29 ian 2013

Romania’s economy is expected to post a modest growth of around 1.5% in 2013, after zero or very low growth a year earlier, an official of the International Monetary Fund said Tuesday. more

29 ian 2013

Romania has missed some of the fiscal targets assumed under a EUR3.6 billion loan agreement with the International Monetary Fund, but the government is taking corrective actions to achieve its goals, more

29 ian 2013

Romania’s leu edged higher against the euro in early action Tuesday and traded slightly below 4.39 to the euro, amid higher foreign currency sales from non-residents. more

29 ian 2013

The Bucharest stock exchange was mostly stable after the opening bell Tuesday, with almost no significant moves in a dreary trading session. more

29 ian 2013

Dutch insurance group Aegon announced Tuesday it will take over Eureko's life insurance and pension business in Romania, further strengthening Aegon's position in the Central and Eastern European more

28 ian 2013

The Bucharest stocks closed down Monday, with the liquidity touching a four-month low, and the shares of state-run chemical plant Oltchim Ramnicu Valcea (OLT.RO) were down 15% for the third more

28 ian 2013

The Romanian Government had pledged to the International Monetary Fund to change the calculation method of tax on property by July, which will be set based on the destination and not as differentiated more

28 ian 2013

Romania’s leu retreated against the euro Monday, amid growing demand for foreign currency, and closed 0.7% weaker on the day at 4.394/4.395 units. more

28 ian 2013

Romania’s life insurance market is seen flat or up a mere 2% in 2013, mainly depending on the quality and performance of insurers' sales teams. more

28 ian 2013

Romania plans to launch a secondary public offering of 15% in state-run natural gas transporter Transgaz (TGN.RO) by mid-April, according to the country’s latest letter of intent to a EUR3.6 billion more

28 ian 2013

The International Monetary Fund has agreed in principle to a two-month extension of Romania’s EUR3.6 billion precautionary loan agreement due for completion in late April, Romanian Prime Minister more

28 ian 2013

Romania will introduce copayment in the healthcare sector starting March and patients will pay a modest fixed amount depending on services provided, excluding emergency services, according to the more

28 ian 2013

Romania’s government has pledged to sell a majority stake in state-run freight rail company CFR Marfa by mid-May, with the deal to be complete once “all conditions in the sale-purchase agreement more

28 ian 2013

A 27.12% stake in Romanian grain producer Comcereal Vaslui (CCEV.RO), similar to the stake held by investment fund SIF Moldova (SIF3.RO), was traded on the Bucharest bourse Monday morning for 4.75 more

28 ian 2013

Romania’s central bank capped its repurchasing operation for the 17th consecutive time Monday, but raised the repo ceiling to 9 billion lei (EUR2.06 billion), from RON6 billion a week earlier. more

28 ian 2013

The Bucharest stock market was down in early trade Monday, with the shares of state-run chemical plant Oltchim Ramnicu Valcea (OLT.RO) falling steeply for the third consecutive day after the plant's more

28 ian 2013

The Romanian leu opened lower against the euro on Monday morning, trading above 4.38 units and staying in line with the weakening trend of regional currencies. more

28 ian 2013

Romanian state-owned passenger railway carrier CFR Calatori will organize a new auction on January 31, at the Romanian Commodities Exchange, to purchase 20,000 tons of Euro 5 diesel fuel for 78.4 more

28 ian 2013

Romanian companies expect the construction sector will continue decline in the first quarter of the year compared with the previous three months, while activity in retail and services will be mildly more

28 ian 2013

Romanian housing permits fell 4% on the year to 37,863 units in 2012, the country’s statistics institute said Monday. more

28 ian 2013

Romania’s total assets reached 806 billion lei (around EUR185 billion) at the end of September 2012, according to data published in the Government’s report regarding the 2013 state budget. This is more

28 ian 2013

Romanian automaker Dacia manufactured a little more than 307,000 cars in 2012 at its plant in Mioveni, southern Romania, down 6% from 2011, the second year of production decline. more

28 ian 2013

Renewable energy producers in Romania collected more than EUR310 million in green certificates in 2012, through the government support scheme, which is three times more than they got in 2010. more

25 ian 2013

Romania’s leu was slightly down against the euro in late trade Friday, helped by growing foreign currency demand from corporate clients, and closed around 4.365 units. more

25 ian 2013

The Bucharest stocks closed up 0.2% Friday, in an apathetic market, but the shares of state-run chemical plant Oltchim Ramnicu Valcea (OLT.RO) were down 15% for the second consecutive day after the more