7 feb 2013

Romanian central bank maintains its forecast on the year-end inflation unchanged at 3.5% in 2013, despite higher prices expected in the first half of the year, the bank’s chief Mugur Isarescu said more

7 feb 2013

Romania’s leu opened flat against the euro Thursday and traded in a narrow range in early action, amid scarce liquidity. more

6 feb 2013

Romania might secure its independence from gas imports if the blocks U.S. oil group Chevron will exploit contain significant amounts of shale gas, a company representative said Wednesday. more

6 feb 2013

Romanian chemical plant Chimcomplex Borzesti (CHOB.RO) will increase its share capital by 33.11 million lei (EUR7.55 million), to RON162.37 million, according to the terms of the privatization more

6 feb 2013

The Bucharest stock market closed roughly flat Tuesday, with special deals and Fondul Proprietatea shares lifting the total turnover. more

6 feb 2013

The Romanian medicine market reached EUR2.63 billion in 2012, up 3.1% from 2011, according to market research company Cegedim Romania. more

6 feb 2013

U.S. agri-food company Cargill will shut down its vegetable oil plant in Podari, southern Romania, and sell brands Undelemn de la Bunica and Olpo, as well as its vegetable oil production equipment, to more

6 feb 2013

Romania’s leu depreciated against the euro Wednesday and closed 0.2% weaker on the day, amid low volumes. more

6 feb 2013

Romania's unemployment rate rose to 5.82% in January, from 5.59% a month earlier, the country’s employment agency ANOFM said Wednesday. more

6 feb 2013

Romania’s wind energy sector has one of the fastest growth rates in the European Union and the country is poised to become one of the leading users of wind power in the old continent, a report from more

6 feb 2013

Romanian pasta producer Hutton Satu Mare eyes a 20% higher turnover in 2013, from 8.3 million lei (EUR1.9 million) in 2012, fueled by the expansion of the production capability and the product more

6 feb 2013

Prime Minister Victor Ponta said Wednesday the funds allotted by the European Union to Romania for the 2014-2020 period will probably be lower compared to the European Commission’s initial budget more

6 feb 2013

Romania’s Government approved Wednesday, on first reading, a draft strategy for the privatization of state-run freight railway carrier CFR Marfa, and will give its final nod after public debates and more

6 feb 2013

Romanian insurer Astra Asigurari will enter the Ecuadorian market by the end of June and wants to expand operations to Peru, Colombia and Bolivia in the next two years, the insurance company said more

6 feb 2013

U.S. software solutions provider Catalyst Worlwide will hire 250 more IT experts over the next two years at its Romanian subsidiary, Michael Koch, the head of the company, said in a conference more

6 feb 2013

Monthly apartment rents in Bucharest are generally higher than monthly mortgage payments, and the difference is 40% in some areas in the Romanian capital, according to website anunturiparticulari.ro. more

5 feb 2013

A lower monetary policy rate would discourage domestic savings, while hurting economic growth, Romanian central bank governor Mugur Isarescu said Tuesday. more

5 feb 2013

The Bucharest stock market closed higher Tuesday, with special deals covering over half of the total turnover. more

5 feb 2013

Romania’s leu weakened slightly against the euro in a quiet session Tuesday and closed at 4.378/4.379 units, amid low volumes. more

5 feb 2013

Romania’s annual inflation is expected to accelerate up to 6% in the first half of 2013 before easing toward the 3.5% upper end of the central bank’s target range, governor Mugur Isarescu said more

5 feb 2013

The stock of modern retail space in Romania will increase 6% in the next two years, from 2.7 million square meters at the end of 2012, according to real estate consulting firm CBRE Romania. more

5 feb 2013

Romanian retail sales fell 3.2% in December from the previous month, the largest decrease in the European Union, official data showed Tuesday. more

5 feb 2013

Romanian leu recouped part of its earlier loss against the euro by midday Tuesday, but the central bank’s reference weakened 0.2% to 4.3764 units, from 4.3667 units a day earlier. more

5 feb 2013

Old apartment sellers in capital Bucharest added a margin for negotiation of 5% to 13% in the last quarter of 2012, according to real estate portal imobiliare.ro. more

5 feb 2013

U.S. group Procter&Gamble (P&G) has appointed Hans Dewaele as general manager of its operations in Romania and the Balkans, replacing Sotirios Marinidis, who took over the position of P&G Russia more