15 feb 2013

The special tax introduced by the Romanian government for drilling and exploitation activities of natural resources, except for gas, will be applied also to the resources exploited prior to February more

15 feb 2013

Swiss trader Ameropa, with operations in agricultural raw materials and in fertilizer production on the Romanian market, won an auction to deliver 50,000 tons of wheat to Jordan at a price of $380/ton more

14 feb 2013

Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, posted revenues of 909.1 million lei (EUR16 million) in 2012, 6% lower on the year, the company said in its more

14 feb 2013

The Bucharest stock market closed down Thursday, with investors not reacting to the country’s economic growth data and with three deals with Fondul Proprietatea (FP.RO) shares ensuring 40% of the more

14 feb 2013

Romanian restaurants annually sell over 20,000 wine bottles worth more than EUR100 per piece, according to Bogdan Ciocoveanu, business director with Lerida International, the largest wine importer on more

14 feb 2013

Romanian realty developer Iulius Group, owned by businessman Iulian Dascalu, Thursday said it registered revenue of EUR55.6 million in 2012, from its four Iulius Mall shopping centers and the Palas more

14 feb 2013

Cable television operator UPC Romania reported 450 million lei (EUR102.7 million) revenue in 2012, from RON437 million in 2011, following the customer numbers increase. more

14 feb 2013

Romania’s leu opened stronger against the euro Thursday, but switched to losses soon after, and the publishing of the gross domestic product data for the last quarter and the whole 2012 could not more

14 feb 2013

The Bucharest stock market was higher in early session Thursday, amid very low traded values, with lender BRD-Groupe Societe Generale (BRD.RO) topping the charts for the third consecutive day. more

14 feb 2013

FAN Courier, the largest Romanian-held company on the courier market, saw its turnover rise 10% in lei last year, to around RON244 million (around EUR55 million), and the company hopes to see a more

13 feb 2013

The Bucharest stock market closed undecided Wednesday, amid low traded values, with only financial stocks drawing some attention more

13 feb 2013

Hungary’s pharmaceutical company Egis Wednesday reported last quarter sales of EUR4.45 million in Romania, up 7% on the year, according to the company’s financial report from EUR4.14 million more

13 feb 2013

The sales of retail network LEM'S, operated by Romanian furniture maker Lemet Campina, grew by 20% in 2012, to almost 210 million lei (EUR47.72 million). more

13 feb 2013

The Bucharest stock market was down in early session Wednesday, amid low traded values, and with lender BRD Groupe Societe Generale (BRD.RO) being the top traded issuer as early Tuesday. more

13 feb 2013

Romania’s leu traded stable against the euro in early session, slightly above 4.4 units, in a quiet market and amid low traded volumes. more

12 feb 2013

Romanian drilling company Dafora Medias (DAFR.RO), controlled by businessman Gheorghe Calburean, posted losses of 15.6 million lei (EUR3.5 million) in 2012, over 11-fold higher from RON1.39 million in more

12 feb 2013

The Bucharest stock market closed down Tuesday, after an apathetic session marked by low traded values, while the shares of Rompetrol Rafinare (RRC.RO) continued the increasing trend from previous more

12 feb 2013

More than a half of the Romanian top executives see salaries growing between 5% to 10% in 2013, mirroring inflation rate, while a quarter want to employ new people and only 4% believe the sector in more

12 feb 2013

Romania’s operating leasing market increased by 11% in 2012, to 41,500 managed vehicles, at a lower pace than estimated at mid-year due to a slowdown in the second half, according to data from the more

12 feb 2013

The Bucharest stock market was undecided in early session Tuesday, amid low traded values. more

12 feb 2013

The local subsidiary of Hewlett-Packard expects the Romanian computer market to grow by 5%, with the performance of the printer business deemed to vary by technology (inkjet and laser), Tiberiu Dobre, more

12 feb 2013

The first month of 2013 brought a rise in Dacia registrations on the main European markets, with the new Dacia Sandero being the best-selling car on the Spanish market. more

12 feb 2013

The first 300 right-hand drive Dacias were registered in the UK in January, according to the UK’s Society of Motor Manufacturers and Traders (SMMT). more

12 feb 2013

The real estate arm of Piraeus Bank, Piraeus Real Estate, will invest several million euros to complete six apartment buildings part of the Seasons Residence complex in Brasov (central Romania). more

11 feb 2013

Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 52.98% in January, from 52.2% a month earlier, the fund said in a statement Monday. more