26 nov 2013

Raiffeisen Bank Romania, the fourth largest local bank regarding assets, will increase the face value of a share one million times, to 100,000 lei (about EUR22,500) without adjusting its share more

26 nov 2013

The Romanian leu was stable against the euro in early action Tuesday and traded slightly below 4.444 units in quiet market. more

26 nov 2013

The Bucharest stock market opened down 0.2% Tuesday and the bourse’s liquidity, of only 2.6 million lei (EUR0.6 million), was secured by gas producer Romgaz (SGN.RO) and Fondul Proprietatea (FP.RO). more

26 nov 2013

Four-star hotel Pullman Bucharest (former Sofitel) will be put up for sale in January for EUR20 million to cover a part of the debts registered by its owner, insolvent World Trade Center Bucharest more

25 nov 2013

The Bucharest stock exchange closed up 0.3% Monday and investors focused mainly on energy stocks and investment fund Fondul Proprietatea (FP.RO). more

25 nov 2013

Romania signed several agreements with China Monday, settling the resumption of cattle and pig exports to the Asian country and ensuring cooperation in several energy projects. more

25 nov 2013

Online retailer eMag.ro registered sales of EUR23 million during its early Black Friday discount sales campaign, Dante International, owner of eMag, said Monday. more

25 nov 2013

Italian FRO-Airliquide Welding on Monday purchased Broadhurst Investments’ 11.71% stake in Romanian industrial wires producer Ductil Buzau (DUCL.RO) for 23.5 million lei (EUR5.3 million), exchange more

25 nov 2013

The Romanian leu was steady against the euro Monday morning and traded slightly below 4.45 units on low volumes. more

25 nov 2013

The Bucharest stock exchange opened down 0.2% Monday and the bourse’s liquidity was mainly secured by transfers with the shares of oil company OMV Petrom (SNP.RO) and gas producer Romgaz (SNG.RO). more

25 nov 2013

Real estate consulting company Jones Lang LaSalle (JLL) has recently launched warehousefinder.ro, a website designed for companies that are looking for industrial and logistic spaces. more

22 nov 2013

Metro Cash&Carry Romania has appointed Gilles Roudy as chief executive officer to replace Dusan Wilms, whose mandate will soon come to an end. more

22 nov 2013

Romanian investment fund Fondul Proprietatea (FP.RO) estimates the state will collect between 700 million and 900 million lei (157-202 million euro) from a tax on special buildings applicable next more

22 nov 2013

U.S. Franklin Templeton, the administrator of Romanian investment fund Fondul Proprietatea (FP.RO), has renounced the idea of cross-listing the fund in Warsaw and is looking for another stock market, more

22 nov 2013

The Bucharest stock exchange opened slightly up Friday and the bourse’s liquidity, of EUR1.5 million (EUR0.35 million), was almost entirely secured by five issuers. more

22 nov 2013

Romanian online retailer eMAG sold two Ford Focus, a Ford Kuga and a Dacia Logan in the first minutes of its early Black Friday discount sales campaign. more

22 nov 2013

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21 nov 2013

Two consortia submitted bids Thursday to advise Romania’s Communications Ministry on the sale of its minority stake in telecom operator Romtelecom, people close to the matter told Mediafax. more

21 nov 2013

Four funds administered by U.S. company Franklin Templeton bought 0.087% in Romanian oil company OMV Petrom (SNP.RO) from the European Bank for Reconstruction and Development (EBRD) for 20.7 million more

21 nov 2013

Tour operators will start the Black Friday sales campaign this Friday and will offer discounts of up to 50% for vacation packages in Romania and abroad. more

21 nov 2013

The Bucharest stock market fell 0.8% in early action Thursday and the bourse’s liquidity, worth 5.6 million lei (EUR1.2 million) at 11:00 local time (GMT0900), was mainly secured by investment fund more

21 nov 2013

South-African investment fund New Europe Property Investments (NEPI) will inaugurste a mall in Galati, southeastern Romania, Thursday expanding its local shopping center portfolio to 200,000 square more

21 nov 2013

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20 nov 2013

Rompetrol Moldova, part of Romania’s second largest oil group Rompetrol, has recently opened two new gas stations in the Republic of Moldova and expanded its Moldovan network to 59 units. more

20 nov 2013

Residential compound Militari Residence in Bucharest, developed by Romanian entrepreneurs, will be expanded by 14 more apartment blocks to be delivered in the first quarter of 2014. more