12 aug 2013

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) registered loss of 4.5 million lei (about EUR1 million) in the first half of the year, from net profit of RON0.22 million in the similar more

12 aug 2013

Romanian building materials maker Prefab (PREH.RO) reported revenues of 44 million lei (about EUR10 million) for the first half of 2013, up 27% from RON34.6 million in the similar interval a year ago. more

12 aug 2013

The Bucharest stock exchange opened up Monday on low liquidity, which was secured mainly by investment fund Fondul Proprietatea (FP.RO). more

12 aug 2013

Romanian state-run natural gas producer Romgaz registered net profit of 771.4 million (EUR173.8 million) in the first half of 2013, up 38% on the year, while its turnover continued to fall due to more

9 aug 2013

Romanian pharmaceutical company Terapia Ranbaxy, the largest local generic drug producer, registered turnover of 250 million lei (EUR56 million) in the first half of 2013, up 8% on the year. more

9 aug 2013

The Bucharest stock market opened down Friday, while the bourse’s liquidity was mainly lifted by Erste Group Bank (EBS.RO) and Banca Transilvania (TLV.RO). more

9 aug 2013

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, reported net profit of 16.14 million lei (EUR3.6 million) for the first half of 2013, 2.5 times higher on more

9 aug 2013

Four of the top-traded issuers on the Bucharest stock exchange in August gained over 10% compared with the end of July in only six sessions. The increases offered investors great gain opportunities. more

9 aug 2013

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9 aug 2013

Coca-Cola HBC Romania recorded a “high single digit” decline in volumes sold, with the sales performance being determined by the bad weather and the aggressive promotional activity of market more

8 aug 2013

Romanian farmers who receive state subsidies through a EU-funded payment-per-hectare scheme may get loans from Banca Comerciala Romana (BCR) of up to 90% of the value of the aid. more

8 aug 2013

Cosmote Romania, the third largest telecom operator on the local market, registered a slight decrease in revenues in the second quarter of 2013 to EUR111.4 million due to a 40% termination rate cut, more

8 aug 2013

The Bucharest stock exchange opened up Thursday on rising volumes and focus on Erste Group Bank (EBS.RO), Fondul Proprietatea (FP.RO) and regional investment funds (SIFs). more

8 aug 2013

New taxes applied starting February this year to electricity and natural gas transporters, as well as to natural gas producers, increased budget revenues by about EUR28 million by the end of June, more

8 aug 2013

The Romanian mobile telephony market is still feeling the impact of reducing termination rates by about 40% in 2012 but will recover as mobile internet services have risen to a level that may offset more

8 aug 2013

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8 aug 2013

Romania’s state budget for 2014 is built on 2.2% growth, Minister-delegate for Budget Liviu Voinea said, adding that the Government is seeking to lower social security contributions and increase more

8 aug 2013

Francois Melchior de Polignac, executive manager of Carrefour Romania, says Romanians are increasingly cautious when they shop because of economic uncertainties, mainly to do with their income. more

7 aug 2013

Romanian insurer ING Asigurari de Viata underwrote premiums of 274.2 million lei (EUR61.8 million) in the first half of 2013, up 1.7% on the year, while its gross profit fell 17.8% to RON5.63 million. more

7 aug 2013

Shopping center Promenada in Bucharest, developed by Raiffeisen Evolution, will be inaugurated on October 17, following a total investment of over EUR130 million. more

7 aug 2013

Romanian group Grampet-GFR, controlled by businessman Gruia Stoica, said Wednesday it will participate in the privatization of Greece’s state-owned freight railway operator Train OSE. more

7 aug 2013

The Bucharest stock exchange opened down Wednesday and transfers with the shares of Erste Group Bank (EBS.RO) secured most of the bourse’s turnover. more

7 aug 2013

The local subsidiary of U.S. group Franklin Templeton Investment Management, which administers the EUR3.5 billion assets of Romanian investment fund Fondul Proprietatea, registered turnover of 36.7 more

7 aug 2013

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7 aug 2013

The 100 largest employers in Romania, which together have 520,000 employees (12% of the total number in the economy), reported a decline of 36,000 employees between 2008 and 2012, according to Trade more