26 aug 2013

Romanian oil and natural gas company OMV Petrom (SNP.RO) signed energy deals worth 39.4 million lei (about EUR9 million) on energy exchange OPCOM at the end of last week. The electricity is produced more

26 aug 2013

more

25 aug 2013

Norway’s Vard Holdings Limited will build a EUR100 million ship for Norwegian group Farstad Shipping and the hull will be constructed at a shipyard in Tulcea, southeastern Romania. more

25 aug 2013

The Romanian Liberal Party nominated MP Nini Sapunaru and MEP Ramona Manescu for the Transport portfolio and the propositions will be presented to Prime Minister Victor Ponta. more

25 aug 2013

Wage raises in the Romanian private sector slowed down this year to 4.6%, from 5.1% in 2012, but were above the inflation rate, according to this year's edition of the salary and benefits survey more

25 aug 2013

Cigarette smuggling in Romania decreased to 11.8% of the market in July, from 12.6% in May, according to data by Novel Research. more

23 aug 2013

Romanian new passenger car sales fell 13.2% on the year to 36,069 units in January-July, the Automotive Manufacturers and Importers Association, or APIA, said Friday. more

23 aug 2013

Romanian power grid operator Transelectrica (TEL.RO) plans bond issues of up to 900 million lei (EUR203.1 million) in 2013-2017, both in lei and in foreign currency. more

23 aug 2013

Romanian regional investment fund SIF Moldova (SIF2.RO) wants to share control of SIF Muntenia (SIF4.RO) with SIF Crisana-Banat (SIF1.RO) by acquiring 50% of Muntenia Invest, the manager of SIF more

23 aug 2013

The Bucharest stock market closed slightly up Friday and the bourse’s liquidity was lifted again by investment fund Fondul Proprietatea (FP.RO). more

23 aug 2013

Romanian electric and electronic equipment maker Electromagnetica Bucuresti (ELMA.RO) wants to buy more micro-hydro facilities or build new units in an investment of up to EUR10 million. more

23 aug 2013

E.ON Gaz Distributie, a Romanian unit of German utility E.ON, will organize an auction on September 12 to insure its 1,200 vehicles, and the value of the contract, to be valid for four years, is more

23 aug 2013

Property firm Atrium European Real Estate said Friday its net rental income from the Militari Shopping Center in Bucharest increased 5.3% to EUR3.4 million in the first half of 2013, from EUR3.2 more

22 aug 2013

Romania’s Financial Supervisory Authority, or ASF, decided Thursday the shareholders of real estate developer Impact Developer&Contractor (IMP.RO) must take a new decision regarding the reduction of more

22 aug 2013

Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) reduced loss to 6.7 million lei in the first half of 2013, from RON23.3 million in the similar interval a year ago. more

22 aug 2013

The Bucharest stock exchange closed slightly up Thursday and the Bucharest Stock Exchange (BVB.RO) closed up 2.21%, at 24.02 lei (EUR5.4) a share, the highest level since September 10, 2012, a day more

22 aug 2013

Romania’s antitrust authority said Thursday it carried out checkups at ten grain traders in an investigation concerning possible anti-competitive practices. more

22 aug 2013

Stejarii Country Club, developed by Romanian businessman Ion Tiriac in Baneasa Forest in northern Bucharest, will be completed this fall following an investment worth about EUR18 million. more

21 aug 2013

The managing board of Romanian dairy product maker Albalact (ALBZ.RO) is seeking shareholders’ approval to redeem 19.67% of the shares. The stake is valued on the stock market at 19.8 million lei more

21 aug 2013

Romania’s privatization authority AAAS will take over the debts of insolvent engine manufacturer UCM Resita (UCM.RO) to tax authority ANAF and will cede a part of the manufacturer’s assets through more

21 aug 2013

Romania’s leu fell slightly against the euro in late trade Wednesday and finished the session at 4.4440/4.4450 to the euro, amid low volumes. more

21 aug 2013

The Bucharest stock exchange closed down Wednesday amid reduced appetite for transactions. more

21 aug 2013

Millennium BCP, Portugal’s largest listed bank, will sell Millennium Bank Romania and will exit the local market, people familiar with the matter told Mediafax Wednesday. more

21 aug 2013

U.S. media group Central European Media Enterprises (CME), which owns Pro TV in Romania, said Wednesday Adrian Sarbu has resigned as president and Chief Executive Officer of the company. more

21 aug 2013

Romania will increase the budget of a de minimis state aid scheme targeting small and medium-sized enterprises (SMEs) which make investments and create new jobs from 400 million lei (EUR89.8 million) more