8 apr 2014

The Romanian leu appreciated slightly against the euro by midday Tuesdays and the central bank’s reference strengthened to 4.4561 units, from 4.463 units a day earlier. more

8 apr 2014

E.ON Romania, a unit of Germany’s utility E.ON, has paid the Romanian government EUR31.5 million for a batch of shares in its local units E.ON Energie Romania and E.ON Moldova Distributie, the more

8 apr 2014

Germany’s utility E.ON gave up plans to co-finance the construction of an 800-megawatt thermal power plant in eastern Romania because of adverse market conditions, the head of E.ON Romania said more

8 apr 2014

E.ON Romania, a unit of German utility E.ON, on Tuesday said its consolidated sales declined 10.5% on the year to 4.65 billion lei (EUR1.05 billion) in 2013, largely due to lower gas and power more

8 apr 2014

Romania’s Finance Ministry on Tuesday raised 14.1 million lei (EUR3.16 million) at a supplementary non-competitive tender for its April 2023-dated bond reopened yesterday. more

7 apr 2014

Romania’s leu retreated slightly against the euro in a quiet session Monday, tracking the currencies in the region amid weak investor appetite. more

7 apr 2014

The Romanian leu moved in a tight range against the euro by midday Monday and the central bank’s reference weakened modestly to 4.463 units, from 4.4603 units in the previous session. more

7 apr 2014

Romania’s Finance Ministry on Monday raised a planned 200 million lei (EUR44.8 million) in a reopening of its 10-year bond due April 2023, at an average yield of 5.26% a year, modestly lower than at more

7 apr 2014

Romania’s largest lender Banca Comerciala Romana, or BCR, has extended leu-denominated consumer loans exceeding 1.5 billion lei (EUR336 million) in 2013, the bank said in a statement Monday. more

4 apr 2014

Romania’s Finance Ministry will tap bond markets in the next two weeks for the second time this year, bank sources said Friday. more

4 apr 2014

The Bucharest shares posted small gains in thin volumes Friday, amid a quiet market. more

4 apr 2014

Romania’s insolvent energy producer Hidroelectrica on Friday sold electricity worth 58.46 million lei (EUR13.1 million) on the local power exchange OPCOM, exchange data showed. more

4 apr 2014

Romanian Rompetrol Rafinare (RRC.RO), the refining unit of the country's second-largest oil group KMG International, expects its loss will narrow 35.4% on the year to $63.92 million in 2014, on higher more

4 apr 2014

Romanian lenders Banca Comerciala Romana (BCR), BRD-Groupe SocieteGenerale, Raiffeisen Bank and UniCredit Tiriac Bank on Friday announced plans to set up the first banking employers’ association in more

4 apr 2014

Raiffeisen Bank Romania last week approved plans to launch a bond issue of up to 500 million lei (EUR112 million) this year, according to a shareholder decision presented Friday. more

4 apr 2014

Romania’s UniCredit Tiriac Bank plans to acquire 99.99% in sister company UniCredit Leasing Romania for 66.87 million lei (about EUR15 million). more

4 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 June 2017-dated bond reopened yesterday. more

4 apr 2014

The Romanian leu advanced against the euro by midday Friday and the central bank’s reference strengthened 0.3% to 4.4603 units, ending a losing streak started at the beginning of the week. more

4 apr 2014

ProCredit Bank Romania plans to launch an unsecured corporate bond in a bid to raise 110 million lei (EUR24.6 million), the lender said Friday. more

3 apr 2014

Raiffeisen Bank Romania, a unit of Austria’s Raiffeisen Bank International AG, on Thursday proposed paying out its shareholders a total dividend of 264 million lei (EUR59 million) from the 2013 more

3 apr 2014

The Bucharest shares closed slightly higher Thursday, extending the rally started at the beginning of the week to a third day. more

3 apr 2014

Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) plans to open four new offices aboard, in Angola, Egypt, Kenya and Namibia, the company said Thursday. more

3 apr 2014

Austria’s Volksbank AG has booked provisions of EUR62 million for anticipated losses on the planned sale of its Romanian subsidiary, the Austrian lender said in a report Thursday. more

3 apr 2014

KMG International NV, a unit of Kazakhstan’s state-run KazMunayGas, will reassess its investment plans in Ukraine and Turkey, following recent political and social developments in the two countries, more

3 apr 2014

Romania’s Finance Ministry sold debt worth 1.5 billion lei (EUR335 million) at two auctions Thursday, in line with its initial target, at slightly higher yields than at the previous tenders. more