27 nov 2014

Cement production and sale, notarial services, freight and passenger transportation and the wholesale of liquefied petroleum gas (LPG) for gas-powered stoves are the markets most inclined to antitrust more

26 nov 2014

Romanian insurer Allianz-Tiriac Asigurari underwrote premiums of RON729.7 million on the general and life insurance segment in the first nine months of 2014, up 8% on the year, while its operating more

26 nov 2014

Banca Transilvania (TLV.RO), the third largest bank in Romania, Wednesday said it is negotiating the acquisition of the Romanian subsidiary of Austrian group Volksbank. more

25 nov 2014

More than 500.000 square meters of office space in Romania’s capital Bucharest currently are in various stages of planning, accounting for nearly 25% of the current office stock, according to DTZ more

25 nov 2014

Romanian private lending went up a mere 0.1% on the month in real terms in October, after a 0.3% decline in September, central bank data showed Tuesday. more

25 nov 2014

MedLife, Romania's largest private medical services provider, targets a 25% growth in sales revenue next year, above the EUR100 million mark, and plans to invest over EUR10 million acquiring stakes in more

24 nov 2014

Romania’s Finance Ministry on Monday raised a planned 300 million lei (EUR67.7 million) in a reopening of its seven-year bond due April 2020, with the average yield falling to 2.93% a year, the more

24 nov 2014

South-African investment fund New Europe Property Investment (NEPI) has raised around EUR150 million in a capital hike to fund its acquisition of the Promenada shopping mall in Bucharest and other more

20 nov 2014

Economic growth in the Central and Eastern Europe was surprisingly strong in the third quarter, Euler Hermes said in its latest Weekly Export Risk Outlook report. more

20 nov 2014

Romania’s government needs to show the International Monetary Fund the resources to cover a budget revenue gap of 15 to 17 billion lei (3.4-3.8 billion euros) next year, according to Ionut Dumitru, more

20 nov 2014

The Centrofarm drugstore chain has paid its debt to pharmaceutical distributor Mediplus and the distributor has withdrawn its insolvency claim Thursday, A&D Pharma PR manager Veronica Dobre told more

20 nov 2014

Romania’s Finance Ministry on Thursday raised a planned 500 million lei (EUR113 million) at a three-year bond auction, at an average yield of 2.39%, lower than at the previous sale. more

19 nov 2014

A joint delegation of the International Monetary Fund and the European Commission will visit Romania at the start of December to discuss with the local authorities the draft of the country’s budget more

19 nov 2014

Romanian construction output fell 11.3% on the year in the third quarter, the sharpest decline in the European Union, compared with a 0.4% drop in the EU28, according to the EU's statistics office more

19 nov 2014

Romania has escaped the fear of the leu’s depreciation, says central bank governor Mugur Isarescu, pointing out the national currency was largely unmoved even during the elections campaign. more

19 nov 2014

The European Bank for Reconstruction and Development (EBRD) on Wednesday said it acquired a 4.99% stake in the Bucharest Stock Exchange, proving its support for Romania’s comprehensive efforts to more

19 nov 2014

Romania’s leu was stable against the euro in early session Wednesday, amid low traded volumes. more

17 nov 2014

The Bucharest stock exchange closed higher Monday after quiet session in the aftermath of the second round of presidential elections in Romania. more

17 nov 2014

The Romanian leu extended its earlier gains versus the euro by midday Monday and the central bank’s reference won 0.07% to 4.4243 units, in calm trade, unaffected by Sunday’s presidential more

17 nov 2014

The results of presidential elections in Romania could determine a long period of political quarrel, Standard & Poor’s said in a note Monday, adding the outcome has no immediate effect on the more

17 nov 2014

Romania’s Finance Ministry Monday sold a planned 200 million lei (EUR45.2 million) of state paper in a reopening of its 15-year bond due July 2027, at an average yield of 4.21%, lower than at the more

17 nov 2014

Klaus Iohannis won Romanian presidential election, with 54.50% of the ballots cast, after 99.07% of the votes were counted, while Victor Ponta won 45.49% of the vote, according to Central Electoral more

14 nov 2014

Romanian nuclear power producer Nuclearelectrica (SNN.RO) has seen its net profit fall 68% in the first nine months of the year due to lower energy prices and the tax on special constructions. more

14 nov 2014

Romania’s state-run power grid operator Transelectrica (TEL.RO) Friday reported a net profit of 303 million lei (EUR68.5 million) for the first nine months, a marked improvement from RON132 million more

14 nov 2014

Romanian aluminum smelter Alro Slatina (ALR.RO), a subsidiary of Dutch-registered holding Vimetco, turned to losses in the first nine months, on lower international prices and energy costs, despite an more