21 dec 2012

Romania's unemployment rate stood at 6.8% in the third quarter, slightly down from 6.9% in the previous quarter, seasonally adjusted data from the statistics institute INS showed Friday. more

21 dec 2012

Old apartment prices in Bucharest fell by about 3% this year, according to real estate portal imopedia.ro. more

20 dec 2012

Romania’s new government intends to replace the "First Home" program with the "New Home" one, which will only facilitate the acquisition of new homes. more

20 dec 2012

Romania’s new government program mostly targets projects unaccomplished by the former executives over the last 10 years, and aims to reinstate an authority with tasks in the sector of energy more

20 dec 2012

The Bucharest stock exchange rose slightly Thursday, lifted by good performances of BRD-Groupe Societe Generale (BRD.RO) and OMV Petrom (SNP.RO). more

20 dec 2012

The list of Romanian minister nominees sent to the Parliament Thursday includes nine minister-delegate portfolios instead of six, as officially announced Wednesday. more

20 dec 2012

The governing program announced by Romania’s new Executive targets to gradually increase the minimum wage to 1,200 lei (EUR268) until 2016. more

20 dec 2012

Romania’s new Government will restructure tax authority ANAF, the Financial Guard and the customs authority in 2013-2016 and will set up a supervision and audit council made up of European Union more

20 dec 2012

Romania’s Finance Ministry on Thursday sold three-year bonds of 3.4 billion lei (EUR760 million), much higher than its RON300 million target, as the average yield fell to 6.14% from 6.61% at the more

20 dec 2012

Romania’s banking system is expected to stabilize next year, after losses registered in 2010, 2011 and the first nine months of the year, but a broader recovery seems unlikely given expectations of more

20 dec 2012

The Romanian leu returned to the opening values in late trade Thursday in a quiet market, with lower volumes than in the previous sessions. more

20 dec 2012

Austrian real estate investment firm Immofinanz said Thursday it registered rental revenues in Romania of EUR23.6 million between May 1 and October 31, up 8% on the same period a year ago more

20 dec 2012

Political changes in Romania have turned upside down the calendar of the Bucharest General Council, prompting it to delay by more than six months the conclusion of many land transactions, real estate more

20 dec 2012

The Bucharest Stock Exchange Thursday suspended from trading the shares of the five regional investment funds SIFs and of Fondul Proprietatea (FP.RO) to announce the amendment of some regulations by more

20 dec 2012

Romania is ranked third in the European Union regarding the share of low-wage earners among employees (25.6%) in 2010, after Latvia (27.8%) and Lithuania (27.2%), official data showed Thursday. more

20 dec 2012

Hungary’s oil and natural gas company MOL said Thursday it invested about EUR1.3 million in a new gas station in Romania, expanding its local network to 135 units. more

20 dec 2012

Greek group EFG Eurobank, the owner of lender Bancpost and other local financial companies, registered a loss of EUR27.3 million in Romania in the first nine months of 2012, from a negative result of more

20 dec 2012

The Romanian leu traded in a narrow range in the first half of Thursday session, and the central bank's reference rate strenghtened slightly to 4.4762 units. more

20 dec 2012

The Romanian Government will approve an emergency ordinance amending the Tax Code, which allows mayors to decide whether to increase local taxes and duties by indexing with the inflation rate for the more

20 dec 2012

Romania’s Government has postponed for a year, until end-2013, the granting of social coupons for the education of preschoolers in low income families and the granting of EUR500 for each newborn. more

20 dec 2012

The Romanian leu traded around 4.47 units versus the euro Thursday morning, in a quiet market with very low traded volumes. more

20 dec 2012

The 900 cow farm that Israeli-held dairy company Tnuva had in Adunatii Copaceni (south of Bucharest) was bought by Romanian businessman Marin Boraciu and Valentin Istrate, the farm veterinarian. more

19 dec 2012

Hotel Cismigiu in Romanian capital city Bucharest was reopened Wednesday after 17 years of being closed down, following a EUR15 million investment made by Spanish developer Hercesa. more

19 dec 2012

Romanian lenders may have to make additional loan-loss provisions of some 3 billion lei (over EUR600 million) following a reevaluation of their loan guarantees, according to market sources. more

19 dec 2012

Romanian carmaker Dacia, owned by France's Renault, will suspend production for two days on January 3-4 to avoid overstocking, the carmaker said in a statement Wednesday. more