24 oct 2011

The Bucharest Stock Exchange opened Monday with an increase, on moderate traded values, while players were focusing mainly on Fondul Proprietatea (FP.RO) and issuers active on the financial segment. more

24 oct 2011

The leu opened Monday slightly weaker against the euro, as players expect European leaders to come up with a solution to the economic crisis within the next several days. more

21 oct 2011

The management of Romanian state-owned hydropower producer Hidroelectrica on Friday said that none of the bilateral contracts it has concluded to sell electricity, including the ones with Alro more

21 oct 2011

Austrian group Lasselsberger will discuss late-October whether it sues the managing board of Romanian ceramic tiles maker Sanex, a firm it controls. more

21 oct 2011

The Bucharest bourse closed up Friday, lifted by a rally in the last part of the session, as U.S. markets opened higher on hopes the European leaders will find a solution this weekend to fight the more

21 oct 2011

Enel Green Power, the renewable energy division of Italian utility Enel, obtained financing of EUR112 million from the Danish government's Export Credit Agency (EKF) to invest in wind farm projects in more

21 oct 2011

French group Sofiproteol on Friday informed Romanian Prime Minister Emil Boc that it plans to invest EUR10 million this year in technological upgrades at the two plants it owns in the Eastern European more

21 oct 2011

Romanian oil and gas company OMV Petrom (SNP.RO) reported a 15% rise in third quarter natural gas sales, to 840 million cubic meters, from 730 million cubic meters in the same interval of 2010, but more

20 oct 2011

The Bucharest bourse closed down Thursday, but the five regional investment funds, or SIFs, ended in green territory, after a session in which investment fund Fondul Proprietatea (FP.RO) once again more

20 oct 2011

The minority shareholders of pipe maker Zimtub (ZIM.RO) who disagree with delisting can sell their shares for 3.9647 lei (EUR0.915), a price that is 58% higher than the latest closing on the Bucharest more

20 oct 2011

Romanian agriculture machinery maker Ruris expects the local machinery market to rise by some 10% this year, to some EUR60 million, from EUR54 million in 2010. more

20 oct 2011

China Gezhouba Group International Engineering, active in transport infrastructure, energy and tourism, expressed its intention of “firm” involvement in the construction of the Tarnita-Lapustesti more

20 oct 2011

Interprime Properties, part of furniture retailer IKEA, on Thursday said that by the end of the year it will have an architect for the real estate project it is planning on the former Timpuri Noi more

20 oct 2011

Romania dropped seven positions in the World Bank’s annual report Doing Business ranking 72nd among 183, mainly because it now asks for a tax clearance certificate for a new company’s more

20 oct 2011

The Bucharest bourse opened Thursday with a slight decline, on improved traded values, while investors were focusing mainly on the shares of lenders and Fondul Proprietatea (FP.RO). more

20 oct 2011

The leu opened Thursday slightly weaker against the euro and registered some insignificant oscillation in the beginning of the session, on low traded volumes. more

19 oct 2011

U.S. giant Microsoft will not buy mobile phones maker Nokia, mainly because it is a software company, Microsoft Romania chief executive officer Ronald Binkofski said Wednesday, adding this is his more

19 oct 2011

The Bucharest bourse closed up Wednesday, but the activity was again extremely low, and three quarters of the overall traded value came from transactions in investment fund Fondul Proprietatea more

19 oct 2011

Private equity fund Polish Enterprise Fund (PEF) VI on Wednesday said it will add EUR10 million to the share capital of Romanian company Profi Rom Food, for investment in the expansion of the Profi more

19 oct 2011

Romanian nuclear power plant operator Nuclearelectrica on Wednesday signed an agreement with China Guangdong Nuclear Power Group, allowing the Chinese company to view the literature on the more

19 oct 2011

The only trend seen by energy prices is upwards, but mechanisms need to be found to protect vulnerable consumers, Eric Stab, country manager for Romania within GDF Suez, said Wednesday. more

19 oct 2011

Romanian lender Banca Transilvania (TLV.RO) has earmarked large amounts for investment in IT&C, but it has not managed to achieve its goal of replacing paper, Tiberiu Moisa, the bank's executive more

19 oct 2011

The increase in diesel fuel prices comes from increased demand for this product, as Romania produces less of this fuel than it consumes, Wednesday said Mariana Gheorghe, chief executive officer of oil more

19 oct 2011

The European Bank for Reconstruction and Development recently bought a minority stake, for EUR3 million, in Bulgarian firm CallPoint New Europe, which has call center operations in Romania as well. more

19 oct 2011

Romanian construction materials maker Prefab Bucuresti (PREH.RO) plans to contract bank loans worth up to a total EUR20 million, to support production this year and the investments planned for more