14 mar 2012

Private managers will firstly be installed at state-run companies Oltchim (OLT.RO), Romarm and Hidroelectrica, and then to Electrica Furnizare, Economy Minister Lucian Bode said Wednesday after a more

14 mar 2012

Romania’s Economy Ministry has once again extended, to September 15, the deadline by which companies can bid for the development of reactors 3 and 4 at the country's sole nuclear power plant in more

14 mar 2012

The Romanian leu opened Wednesday at 4.363/4.364 to the euro, similar to previous session's closing levels, on low traded volumes, while other currencies in the region were losing ground. more

14 mar 2012

The Bucharest bourse opened Wednesday in the green, on low traded volumes, while state-owned power grid operator Transelectrica (TEL.RO) currently unfolding a secondary public offering, was down more

14 mar 2012

Romanian state-owned medicine maker Antibiotice Iasi (ATB.RO) expects pretax profit to reach 29.9 million lei (EUR6.86 million) this year, up 13% from RON26.4 million in the previous year, according more

13 mar 2012

Sibiu is Romania’s cheapest city in terms of office rental, averaging EUR9-11 per square meter, compared to EUR19.5/sqm in Bucharest, according to a six-city study by realty advisors CB Richard more

13 mar 2012

European Union energy regulator cooperation agency ACER on Tuesday announced the appointment of Razvan Nicolescu as vice-president of the board, as well as the reappointment of Piotr Wozniak as more

13 mar 2012

The Bucharest bourse closed Tuesday in the green, on low traded values, with half of the turnover coming from transactions in investment fund Fondul Proprietatea (FP.RO). more

13 mar 2012

Leadership Development Solutions, the head-hunters recruiting a general manager for Bucharest bourse operator BVB (BVB.RO), are targeting knowledgeable Romanian expats willing to pitch the stock more

13 mar 2012

The Romanian leu posted minors variations against the euro in ealry trade Tuesday, on low transferred values, staying in line with the regional currencies' trend. more

13 mar 2012

The Bucharest bourse was up 1% in early trade Tuesday, recouping part of the strong decline in the previous session, but the transferred volumes were low. more

13 mar 2012

The shares of Romanian state-owned power grid operator Transelectrica (TEL.RO) were suspended from trading Monday morning, as authorities are about to approve the minimum and maximum prices used in more

12 mar 2012

State-owned power grid operator Transelectrica (TEL.RO) on Monday announced it will no longer buy electricity at regulated prices when covering network losses, and it will turn to the OPCOM energy more

12 mar 2012

Delia Nica, vice-president of retailer association AMRCR, left the management team of the Metro group to pursue activity in corporate communication and crisis management. more

12 mar 2012

Fund managers would buy stock in state-owned power grid operator Transelectrica (TEL.RO) if the state accepts a price 10%-15% below the market price, given that the company’s profitability is more

12 mar 2012

The Bucharest bourse closed Monday with a downward trend, on low traded volumes, with the bulk of activity focusing on investment fund Fondul Proprietatea (FP.RO). more

12 mar 2012

Romanian Network One Distribution (NOD, former Asesoft Distribution) Monday reported a turnover of EUR200 million for 2011, up 38% on the year. more

12 mar 2012

Two thirds of the some 1,200 employees at Romanian harbor operator Oil Terminal Constanta (OIL.RO) went on general strike Monday morning, claiming pay hikes, according to union leaders. more

12 mar 2012

Enel Green Power Romania, a subsidiary of Enel Green Power, on Monday announced the appointment of Francesco Lazzeri as general manager, replacing Carlo Pignoloni, whose three-year mandate ended. more

9 mar 2012

Financial analysts and stock brokers believe Romania’s economy will contract in the first quarter of the year, as Europe faces an economic slowdown and the bad weather last month took a toll on more

9 mar 2012

The Bucharest bourse closed Friday roughly flat on the day, but the five regional investment funds, or SIFs, dropped by more than 1.7% on average. more

9 mar 2012

The shares of Oltchim (OLT.RO) were up 4.9% in late trade Friday in Bucharest, after being suspended for six hours pending an announcement regarding the clearance of a state aid for the troubled more

9 mar 2012

Romanian Grup Servicii Petroliere (GSP) signed two contracts with Dutch Wintershall Noordzee, for drilling in the North Sea and a pipelay deal, the company said Friday in a news release. more

9 mar 2012

A 16% increase in public sector wages starting June would have an impact of 2 billion lei (EUR459 million) per year, Romania’s Finance Minister Bogdan Dragoi said Friday. more

9 mar 2012

The secondary public offering whereby Romanian authorities are planning to sell a 15% stake in power grid operator Transelectrica (TEL.RO) will have a minimum price and a maximum one, and it will be more