1 apr 2015

Domestic consumption is expected to fuel yet another year of growth, and the Romanian economy is expected to advance 2.8% in 2015, after a similar increase in the year before. more

1 apr 2015

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3 sep 2014

Romanian housing construction rose 4.3% to 17,582 units in the first half from the year-earlier period, on rising investment in urban areas, the country’s statistics institute INS said Wednesday. more

3 sep 2014

Romanian first-half net investments fell 9.1% to 25.18 billion lei (EUR5.71 billion) from the year-earlier period, on declining activity in construction and machinery and equipment, the country’s more

3 sep 2014

Romania’s economy contracted for the second consecutive quarter in the April-June period, driven by poor performance in constructions, industry and an unexpected fall in retail trade, official data more

22 aug 2014

The Romanian leu inched higher against the euro in thin volumes Friday to finish the session 0.1% stronger at 4.4078 units, from 4.4125 units a day earlier. more

22 aug 2014

The Romanian leu lost part of its earlier gains versus the euro by midday Friday, but central bank’s reference strengthened slightly to 4.4109 units, from 4.4147 units a day earlier. more

22 aug 2014

Romania’s Finance Ministry on Friday raised a planned 45 million lei (EUR10.2 million) at a supplementary non-competitive tender for its August 2016-dated bond reopened yesterday. more

20 aug 2014

The Romanian leu rose versus the euro Wednesday, extending yesterday’s gains amid increased appetite from investors. more

20 aug 2014

Romania has harvested a record rape crop this year, of roughly 1.1 million tons, despite poor weather conditions in the second quarter, Agriculture Minister Daniel Contantin said Wednesday. more

20 aug 2014

Bank of Cyprus on Wednesday said it has signed an agreement to sell its assets related to Societatea Companiilor Hoteliere Grand SRL, a company incorporated in Romania and owner of the JW Marriott more

20 aug 2014

The Romanian leu extended its earlier gains versus the euro by midday Wednesday and the central bank’s reference won 0.2% to 4.4244 units, the strongest rate this month. more

20 aug 2014

Dutch brewer Heineken NV Wednesday said its beer volumes in Romania declined in the high-single digits in the first six months of 2014 from a year earlier, hurt by weak market demand and poor weather. more

19 aug 2014

Romania’s leu strengthened slightly against the euro in a quiet market Tuesday to finish the session at 4.4285 units, from 4.4335 units a day earlier. more

19 aug 2014

The Romanian leu traded slightly above 4.4 to the euro in the first half of the session Tuesday and the central bank’s reference firmed modestly to 4.4333 units, from 4.4362 units a day earlier. more

19 aug 2014

Romania’s Finance Ministry on Tuesday raised a planned 45 million lei (EUR10.1 million) at a supplementary non-competitive tender for its June 2021-dated bond reopened yesterday. more

19 aug 2014

Macroeconomic and credit risks are among the biggest concerns for Romanian bankers, while excessive regulation tops the list of worries for international lenders, according to a survey from the Centre more

18 aug 2014

Romania’s 2019 euro-adoption target should be enclosed in a law adopted by the parliament so that the necessary reforms to join the euro area would not be affected by political changes, central bank more

18 aug 2014

Romania’s leu closed marginally stronger against the euro after a quiet session Monday, while its peers in the region gained up to 0.4% versus the European common currency. more

18 aug 2014

Romanian new passenger car sales rose 32.7% to 47,857 units in the January-July period, from 36,069 units a year earlier, the Automotive Manufacturers and Importers Association, or APIA, said Monday. more

18 aug 2014

Romania’s Economy Minister Constantin Nita on Monday said the local economy remains “on a positive path” despite having contracted for two consecutive quarters. more

18 aug 2014

Romania’s Finance Ministry on Monday raised a planned 300 million lei (EUR67.6 million) in a reopening of its 10-year bond due June 2021, at an average of 4.14% a year, slightly higher than at the more

18 aug 2014

The Romanian leu showed little movement against the euro by midday Monday and the central bank set a reference rate for the local currency of 4.4362 units, little changed from 4.4372 units in the more

18 aug 2014

Romanian insolvent power producer Hidroelectrica posted a pretax profit of 600 million lei (EUR135.2 million) in the first seven months of 2014 and expects record earnings of over RON1 billion for the more

14 aug 2014

Romanian car parts maker Altur Slatina (ALT.RO) Thursday said its first-half loss narrowed 14.5% to 2.97 million lei (EUR0.67 million), largely due to lower costs with raw materials. more