5 feb 2013

Romania’s central bank kept its key rate unchanged at 5.25% for the seventh consecutive meeting Tuesday, in line with expectations, despite a weakening economy. more

5 feb 2013

The amount cashed by the Romanian state from taxing revenue obtained from property transfers reached 499 million lei (EUR112 million) in 2012, close to the level in 2011, despite a 17% increase in the more

5 feb 2013

The Romanian leu slid against the euro in the first hour of Tuesday’s session, as local investors placed euro buy orders, but the transferred volumes were not elevated, dealers said. more

5 feb 2013

Bucharest stocks were slightly higher Tuesday morning, as traded values were improving, with Banca Transilvania (TLV.RO) in the spotlight. more

5 feb 2013

The political crisis last summer and the elections in December made a significant impact on the car sales in Romania. While the first half showed a slight rebound after more than five years of more

4 feb 2013

The Bucharest stock market closed almost flat Monday in a quiet session, where only financial stocks recorded significant trading values. more

4 feb 2013

Romania’s leu advanced modestly against the euro in lackluster trading Monday and closed at 4.3715/4.3725 units, from 4.376 units in the previous session. more

4 feb 2013

Imperial Development, a Romanian company registered in the northwestern city of Cluj-Napoca, will invest EUR8 million in a photovoltaic project to be built on a 12-hectare land in Tetarom III more

4 feb 2013

Romania’s Finance Ministry sold debt worth 1.23 billion lei (EUR281 million) at two auctions Monday, slightly above the planned amount, with yields continuing a downward trend started in the last more

4 feb 2013

Representatives of Era Shopping Park in Iasi (northeastern Romania) are negotiating with Swedish furniture retailer IKEA the opening of a store, and the deal is likely to be concluded this year, more

4 feb 2013

Household appliances producer De'Longhi Romania decided in stockholders’ meeting in January to increase the company’s share capital by EUR6.13 million, from EUR45. more

4 feb 2013

Danone Romania, a unit of French food group Danone, Monday said it named Cristina Popescu as the company’s corporate affairs head for southeastern Europe. more

4 feb 2013

Romania’s leu lost some of its earlier gains versus the euro by midday Monday, but the central bank’s reference strengthened 0.2% to 4.3667 units, from 4.3771 units in the previous session. more

4 feb 2013

Romanian developer Energia Verde Ventuno has selected General Electric Co. to supply wind turbines to a farm being built in Cerna, Tulcea county (SE Romania). more

4 feb 2013

Romania’s central bank capped its repurchasing operation for the 18th consecutive time Monday, but raised the repo ceiling to 10 billion lei (EUR2.28 billion), from RON9 billion a week earlier. more

4 feb 2013

The Bucharest stock exchange rose 0.4% in early trade Monday in a lethargic market, with only few shares gaining attention. more

4 feb 2013

The Romanian leu traded higher against the euro on Monday morning, but dealers say the transferred volumes are low. more

4 feb 2013

Romania’s industrial producer price index fell for a second consecutive month in December, but were up 4.9% compared with the same month of 2011, the country’s statistics institute INS said more

4 feb 2013

The "Why don't you come over?” cheeky response campaign that invited British citizens to mass migrate to Romania is going into a more practical stage as the initiators are putting their couches more

1 feb 2013

The Bucharest stock market closed higher Friday in a session dominated by Fondul Proprietatea (FP.RO), which covered three quarters of the bourse’s traded value. more

1 feb 2013

Romania’s leu strengthened below 4.38 to the euro Friday, helped by euro sales from non-residents, and closed 0.2% higher on the day, amid a quiet market. more

1 feb 2013

Romanian power producer Hidroelectrica Friday sold electricity worth 69.74 million lei (EUR15.87 million) on the local energy exchange OPCOM, the company said in a statement. more

1 feb 2013

Romanian state-owned passenger railway carrier CFR Calatori will organize a new auction on February 7, at the Romanian Commodities Exchange, to purchase 2,000 tons of diesel fuel to return a loan from more

1 feb 2013

Romania’s Transport Ministry expects to raise at least 268.75 million lei (EUR61.5 million) through the sale of a majority stake (51%) in state-owned freight company CFR Marfa, and the sum does not more

1 feb 2013

Garanti Bank Romania Friday said it has switched to a loss of EUR21.6 million in 2012, versus profit a year earlier, hurt by higher provisions. more