27 aug 2015

Romania’s natural gas grid operator Transgaz (TGN.RO) plans to invest EUR200 million next year but the decision to begin work on its projects depends on it securing the co-financing from the EU for more

21 aug 2015

Romanian natural gas transmission company Transgaz (TGN.RO) expects a lower profit in 2015 compared with a year before, on its revenues being adjusted by energy regulator ANRE in order to transfer the more

20 aug 2015

Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO), owned by Ovidiu Tender, forecasts lower-than-forecasted revenue in 2015 on the backdrop of clients’ low level of investments and more

20 aug 2015

The market capitalization of Romanian aluminum smelter Alro Slatina (ALR.RO), majority owned by Vimetco group, exceeded 1 billion lei on the Bucharest Stock Exchange, the growth being fueled by the more

14 aug 2015

Romanian plastic systems maker Teraplast Bistrita (TRP.RO) saw its sales 18% higher in the second quarter of 2015, while the profit was twofold higher, despite an increase in the raw materials prices. more

13 aug 2015

Romanian shipyard Santierul Naval Orsova (SNO.RO), majority owned by three of the five SIFs, accomplished only 75% of the sales forecasted in the first semester, as one of the four ships built in more

12 aug 2015

State-run oil transporter Conpet Ploiesti (COTE.RO) reported a 7% higher profit in April to June, at 17.2 million lei, on the backdrop of savings with oil transportation by train. more

10 aug 2015

Vegetable oil producer Argus Constanta (UARG.RO), owned by SIF Oltenia, reported twofold higher revenue in the first semester of 2014, at 88 million lei, on sales increase. more

10 aug 2015

The Bucharest Stock Exchange (BVB) has the highest trading fees among the bourses in Central and Eastern Europe CEE but ranks last in the region by the value of transactions with shares in the first more

3 aug 2015

Swiss Capital ranked first among the most active brokers on the Bucharest Stock Exchange in January to July, with transactions up 81% on the month in July alone. more

31 iul 2015

Romania’s state-run gas producer Romgaz Medias (SNG.RO) will start the exploitation of a gas field in Slovakia in the last quarter of 2015, targeting a perimeter of which it holds a 25% stake and more

29 iul 2015

Romanian maritime port operator Socep Constanta (SOCP.RO) will invest EUR9.3 million in 2015, in buying cranes and a terminal-management software from Spanish Paceco, in an attempt to expand its more

27 iul 2015

Romania’s leading oil and gas producer OMV Petrom (SNP.RO), controlled by Austrian group OMV, is expected to post a net profit of almost 500 million lei in the second quarter of 2015, up 15% from more

23 iul 2015

Rompetrol, the second leading player on the local oil industry, and Canada’s Serinus Energy asked for the extension by three years of the exploration license of a natural gas perimeter in Romanian more

21 iul 2015

Boromir Prod Buzau (SPCU.RO) will decide in stockholders’ meeting September 9 on taking a 18 million lei loan from ING Bank for investments and on opening an overdraft line worth RON6.8 million for more

21 iul 2015

Romanian oil and gas pipe maker Condmag Brasov (COMI.RO), owned by businessman Gheorghe Calbu¬rean, has officially entered insolvency and suspended its shares from trading as of July 20, after the more

15 iul 2015

Romanian poultry producer Avicola Slobozia (AVSL), does no longer want to be delisted from RASDAQ market and will attempt to transfer on the alternative AeRO market. more

13 iul 2015

Romanian oilfield equipment maker Upet Targoviste (UPET.RO) aims to supply drilling equipment to Romanian companies involved in Iraq projects, with a lucrative oil production due to small costs of more

13 iul 2015

Consultancy company Ernst & Young (EY) will draft, over the next six months, a performance-based bonus system for the middle management of Romanian state-run gas producer Romgaz Medias (SNG.RO). more

9 iul 2015

Businessman Valentin Norbert Tarus, the majority shareholder of pharmaceutical wholesaler Farmaceutica Remedia (RMAH.RO,) wants to attract new investors into the company or look for opportunities for more

8 iul 2015

Rainer Seele, the new CEO of Austria’s OMV group, stepped in on Tuesday as president of the Supervisory Council of Romania’s only oil and gas producer Petrom (SNP.RO), replacing Gerhard Roiss. more

7 iul 2015

The Bucharest Stock Exchange (BVB) will allow brokers to get a higher profit from the “market making“ services and will decrease fees for such transactions in order to help them grow the daily more

7 iul 2015

Nuclear power producer Nuclearelectrica (SNN.RO) expects its 2015’s net profit to plunge 72%, hitting a three-year low, due to the small selling price of the electric power and high expenses with more

6 iul 2015

An investment fund with assets of over $900 billion (nearly EUR810 billion) may buy a minority 25% stake in Polisano drug wholesaler, part of the Sibiu group of the same name, according to company’s more

6 iul 2015

Romanian insolvent hydropower producer Hidroelectrica will not be listed on the stock exchange while it is still under insolvency as the price would be too low, according to the Economy Minister more