16 iun 2011

The Bucharest bourse closed in red Thursday, influenced by the negative sentiment on the international markets, on worries about a Greek debt crisis spillover. more

16 iun 2011

Romania’s Constitutional Court on Thursday rejected an unconstitutionality claim filed by regional investment fund SIF Transilvania (SIF3.RO) against the 1% limit applied to the stakes of its more

16 iun 2011

Romanian telecom operator RCS&RDS switched to an undisclosed loss in 2010, after posting a net profit of 211.83 million lei (EUR50.33 million) in 2009, according to financial reports approved by more

16 iun 2011

Romania’s cement output rose 13% on the year in the first quarter, to 798,000 tons, Thursday said Mihai Rohan, president of cement maker association CIROM. more

16 iun 2011

ING Bank Romania is under negotiations to move its central headquarters in Bucharest to a new location, after 17 years of using a historic building that has become too confined. more

16 iun 2011

The price of natural gas delivered to households will remain unchanged until March 2012, while prices for some of the industrial consumers will grow by up to 30%, people close to the matter told more

16 iun 2011

Buzau-based Total Electric plans to build a 15 MW wind farm in southeast Romania, in an investment estimated at EUR20.2 million. more

16 iun 2011

Six Romanian state-owned energy firms will lay off a total 1,480 employees this year, or 5% of their overall staff, in a bid to boost efficiency, according to a draft government decision of the more

16 iun 2011

The Romanian leu opened visibly weaker against the euro Thursday, on a negative international sentiment amid the Greek debt crisis. more

16 iun 2011

The Bucharest bourse opened on a downward trend Thursday, with chemical company Oltchim (OLT.RO) continuing its decline in the previous session, erasing part of the gains made in the past month. more

15 iun 2011

The Bucharest bourse closed Wednesday with a moderate decline, while the latest gainers chart-topper Oltchim (OLT.RO) registered a 3.3% recoil. more

15 iun 2011

Czech logistics projects developer PointPark Properties appointed Stefan Gheorghiu as country manager leading the company’s newly formed Romania office starting June 1. more

15 iun 2011

CEZ Romania, the local unit of Czech utilities group CEZ, will invest EUR29.9 million in the rehabilitation of micro-hydropower plants bought last year from smelter TMK-Resita. more

15 iun 2011

Romania’s installed wind power capacity might reach 1,000 MW by the end of the year, double the level seen in December 2010, despite investor walkouts based on “the legislative chaos”, wind more

15 iun 2011

Retail group Inditex rented 3,700 square meters in Romanian shopping center Galleria Arad, where it will bring brands such as Zara, Bershka, Pull & Bear and Stradivarius. more

15 iun 2011

The Romanian district heating system needs EUR5 billion investment over the next 10 years in order to increase its efficiency, but local authorities cannot cover this amount, which means private more

15 iun 2011

Real estate investment activity in Bucharest and Budapest should increase towards the end of the year, according to a report compiled in June by real estate consultants CB Richard Ellis. more

15 iun 2011

Romanian private healthcare operator Reteaua de Sanatate Regina Maria on Wednesday launched a clinic in Bucharest shopping center Sun Plaza, following an investment of EUR1.7 million. more

15 iun 2011

City of London Investment Management Company Limited holds a 5.85% stake in investment fund Fondul Proprietatea (FP.RO), including stocks and warrants issued by UniCredit Bank. more

15 iun 2011

The leu opened almost flat against the euro Wednesday, in line with the trend seen by other currencies in the region as well. more

15 iun 2011

The Bucharest bourse opened Wednesday on an oscillating trend, with Oltchim (OLT.RO) still on the rise, while volumes in the market were low. more

14 iun 2011

The Bucharest bourse closed Tuesday on an upward trend, while energy companies such as Rompetrol Rafinare (RRC.RO) posted wide declines, after soaring in previous sessions. more

14 iun 2011

Bucharest’s Magheru Boulevard posted some of the greatest declines in high street retail rents over the past several years among Europe, Middle East and Africa (EMEA) states, ranking 55 of 117 on a more

14 iun 2011

Thermal power producer CE Rovinari on Monday evening started its desulfurization installation, the first installation of its kind nationwide, following an investment of EUR60 million. more

14 iun 2011

The leu opened Tuesday slightly weaker against the euro and maintained this level, with minor oscillation, on low traded volumes. more