11 feb 2013

Romania’s Finance Ministry sold a planned 600 million lei (EUR136.3 million) at a two-year bond auction Monday, at an average annual yield of 5.83% a year, lower than at the previous tender. more

11 feb 2013

Investment fund Fribourg Investments, majority owned by former Moldovan Premier Ion Sturza, took over 49% in the share capital of Romanian mining firm Romaltyn, and will invest $20 million in mining more

11 feb 2013

Romania’s leu edged lower against the euro by midday Monday and the central bank’s reference weakened slightly to 4.3998 units, from 4.397 units in the previous session. more

11 feb 2013

The overall office space to be delivered in Bucharest this year will increase considerably compared with 2012, while the number of new retail projects will continue to decrease, real estate consulting more

11 feb 2013

Romanian electric engines maker Electroprecizia (ELZY.RO) on Monday said it will invest over EUR3 million in building a micro-hydropower plant in Sacele, in central county of Brasov. more

11 feb 2013

Romania’s trade deficit narrowed to EUR9.56 billion in 2012, from EUR9.67 billion a year earlier, as both exports and imports decreased slightly, the country’s statistics institute INS said more

8 feb 2013

Romania’s leu strengthened modestly against the euro in a sleepy session Friday and closed at 4.3935/4.395 to the euro, amid low volumes. more

8 feb 2013

Romania’s privatization authority AVAS will elaborate the legislative framework enabling the exchange of minority stakes in companies that both AVAS and the regional investment funds have interest more

8 feb 2013

The "Why don't you come over?" campaign enters its third stage. more

8 feb 2013

Romania’s leu moved in a narrow range against the euro by midday Friday and the central bank’s reference gained 0.3% to 4.397 units, from a month-low of 4.4106 units a day earlier. more

8 feb 2013

Romanian insolvent oilfield equipment manufacturer Uztel Ploiesti (UZT.RO) Friday reported a 30% drop in its 2012 net profit to 3.8 million lei (EUR0.85 million), on lower sales. more

8 feb 2013

The Bucharest stock market was slightly up in early session Friday, while the bourse’s liquidity remained low. more

8 feb 2013

The Romanian leu traded around 4.4 against the euro on Friday morning, but the transferred volumes were very low, dealers said. more

8 feb 2013

Romanian adjusted industrial production inched up 0.3% in 2012 compared with the previous year, on higher output in the mining and energy sectors, the country’s statistics institute INS said Friday. more

7 feb 2013

Romania's Securities Commission, or CNVM, will send the Finance Ministry a law draft proposal on the restructuring of Rasdaq market, stating that companies’s stockholders trading on Rasdaq are more

7 feb 2013

The Bucharest stock market closed undecided Thursday, for the second day in a row, while trading values remained reduced. more

7 feb 2013

Romania’s leu lost around 0.3% against the euro Thursday, amid growing demand for foreign currency. more

7 feb 2013

Romania’s money market is relatively balanced and the leu’s exchange rate poses no immediate problems, central bank governor Mugur Isarescu said Thursday. more

7 feb 2013

Only 53.3% of entrepreneurs in Romania are college graduates or have highschool diplomas, and entrepreneurial education was introduced in highschools starting 2010 aiming to show entrepreneurship is more

7 feb 2013

Romania’s Finance Ministry on Thursday sold a planned 500 million lei (EUR113.3 million) of five years bonds, with the average yield rising to 5.79% a year, from a record low of 5.4% at the previous more

7 feb 2013

Romanian banks’ non-performing loans will continue to stack up in the near future, depending on economic growth prospects and the evolution in consumer confidence level, central bank deputy governor more

7 feb 2013

The parent banks of the Romania’s largest nine lenders have reduced their exposure to the country by 8% since March 2009, central bank deputy governor Cristian Popa said Thursday. more

7 feb 2013

Romanian state-run chemical plant Oltchim Ramnicu-Valcea (OLT.RO), which has recently entered insolvency, will appoint a new general manager next month to replace Mihai Balan, the Economy Ministry more

7 feb 2013

Romanian car manufacturing plant Dacia made a total of 400,000 Dacia Duster models, the carmaker said in a statement Thursday. more

7 feb 2013

Romania’s leu fell against the euro by midday Thursday, amid growing demand for foreign currency, and the central bank’s reference rate weakened 0.6% on the day to 4.4106 units, the lowest rate in more