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

5 sep 2013

The temporary reduction of state support for renewable energy producers starting July 1 is showing its first effects and the sum investors will have to recover for July reaches about EUR14 million. 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

4 sep 2013

Romania ranks fifth in Central Europe regarding the number of companies included in Deloitte’s Top 500 companies, which takes into account revenues registered last year. more

4 sep 2013

The Bucharest stock market opened down Wednesday on low volumes. more

4 sep 2013

Romanian bathroom furniture maker Savini Due, controlled by Italian businessman Piersante Savini, registered sales of 32.3 million lei (over EUR7 million) in the first half of 2013, up 5% on the year, more

3 sep 2013

The Bucharest stock exchange closed down Tuesday, similar to the main European markets, with investors still cautious amid instability on international markets. more

3 sep 2013

Romania’s leu lost ground versus the euro Monday, tracking currencies in the region, and finished the session near 4.44 units to the euro amid rising volumes. more

3 sep 2013

Investors interested in purchasing copper concentrate from state-run producer Cupru Min Abrud have until October 14 to submit final bids and the auction will take place the next day, Romania’s more

3 sep 2013

The 3,650 laid-off employees of Romanian state-run postal operator Posta Romana will receive severance pay amounting to 7.4 million lei (EUR1.66 million) by the end of the year, the company said more

3 sep 2013

Romanian private healthcare provider MedLife registered turnover of EUR35.2 million in the first half of 2013, 17% higher on the year. more

3 sep 2013

Romanian car fair operator Autovit, controlled by South-African company Naspers, wants to auction off Decebal Tower, a luxury block of flats in Bucharest, and expects to get at least EUR12 million. more

3 sep 2013

The Bucharest stock exchange opened slightly up Tuesday on extremely low liquidity, with investors adopting a cautious stand. more

3 sep 2013

Romanian state-owned railway passenger carrier CFR Calatori registered loss of 139 million lei (EUR31.6 million) in the first half of 2013, down from RON200 million in the similar interval a year ago. more

30 aug 2013

Skanska invests EUR80 million in its first real estate project in Bucharest – office complex Green Court, and plans to develop several similar projects in the Romanian capital, Johan Karlstrom, the more

30 aug 2013

Petromidia, the largest refinery of Romania’s second-largest oil group Rompetrol, is the first local refinery to have successfully completed a transition period to align production installations more

30 aug 2013

The Bucharest stock exchange opened undecided Friday on reduced volumes. more

30 aug 2013

Getica, a demonstration project worth EUR1 billion, aiming to capture carbon dioxide from the Turceni thermal power plant and store it underground to prevent global warming, might be cancelled, as it more