7 ian 2013

The Romanian leu opened slightly up against the euro Monday, trading above 4.42 units in a quiet market with low transferred volumes. more

7 ian 2013

The Bucharest stock exchange lost steam in the first session of the week, after a strong start of the year. more

7 ian 2013

Romanian mandatory and voluntary private pension funds posted average yields of 10.5% and 9.96% last year, respectively, and reached total net assets of 10.23 billion lei (EUR2.3 billion) in December more

6 ian 2013

The Bucharest Stock Exchange witnessed the most significant increase of the last two years in the past month, as quotes beat last spring’s highs. The BET index rose 15% to an eighteen month high. more

4 ian 2013

The Bucharest stock exchange continued its flamboyant start of the year with yet another good performance Friday while the traded values were higher than the usual for this period. more

4 ian 2013

The Romanian leu stayed around 4.425 against the euro in late trade Friday, ending down the second session of the year, in line with the other currencies in the region. more

4 ian 2013

Romania’s national statistics institute INS considerably revised data on 2011 gross domestic product, affecting estimations for the GDP in 2012 and 2013 and other major indicators linked to it, more

4 ian 2013

The Romanian leu lost early gains and traded slightly down against the euro in the first half of Friday’s session, and the central bank set the official exchange rate at 4.4251 units, 0.2% weaker on more

4 ian 2013

The Romanian leu traded down against the euro on Friday morning, in a quiet market with low transferred volumes. more

4 ian 2013

The Bucharest stock market rose 1.4% Friday morning, amid improved traded values lifted mainly by investment fund Fondul Proprietatea (FP.RO). more

4 ian 2013

Tourist arrivals in Romania rose 8% in November 2012 from the year-earlier month, while overnight accommodations were up 2.2% on the year, the statistics institute said Friday. more

4 ian 2013

Romania’s industrial producer price index fell 0.9% in November compared with a month earlier, on decreasing prices in the mining and manufacturing sectors, the country’s statistics institute INS more

4 ian 2013

Shopping center Grand Arena in southern Bucharest went insolvent at the end of last year as a result of the petitions of three construction companies. “We don’t owe a single leu,” say the owners more

4 ian 2013

Almost 16,000 Romanians bought a house or an apartment on credit last year, but only one in ten chose a loan in Romanian lei. more

4 ian 2013

Romania dropped three positions in last year’s sales ranking of carmaker Dacia to sixth in Europe behind countries such as France, Turkey or Spain, according to the data of the European Automobile more

4 ian 2013

After four years during which the Romanian economy has remained under the threat of recession, it would be high time for the central bank to move away from its “wait and see” approach, says more

4 ian 2013

EDP Renovaveis (EDPR), the renewable energy division of Energias de Portugal, set off EUR50 million investments in solar photovoltaic systems in September 2012. more

4 ian 2013

Nestle, one of the world’s largest food industry groups, has appointed Herve de Froment to manage Romanian operations as of January 1, according to market sources. He previously worked for Nestle, more

3 ian 2013

The Bucharest bourse opened the year on a strong rising trend, supported by trades with Fondul Proprietatea (FP.RO) and Transelectrica (TEL.RO). more

3 ian 2013

The Romanian leu closed slightly above 4.415 against the euro Thursday, after a quiet session driven by hard currency sales made by non-residents, dealers said. more

3 ian 2013

Romania’s foreign currency reserves rose slightly in December but ended 2012 below previous year’s levels, central bank data showed Thursday. more

3 ian 2013

The Romanian leu kept its early gains against the euro in mid-trade Thursday, and the central bank’s exchange rate strengthened to 4.4153 units, an eight-month high. more

3 ian 2013

The Romanian leu rose against the euro at the start of 2013’s first trading session, as hard currency sales by non-residents prevailed. more

3 ian 2013

The Bucharest stock market was up 2% in early trade Thursday, while transactions with shares of investment fund Fondul Proprietatea (FP.RO) and power grid operator Transelectrica (TEL.RO) lifted the more

3 ian 2013

A team from the International Monetary Fund will visit Bucharest between January 15 and 29 to review Romania’s performance under a EUR3.6 billion stand-by agreement, the fund said in a statement more