10 sep 2013

The value of subsidies granted to Romanian farmers through the EU-funded single area payment scheme will increase this year and will continue to rise about EUR10 yearly, Raluca Daminescu, manager at more

10 sep 2013

Small investors subscribed 2.3 times more shares than they are offered at an initial public offering for 10% in state-run nuclear power producer Nuclearelectrica, and the sum allotted by players on more

10 sep 2013

The Romanian Chamber of Deputies Tuesday approved a bill allowing for stray dogs to be euthanized if they are not adopted in 14 days after being sent to pounds. more

9 sep 2013

South-African investment fund NEPI raised about EUR45 million through an accelerated book build which opened Monday, and the money will be used to develop shopping center Mega Mall in Bucharest and more

9 sep 2013

Canada’s Gabriel Resources, which holds 80.69% in a joint-venture developing the gold mining project in Rosia Montana, said Monday it will assess all possible actions, including legal proceedings, more

9 sep 2013

The combined net assets of Romanian open-end investment funds climbed 2.1% on the month to 10.711 billion lei (EUR2.3 billion) in August, data from the local Association of Asset Managers, or AAF, more

9 sep 2013

Small investors have subscribed in the first eight hours of trading some 86% of the share package they are offered at an initial public offering for 10% in state-run Nuclear power producer more

9 sep 2013

The only solution to the gold mining project in Rosia Montana, western Romania, is for the plan to be rejected with urgency by the Senate and the Chamber of Deputies and “that’s that,” Prime more

9 sep 2013

Brokerage house Tradeville set the 12-month target price for the shares of Romanian state-run nuclear power producer Nuclearelectrica, whose initial public offering for 10% of its shares has started more

6 sep 2013

Romanian chemical company Oltchim (OLT.RO) needs some EUR15 million for urgent technological investments, Economy Minister Varujan Vosganian said Friday, adding that the state-run company, which more

6 sep 2013

The Bucharest stock market closed down Friday with investors focusing mainly on four issuers. more

6 sep 2013

Law firms Salans (currently Dentons), David&Baias, Bulboaca&Asociatii, Florea&Asociatii and Bostina&Asociatii have filed bids to advise the state on the sale of its 45.99% stake in Romanian telecom more

6 sep 2013

Stefan Gheorghita, who has been running the Romanian operations of French certified seeds producer Caussade Semences over the past five years, will quit the company to focus only on his business, a more

6 sep 2013

Grain trader Alfred Toepfer International, controlled by U.S. corporation ADM, sees Romania’s corn production at about 10 million tons in 2013, 83% higher on the year. more

6 sep 2013

The Bucharest stock market was still lacking luster Friday morning as investors remained cautious and volumes were low. more

5 sep 2013

The Bucharest stock markets closed down Thursday for the third straight session amid still low volumes. more

5 sep 2013

Romania’s five regional investment funds (SIFs) plan to form a consortium to invest in state-run chemical company Oltchim after privatization, and propose a merger between the plant and Chimcomplex more

5 sep 2013

Romanian furniture maker Lemet invested 2.3 million lei (EUR0.51 million) in opening the largest store of its LEM’s network. more

5 sep 2013

Romanian cable maker Romcab Targu-Mures (MCAB.RO) wants to borrow EUR4 million from Volksbank to finance the construction of a warehouse. more

5 sep 2013

The Bucharest stock exchange opened undecided Thursday and the bourse’s liquidity was extremely low amid sluggish trade. more

5 sep 2013

Romania’s leu depreciated further against the euro Thursday morning and traded at about 4.47 units, while currencies in the region appreciated insignificantly versus the European currency. more

5 sep 2013

Real estate consulting firm CBRE Romania said Thursday it has entered the property management market and the first project it will manage is Sun Plaza, an 80,000-square meter shopping center in more

4 sep 2013

The Bucharest stock exchanged closed down Wednesday and the bourse’s liquidity was mainly generated by transfers with the shares of three issuers, Fondul Proprietatea (FP.RO), SIF Moldova (SIF2.RO) more

4 sep 2013

Romanian state-owned power grid operator Transelectrica (TEL.RO) might lay off 300-400 employees in the next four years as installations will be operated automatically and fewer workers will be more

4 sep 2013

Natural persons in Romania will not be allowed to own more than 100 hectares of unincorporated farmland, and EU citizens (including Romanians) must satisfy several conditions to get permission to buy more