15 feb 2013

Romanian state-owned power grid operator Transelectrica (TEL.RO) Friday said its net profit fell 76% in 2012, as electricity volumes were down almost 4% compared with the previous year. more

14 feb 2013

Romania’s Finance Ministry Thursday sold $1.5 billion in US dollar-denominated bonds in international markets at an average annual yield of 4.5%, banking sources told Mediafax. more

14 feb 2013

Romania’s Finance Ministry on Thursday sold 397.6 million lei (EUR90.7 million) in four-year government bonds, above the planned amount, at an average yield of 5.73% a year, lower than at the more

14 feb 2013

Romanian car dealer and car part supplier ATP Exodus Thursday said its sales amounted to EUR71.3 million last year, similar to the result registered in 2011. more

14 feb 2013

The sales of Coca-Cola Hellenic in Romania increased 1% in 2012 to 162.7 million cases of beverage, Coca-Cola's largest European bottling company said Thursday. more

14 feb 2013

Hungary’s oil and natural gas company MOL said Thursday it opened two new gas stations in Romania, following a EUR500,000 investment, thus expanding its local network to 137 units. 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

Romanian state-owned airline Tarom reported 2.19 million passengers in 2012, similar to the previous year, and its transport capacity on regular flights decreased by 5%, the company said in a more

14 feb 2013

The Romanian durable consumer goods market climbed 2% in 2012 to EUR1.4 billion, helped by a 10% increase in the last quarter of the year driven by Black Friday and Christmas discounts, according to a more

14 feb 2013

Romania’s leu edged lower against the euro by midday Thursday, tracking the currencies in the region, but the central bank’s reference strengthened modestly to 4.3844 units, from 4.387 units a day 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 has launched a 10-year dollar-denominated bond on the US market in a bid to raise at least $500 million, banking sources told Mediafax Thursday. more

14 feb 2013

Retailer Profi, controlled by Polish private equity firm Enterprise Investors, has leased a 15,000 square meter warehouse space in logistics center LogCenter, developed by Immofinanz Group in 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

Romanian investment fund Fondul Proprietatea (FP.RO) Thursday proposed a gross dividend of 0.0408 lei (EUR0.009) per share, up 5.9% from the dividend paid last year. more

14 feb 2013

Romania’s economy grew by a meager 0.2% in 2012, a considerable slowdown on the previous year, hurt by a feeble harvest and falling exports to European markets. more

13 feb 2013

Romania was one of the least dependent countries on energy imports in the European Union in 2011, with a dependency rate of 21%, official data showed Wednesday. more

13 feb 2013

Romania is one of the world’s largest suppliers of horsemeat, with exports worth EUR13.1 million in 2011, according to the country’s statistics institute INS. 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

Romania’s Finance Ministry will tap the US debt market in a bid to raise between $500 million and $1.5 billion. more

13 feb 2013

Romania’s leu strengthened against the euro Wednesday, helped by higher sales of foreign currency, and closed at 4.3825/4.384 units, from 4.4015/4.404 units a day earlier. 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

Private healthcare provider MedLife will expand its clinic network this year in most major cities of Romania, after investing an average of EUR500,000 in each new unit, company president Mihai Marcu more

13 feb 2013

The high ratio of non-performing loans in BRD-Groupe Societe Generale’s (BRD.RO) corporate segment is a direct consequence of the financial and economic crisis and not the result of faulty lending more