18 feb 2013

Romanian new passenger car sales fell 37.6% to 3,334 units in January, from 5,345 units a month earlier, the Automotive Manufacturers and Importers Association, or APIA, said Monday. more

18 feb 2013

Romania’s central bank Monday lowered the cap on its weekly repurchasing agreement operation to 9 billion lei (EUR2.05 billion), from RON11 billion in the previous week. more

18 feb 2013

Romania’s antitrust body announced Monday it was looking into the takeover of Termo Craiova, which administers the heat distribution and supply in Craiova, southern Romania, by state-owned thermal more

18 feb 2013

Mobile operator Cosmote Romania will provide 4G telecom services in Bucharest and several other Romanian cities as of end-April, company commercial manager Panos Makris said Monday. more

18 feb 2013

Direct sales company Amway Romania expects a slight growth in sales this year, to USD23 million, driven by the planned new product launches. more

18 feb 2013

The Bucharest stock market opened undecided Monday, in a quiet market and amid low traded volumes, with the shares of SIF Banat-Crisana (SIF1.RO) and SIF Muntenia (SIF4.RO) rising over 1% following more

18 feb 2013

The Romanian leu opened weaker against the euro on Monday, reaching 4.39 units, in a quiet market with very low traded volumes. more

18 feb 2013

Sales of trucks over 18 tons mainly used in long-haul freight transportation will go up to more than 3,561 units (the sales of 2011) this year, Volvo Group officials estimate. more

15 feb 2013

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Friday said it plans to acquire control of peer fund SIF Muntenia (SIF4.RO), pending approval from the securities commission CNVM. more

15 feb 2013

The Bucharest stock market closed up Friday, while investment fund Fondul Proprietatea (FP.RO) and lender BRD-Groupe Societe Generale (BRD.RO) lifted the bourse’s liquidity to a two-week high. more

15 feb 2013

Fitch Ratings Friday assigned Romania's $1.5 billion US dollar-denominated bond, due August 2023, a 'BBB-' rating, the agency said in a statement. more

15 feb 2013

Romania’s leu weakened modestly against the euro in a quiet market Friday and closed at 4.385/4.386 units, amid low volumes. more

15 feb 2013

Romania’s second-largest oil company Rompetrol Friday said it has reached an agreement with government officials to buy back an unspecified stake in its unit Rompetrol Rafinare (RRC.RO). more

15 feb 2013

Local authorities in Piatra Neamt (northeastern Romania) want to build a photovoltaic park worth 72.2 million lei (EUR16.4 million), with an installed capacity of about 3 megawatts. more

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

Romanian insolvent engine manufacturer UCM Resita (UCM.RO) Friday reported turnover of 152.2 million lei (EUR34.1 million) for 2012, up 24% from RON123 million in 2011. more

15 feb 2013

Romanian construction company Transilvania Constructii Cluj-Napoca (COTR.RO) Friday said its revenues fell 40% on the year to 33.1 million lei (EUR7.5 million) in 2012, from RON55.5 million in 2011. more

15 feb 2013

Romanian industrial equipment maker Comelf Bistrita (CMF.RO) Friday reported turnover of 147.1 million lei (EUR33 million) for 2012, up 3.5% on the year. more

15 feb 2013

Romanian home appliance manufacturer Electroarges (ELGS.RO) Friday reported turnover of 138.11 million lei (EUR30.9 million) for 2012, up 10% on the year. more

15 feb 2013

Romanian company THR Marea Neagra (EFO.RO) Friday said its turnover increased 15% on the year to 30.3 million lei (EUR6.8 million) in 2012, from RON26.4 million in 2011. more

15 feb 2013

Romanian plastic items maker Prodplast Bucuresti (PPL.RO) Friday reported turnover of 23 million lei (EUR5.2 million) last year, down 57% from RON53.8 million in 2011, and switched to losses. more

15 feb 2013

Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) Friday said its revenues rose 22.5% last year to 60.4 million lei (EUR13.7 million), from RON49.3 million in 2011. more

15 feb 2013

The Bucharest stock market opened up Friday, while investment fund Fondul Proprietatea (FP.RO) ensured most of the bourse’s still scarce liquidity. more

15 feb 2013

Romanian lender Banca Comerciala Carpatica (BCC.RO) Friday reported a net profit of 25 million lei (EUR5.6 million) for 2012, from a net loss in the previous year. more

15 feb 2013

The Romanian leu weakened slightly against the euro on Friday morning, in a quiet market with low transferred volumes. more