29 oct 2013

Romania is the world’s 11th largest wine producer considering this year’s yield, according to the International Organization of Vine and Wine (OIV). more

29 oct 2013

Romania fell one spot and is ranked 73rd in the World Bank’s Doing Business 2014 report, which analyzes the ease of running a business in 189 countries. more

29 oct 2013

The Romanian unit of Gras Savoye, one of the world’s largest insurance brokers, has appointed Anca Roscaneanu as general manager. more

29 oct 2013

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28 oct 2013

Romania's second budget revision this year will raise the deficit to 2.5% of the gross domestic product, from 2.3% of the GDP as estimated previously, people close to the matter told Mediafax Monday. more

28 oct 2013

Romanian state-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) registered gross profit of 250.4 million lei (EUR56.7 million) in the first nine months of 2013, 8.3 times more

28 oct 2013

Immofinanz, NEPI, CA Immo, RREEF, IGD, Argo Real Estate and Globalworth have been the most active real estate investors in Romania over the past ten years with transactions worth EUR2.4 billion, or more

28 oct 2013

The Bucharest stock exchange opened down Monday, unlike the main European markets, and the bourse’s liquidity amounted to only 2 million lei (EUR0.45 million), with RON1.5 million secured by more

28 oct 2013

Romanian state-run nuclear power producer Nuclearelectrica Sunday afternoon shut down reactor 1 at its nuclear power plant in Cernavoda due to a command and control system malfunction. more

28 oct 2013

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27 oct 2013

Romanian state-run nuclear power producer Nuclearelectrica Saturday restarted the second reactor at its nuclear power plant in Cernavoda after transformer overhaul. more

27 oct 2013

The shareholders of Romania’s monetary and commodities exchange Sibex replaced three of the five members of the Executive Board, people close to the matter said Sunday. more

27 oct 2013

Toshiba Transmission and Distribution, a subsidiary of Japanese corporation Toshiba, is building two photovoltaic parks in Brasov county, central Romania, for Luxembourg-based Energreen Investment more

26 oct 2013

Romania’s consolidated budget posted a deficit of 8.1 billion lei (EUR1.81 billion) in the first nine months of 2013, equal to 1.3% of the gross domestic product, Finance Ministry data showed more

25 oct 2013

Romanian regional investment fund SIF Transilvania (SIF3.RO) registered 20% higher revenues in the first nine months of 2013, of 342.09 million lei (EUR77.6 million), and the increase was fueled by more

25 oct 2013

The Bucharest stock exchange closed up 0.16% Friday and its top-trade issuers, Erste Group Bank (EBS.RO) and regional investment fund SIF Oltenia (SIF5.RO), secured half of the bourse’s liquidity, more

25 oct 2013

Romania’s Government decided Friday the country will contribute over EUR8.1 million to the operational programs carried out by the European Space Agency (ESA). more

25 oct 2013

Romania will be able to attract investors provided it creates the right environment, as being part of the European Union is not enough, U.S. expert on transatlantic economy Joseph Quinlan said Friday. more

25 oct 2013

Romania’s Government will revise down the state budget for 2013 at this year’s second revision scheduled for end-October, as revenues are 3.8 billion lei (EUR0.85 million) lower than expected, more

25 oct 2013

Small retail investors have subscribed 0.5% more shares than they are offered at an initial public offering for 15% of Romanian state-run natural gas producer Romgaz. more

25 oct 2013

Romania’s Government will seek a confidence vote in Parliament in mid-November to pass a bill on the decentralization of public administration, Prime Minister Victor Ponta said Friday. more

24 oct 2013

Romania will revise down its state budget for 2013 at this year's second budget revision, which is scheduled for end-October, Prime Minister Victor Ponta said Thursday. more

24 oct 2013

Transavia, the largest poultry meat producer in Romania, reached full development and may further expand only through acquisitions or investments started from scratch, Ioan Popa, owner and general more

24 oct 2013

The Bucharest Stock Exchange extended trading hours for an initial public offering for 15% in state-run natural gas producer Romgaz at the request of lender Banca Comerciala Romana (BCR), part of the more

24 oct 2013

The Bucharest stock exchange closed up 0.67% Thursday and a 10.67 million lei (EUR2.4 million) deal with 3.2% of the shares of medical drug producer Biofarm (BIO.RO) lifted the bourse’s turnover to more