13 aug 2015

Romanian foreign direct investment, or FDI, rose to 1.66 billion euros in the first six months, from EUR1.19 billion in the same period of 2014, data from the central bank showed Thursday. more

13 aug 2015

Romanian pharmaceutical producer Biofarm (BIO.RO) Thursday reported a first-half net profit of 15 million lei (EUR3.4 million), slightly up from RON14.7 million in the year-earlier period. more

13 aug 2015

Romanian natural gas transmission company Transgaz (TGN.RO) Thursday reported a 9% in its net profit for the first half, mostly due to a significant reduction of expenditure. more

12 aug 2015

Shareholders of Romanian energy producer Vest-Energo (VESE.RO), owner of CET Militari, have approved a decision to contract a loan of EUR8.5 million which will be used entirely for investments in two more

12 aug 2015

Romania’s construction sector stayed on a positive trend in June, concluding the best half for the industry in recent years. more

12 aug 2015

OMV Petrom, Romania’s largest oil and gas company, Wednesday reported a net profit of 691 million lei (EUR155.6 million) for the second quarter of the year, more than doubled from RON312 million in more

11 aug 2015

The operating profit of Czech utility CEZ in Romania dropped 14% in the first half of the year, to CZK1.8 billion (EUR65.5 million), due to the negative effect of the suspension of green certificate more

11 aug 2015

Romania’s industrial production rose 3.1% in the first half against the same period of 2014, due to higher output in the manufacturing sector, the country’s statistics institute INS said Tuesday. more

11 aug 2015

Romanian electricity output rose 1.6% on the year to 31.48 billion kilowatt-hours in the first six months of 2015, fueled by higher production of renewable energy, official data showed Tuesday. more

11 aug 2015

Romanian consumer prices extended their decline in July, after a major cut in the month before provoked by the reduction of the value added tax rate for food products. more

10 aug 2015

Romanian lender Banca Transilvania (TLV.RO) Monday posted a net profit of 190.2 million lei (EUR43 million) for the first half of the year, up 5.1% from the same period of 2014. more

10 aug 2015

Romania’s Finance Ministry on Monday raised a lower-than-planned 249.4 million lei (EUR56.5 million) in a reopening of a ten-year bond due June 2021, with the average yield rising to 3.26% a year. more

10 aug 2015

Romania’s imports grew more quickly than exports in the first half of the year and the country’s trade deficit widened to 3.29 billion euros, the statistics office INS said Monday. more

7 aug 2015

Romania’s largest lender BCR, a unit of Austria’s Erste Group Bank (EBS.RO), posted a net profit of RON603.4 million (EUR135.7 million) in the first half of the year, from a loss of RON276 million more

7 aug 2015

Romanian industrial sales rose 1.9% in the first six months of the year compared with same period of 2014, supported by the manufacturing industry performance, data released by the statistics more

7 aug 2015

Romania’s industrial sector received more orders in the first half of the year compared with the same period of 2014, after a recovery in June, data released by the country’s statistics institute more

6 aug 2015

Romania’s Finance Ministry sold a planned 300 million lei (EUR68 million) at a three-year bond auction Thursday, with the average yield falling below 2%. more

6 aug 2015

Romania’s central bank cut down its inflation forecast for the end of 2015 to minus 0.3%, as it predicts the annual inflation rate will stay in negative territory over the next three quarters. more

6 aug 2015

The average salary in Romania rose 0.7% in June to 1,818 lei (around 400 euros) from RON1,806 in the previous month, data from the statistics office showed Thursday. more

5 aug 2015

ING Bank Romania reported a 6% lower net profit for the first six months, while both its loan portfolio and attracted deposits posted significant gains, the lender said in a statement Wednesday. more

5 aug 2015

Romanian second largest lender BRD-Groupe Societe Generale (BRD.RO) Wednesday reported a net profit of 270 million lei (EUR60.8 million) for the first half of the year, more than double compared with more

4 aug 2015

Romania’s economy is not threatened by deflation, despite expectations of a negative inflation rate over the next three quarters, as consumption is increasing while new wage increase may even bring more

4 aug 2015

Private equity firm Mid Europa Partners, focused on investments in Central and Eastern Europe and Turkey, has bought medical service provider Regina Maria, for an undisclosed amount, in a transaction more

4 aug 2015

Romania’s central bank cut its forecast on the inflation rate from “close to zero” to staying in negative territory over the next three quarters. more

4 aug 2015

Parcel delivery firm Urgent Cargus posted 164.2 million lei (EUR37 million) revenue in the first half, up 21% compared with a year before, mainly driven by the online commerce, the company said in a more