1 feb 2013

Romanian leading oil company OMV Petrom (SNP.RO) reported a 56.3% increase in natural gas and power sales volumes to 14.44 terawatt-hours in the last three months of 2012 compared with a quarter more

1 feb 2013

"Why don't you come over?” is the prompt humorous response from Gandul.info and GMP to the British "You won't like it here" campaign against potential Romanian immigrants. more

1 feb 2013

Daniel Nicolescu, the development manager of e-commerce solution provider PayU Romania, took the company’s helm as interim general manager, instead of Cristian Herghelegiu, who stepped down from more

1 feb 2013

Romanian foreign exchange reserves rose to EUR31.46 billion in January, from EUR31.2 billion a month earlier, central bank data showed Friday. more

1 feb 2013

Romania’s leu advanced against the euro by midday Friday and the central bank’s reference strengthened to 4.3771 units, from 4.3828 units a day earlier. more

1 feb 2013

The gross minimum wage in Romania has been increased by 50 lei (EUR11.4) Friday to RON 750 and will be further raised to RON800 in July. more

1 feb 2013

Romanian new passenger car sales fell 23.7% to 72,179 units in 2012, from 94,624 units a year earlier, the Automotive Manufacturers and Importers Association, or APIA, said Friday. more

1 feb 2013

Romanian analysts see little room for monetary policy easing in 2013 and estimate the central bank will keep its main rates unchanged at 5.25% throughout the year, according to an in-house survey of more

1 feb 2013

The net profit of Romanian regional investment fund SIF Crisana-Banat (SIF1.RO) climbed 60% last year to 100.5 million lei (EUR22.6 million), from RON63 million in 2011, supported by increasing more

1 feb 2013

Dutch company Van Oord Dredging and Marine Contractors has signed a contract to lengthen the dam in the Port of Constanta, the Transport Ministry said Friday. more

1 feb 2013

The Bucharest stock market traded up almost 1.5% Friday morning, as transactions with shares of oil company OMV Petrom (SNP.RO) and Banca Transilvania (TLV.RO) ensured half of the bourse’s more

1 feb 2013

The Romanian leu traded around 4.385 per euro on Friday morning, in a quiet market with low transferred volumes. more

1 feb 2013

Tourist arrivals in Romania rose 9.3% in 2012 from a year earlier, while overnight accommodations were up 6.6%, the statistics institute INS said Friday. more

1 feb 2013

Romanian adjusted retail sales rose 3.3% in 2012 compared with the previous year, on higher sales across the board, the statistics institute INS said Friday. more

31 ian 2013

The European Commission on Thursday approved financing of EUR751 million to Romania for the upgrade of a railway section that will cost EUR884 million. more

31 ian 2013

The Bucharest stock market closed slightly down Thursday, and three special deals with the shares of investment fund Fondul Proprietatea (FP.RO) and oil company OMV Petrom (SNP.RO) covered half of the more

31 ian 2013

Romania’s Trade Registry on Thursday said around 90,000 companies went insolvent since the start of the economic crisis, in 2008. more

30 ian 2013

Romanian state-run energy holding Oltenia plans to increase its share capital by up to 27.3%, with 12% of the newly issued shares to be listed on the Bucharest Stock Exchange, according to a draft more

30 ian 2013

Romania will contribute EUR52.39 million to increasing the capital of the European Investment Bank (EIB) and the amount will be paid in a single tranche by March 31, 2013. more

30 ian 2013

The Bucharest stocks closed undecided Wednesday, with the about three quarters of the total traded value ensured by transactions with Fondul Proprietatea (FP.RO). more

30 ian 2013

Romania’s leu weakened slightly against the euro Wednesday, tracking the currencies in the region, and closed near 4.385 units, amid a quiet market. more

30 ian 2013

Thermal power producer Termica Suceava may enter conservation in 2013 after the inauguration of the new thermal plant built by Adrem Invest company, around 330 of the total 569 employees being subject more

30 ian 2013

Romanian medicine supplier Unifarm may borrow EUR800,000 from the state treasury to purchase oncology drugs, according to an emergency ordinance approved by the Government Wednesday. more

30 ian 2013

The Romanian Government should simplify the value added system or give the taxpayer the right to choose an enforcement method and settle a sole tax on companies’ revenue, including the profit tax more

30 ian 2013

The Valcea Court admitted Wednesday the insolvency request filed by Romanian state-owned chemical plant Oltchim Ramnicu-Valcea (OLT.RO). more