012

The Romanian unit of Israeli dairy maker Tnuva, the company's only expansion outside Israel, was backed by a total investment of EUR55 million, and it leaves behind a plant, a cattle farm, eight-digit more

11 ian 2012

Dairy maker Tnuva Romania’s bid for insolvency was postponed Tuesday, and the court will rule in the matter on February 21, a deadline by which the company may be foreclosed for debts worth more more

11 ian 2012

The Laguna Residence project in Bucharest, owned by Spanish Gea International Development, was put on sale through public auction, at a starting price of EUR24.6 million. more

11 ian 2012

The Bucharest bourse closed undecided Wednesday, on improved traded values, partially fueled by deal market trades with BRD-Groupe Societe Generale (BRD.RO) shares. more

11 ian 2012

Two stakes in Romanian lender BRD-Groupe Societe Generale (BRD.RO) were sold Wednesday on the Bucharest Stock Exchange’s deal market for a total 10.9 million lei (EUR2.5 million). more

10 ian 2012

Raiffeisen Bank International will fund the Promenada Mall project in northern Bucharest with EUR95.5 million, according to Raiffeisen evolution, developer of the shopping center. more

10 ian 2012

Dairy maker Tnuva Romania, part of Israeli group Tnuva, filed for insolvency on January 6, reportedly because of piling up losses. more

10 ian 2012

IT systems provider Siveco Romania on Tuesday reported sales of EUR67 million for 2011, up 11.7% from EUR60 million in the previous year. more

10 ian 2012

The Bucharest bourse closed undecided Tuesday, riddled with apathy, while the little action present focused on the main investment funds. more

10 ian 2012

Oil company MOL Romania on Tuesday said it will challenge in court the 80.27 million lei (EUR18.5 million) fine received from the Competition Council within a fuel market probe involving several oil more