3 apr 2014

The Romanian leu depreciated against the euro in the first half of the trading session Thursday and the central bank’s reference retreated for the fourth consecutive day to 4.4726 units, from 4.467 more

3 apr 2014

Romanian retail sales rose 8.7% in February from the year-earlier month, the third largest increase in the European Union, official data showed Thursday. more

2 apr 2014

Romania’s leu edged lower against the euro Wednesday to finish the session just below 4.47 units, amid very low volumes. more

2 apr 2014

Lukerg Renew, a joint venture between Russia's Lukoil and Italian energy group ERG, will borrow EUR67 million to finance a 70-megawatt wind farm in eastern Romania, ERG said in a statement Wednesday. more

2 apr 2014

The Romanian leu was stable against euro by midday Wednesday and the central bank’s reference weakened for the third straight day to 4.467 units, from 4.4629 units in the previous session. more

2 apr 2014

Alpha Bank Romania’s chief said Wednesday bankers need stronger financial discipline principles so feasible customers are not passed over because of the “unhealthy” practices of some companies more

2 apr 2014

Romania’s largest oil company OMV Petrom (SNP.RO) has completed an investment of around EUR18 million in upgrading its fuel terminal in the northeastern city of Bacau, the company said Wednesday. more

2 apr 2014

Romanian adjusted retail sales rose 1.3% in February from the earlier month, on higher sales in most sectors, the statistics institute INS said Wednesday. more

2 apr 2014

Romania’s industrial producer price index inched down 0.2% on average in February compared with a month earlier, on lower prices in most sectors, the country’s statistics institute INS said more

2 apr 2014

Romania’s economy grew slightly faster than previously thought in the fourth quarter of last year, reflecting improved consumer spending and better contributions from constructions and retail, more

1 apr 2014

The Romanian government is facing mounting pressures to relax fiscal policies and slow down reforms ahead of the presidential elections in November, the International Monetary Fund said in a report more

1 apr 2014

The International Monetary Fund on Tuesday said Romania should probably wait at least until next year to lower the level of social security contributions, but expressed its openness to earlier more

1 apr 2014

The Bucharest shares inched up in thin volumes Tuesday with the composite BET-C ending a two-day losing streak to finish the session 0.41% higher. more

1 apr 2014

Romania’s planned exemption on its recently introduced excise tax on fuels must be compensated by “strong measures” that will offset the resulting fiscal gap, an official with the International more

1 apr 2014

Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, estimates its net profit will rise over five-fold on the year to 64.5 million lei (EUR14.4 million) in 2014, more

1 apr 2014

Romanian lender Banca Transilvania (TLV.RO) estimates its pretax profit will rise 16% to 512 million lei (EUR114.7 million) in 2014, helped by a 7% increase in operating income and a slowdown in cost more

1 apr 2014

Romanian foreign exchange reserves fell to EUR31.27 billion in March, from EUR31.65 billion a month earlier, central bank data showed Tuesday. more

1 apr 2014

Romania’s insolvent energy producer Hidroelectrica plans to sell 1.27 terawatt-hours of electricity on the local energy exchange OPCOM in a bid to raise 204.86 million lei (EUR46 million), according more

1 apr 2014

The Romanian leu traded in a tight range against the euro in the first half of the session Tuesday and the central bank’s reference lost 0.17% to 4.4629 units, from 4.4553 units in the previous day. more

1 apr 2014

Piraeus Bank Romania, a unit of Greece’s second-largest lender Piraeus Bank, reported a 16% increase in its assets to over EUR2 billion in 2013, the bank said in a statement Tuesday. more

31 mar 2014

Romanian investment fund Fondul Proprietatea (FP.RO) has launched a legal action to stop nuclear power company Nuclearelectrica (SNN.RO) from co-financing two state-funded energy projects. more

31 mar 2014

Romania’s regional investment fund SIF Transilvania (SIF3.RO) estimates its net profit will fall to 50.8 million lei (EUR11.1 million) in 2014, from RON189.6 million a year earlier, on lower sales more

31 mar 2014

The Bucharest stock market closed mixed Monday as the composite BET-C fell for a second straight day, but the BET-FI continued to gain thrust, supported by alert trading with Fondul Proprietatea more

31 mar 2014

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, expects its net profit will fall to 12.6 million lei (EUR2.82 million) this year, its weakest result since more

31 mar 2014

Overall trade value at the Bucharest Stock Exchange rose 2.4% on the year to 15.05 billion lei (EUR2.88 billion) in 2013, with non-resident trading accounting for 46% of total, stock exchange data more