17 apr 2014

Romania’s second-largest bank BRD-Societe Generale (BRD) on Thursday said its factoring operations fell to EUR918 million in 2013 from over EUR1 billion a year earlier, amid declining activity on more

16 apr 2014

Romania’s weak revenue collections in the first months of the year will likely limit the scope for a reduction of the social security contributions, even though the fiscal measure would increase more

16 apr 2014

Romania’s economy will likely exceed its 2008 level for the first time this year, fueled by domestic demand and strong industrial output, according to estimates from Austrian lender Erste Group Bank more

16 apr 2014

Romania’s leu recovered against the euro in late trade Wednesday to finish the session flat at 4.4685/4.47 units, amid growing volumes. more

16 apr 2014

The Romanian leu weakened against the euro by midday Wednesday and the central bank’s reference depreciated to 4.4762 units, the lowest level in three weeks. more

16 apr 2014

Romania’s Finance Ministry on Tuesday raised EUR1.25 billion at a 10-year Eurobond sale in international markets, with the annual yield falling to a record low of 3.7% a year. more

15 apr 2014

Romanian investment fund Fondul Proprietatea Tuesday reported a loss of roughly 79 million lei (EUR19 million) for the first quarter, sharply wider from RON5.57 million in the year-earlier period. more

15 apr 2014

The Bucharest Stock Exchange will amend its trading hours to include the run-off or trading-at-last option, the market operator said in a statement Tuesday. more

15 apr 2014

Romania’s leu lost its earlier gains versus the euro in late trade Tuesday to finish the session at 4.468/4.4705 units, slightly weaker from 4.466/4.468 units in the previous day. more

15 apr 2014

The shareholders of Romanian regional fund SIF Muntenia (SIF4.RO) on Tuesday resolved not to distribute dividends from the 2013 net profit and to incorporate the earnings into the fund’s reserves. more

15 apr 2014

Romanian new passenger car sales rose 19.1% to 15,320 vehicles in the first quarter from the year-earlier period, the highest increase since 2007, the Automotive Manufacturers and Importers more

15 apr 2014

Romanian housing bank Raiffeisen Banca pentru Locuinţe (RBL) on Tuesday said its net profit tripled on the year to over 1.7 million lei (EUR0.38 million) in 2013, as revenues rose while costs more

15 apr 2014

The Romanian leu advanced modestly against the euro by midday Tuesday and the central bank’s reference appreciated to 4.4646 units, from 4.4695 units in the previous session. more

15 apr 2014

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) has decided not to pay a dividend on the 2013 net profit and replenish its reserves instead, the fund said Tuesday. more

15 apr 2014

Romania’s Finance Ministry on Tuesday raised a planned 75 million lei (EUR16.78 million) at a supplementary non-competitive tender for its June 2019-dated bond reopened yesterday. more

14 apr 2014

Romania’s leu weakened slightly against the euro in thin volumes Monday, with investors showing little interest in the local market. more

14 apr 2014

Romanian realty developer Impact Developer&Contractor (IMP.RO) plans to increase its share capital by 80 million lei (EUR17.9 million) to RON277.8 million via cash contribution from its shareholders, more

14 apr 2014

Romania’s Finance Ministry on Monday raised a planned 500 million lei (EUR111.87 million) in a reopening of its five-year bond due June 2019, at an average yield of 4.59% a year, slightly lower than more

14 apr 2014

The Romanian leu retreated against the euro by midday Monday and the central bank’s reference lost 0.17% on the day to 4.4695 units, amid a quiet market. more

14 apr 2014

Romania’s industrial production fell 1.3% on the month in February, the third largest decrease in the European Union, official data showed Monday. more

11 apr 2014

Romania’s leu edged lower against the euro in thin volumes Friday to finish the session at 4.4615/4.465 units, amid a quiet market. more

11 apr 2014

Romanian regional investment fund SIF Moldova (SIF2.RO) on Friday said its first-quarter net profit rose to 135.8 million lei (EUR30.43 million), from RON20 million in the year-earlier period, largely more

11 apr 2014

Romania’s Finance Ministry on Friday raised a planned 75 million lei (EUR16.8 million) at a supplementary non-competitive tender for its August 2016-dated bond reopened yesterday. more

11 apr 2014

The Romanian leu was stable against the euro by midday Friday, while the central bank’s reference weakened slightly to 4.462 units, from 4.4591 units a day earlier. more

11 apr 2014

South-African property investment fund New Europe Property Investments, or NEPI (NEP.RO), will distribute its stockholders new shares worth EUR23.51 million for the six months ended December 31, the more