22 ian 2013

The Bucharest stock exchange closed down Tuesday, with the shares of Transelectrica (TEL.RO) and Transgaz (TGN.RO) dropping almost 3% after the government announced intention to introduce a more

22 ian 2013

Romania’s leu weakened modestly against the euro Tuesday and closed just below 4.36 to the euro, amid low volumes. more

22 ian 2013

Sinovel Wind Group Co, China's largest wind turbine producer, aims to partner up with Romanian Faur plant, held by brothers Emil and Marius Cristescu, and start production in Bucharest. more

22 ian 2013

Romania’s Finance Ministry Tuesday raised EUR502.5 million at its first euro-denominated bond sale of 2013, more than thrice the planned amount, with the average yield dropping to a record low of more

22 ian 2013

Poland’s Telbridge will enter the Romanian call-center market by opening an office in northern Bucharest this spring, according to Jones Lang LaSalle, the company’s representative in the more

22 ian 2013

Romanian insurer Allianz-Tiriac Asigurari Tuesday said it named Virgil Soncutean, former member of Allianz Group OPEX management, as the company’s sales and distribution head, instead of Ileana more

22 ian 2013

Romania’s leu inched lower against the euro by midday Tuesday, while the central bank’s reference weakened for the third day in row to 4.3571 units, from 4.3481 units in the previous session. more

22 ian 2013

Romania’s planned tax on natural monopolies will reduce the financing capacity of companies and hinder new investments, GDF Suez Energy Romania said Tuesday. more

22 ian 2013

Users of Visa cards made 23.6% more transactions directly of the traders in Romania last year, accounting for 41% of all transactions, while the amount spent increased 23.5%, Visa Europe said Tuesday. more

22 ian 2013

The Romanian leu traded around 4.355 against the euro Tuesday morning, in a quiet market with low transferred volumes. more

22 ian 2013

The Bucharest stock market extended its losses in early trade Tuesday, after a decline of more than 1% in the previous session, dragged down by energy stocks. more

22 ian 2013

Romanian authorities’ enthusiasm regarding the economic growth has been tempered by discussions with the experts from the International Monetary Fund, the European Commission and the World Bank, more

21 ian 2013

Romanian farmers registering revenues from animal breeding, silviculture and pisciculture activities will pay a 16% tax from the annual net income, according to an emergency ordinance draft amending more

21 ian 2013

Romania’s government Monday revised down its economic growth forecast to 1.6% in 2013, from 1.8% initially, according to this year’s draft budget. more

21 ian 2013

The Bucharest stock exchange went down Monday, from a 10-month high reached Friday, in an apathetic market with liquidity mainly lifted by deals with shares of Fondul Proprietatea (FP.RO) and more

21 ian 2013

Romania’s leu retreated against the euro Monday and closed 0.3% weaker on the day, amid rising volumes. more

21 ian 2013

The Romanian Government will enforce additional taxes on companies that extract and sell natural gas on the local market, including the Black Sea perimeter, according to an emergency ordinance draft. more

21 ian 2013

Romania will raise the gross minimum wage from 700 lei (EUR161) to RON800 this year in two stages, people close to the matter told Mediafax Monday. more

21 ian 2013

Natural gas and energy transport companies in Romania will pay a “monopoly” tax applicable in the February 2013-December 2014 interval, according to a draft Government emergency ordinance. more

21 ian 2013

Romania’s Finance Ministry on Monday sold a planned 300 million lei (EUR69 million) in six-month treasury bills, at an average yield of 5.53% a year, lower than at the previous auction. more

21 ian 2013

Companies that exploit and extract natural resources other than natural gas in Romania will pay a special tax of 0.5% of their revenue, which will be applicable between February 2013 and December more

21 ian 2013

Romanian leading bank BCR, a unit of Austria’s Erste Group Bank AG (EBS.RO), estimates a pretax profit of 250 million lei (EUR57.5 million) for the full-year 2013, according to the lender’s more

21 ian 2013

The European Bank for Reconstruction and Development Monday revised downward its forecast on Romania’s economic growth to 1.4% in 2013, from 1.9% previously. more

21 ian 2013

Rebounding consumption and sustained investments may aid Romania’s economy to grow more than 1% in 2013, from around 0.7% estimated last year, according to estimates from Franklin Templeton more

21 ian 2013

Romania’s leu edged lower against the euro by midday Monday and the central bank’s reference weakened 0.2% to 4.3481 units, from 4.3373 units in the previous session. more