13 aug 2012

Romanian foreign direct investment, or FDI, were down 28.9% on the year to EUR625 billion in the first half, central bank data showed Monday. more

13 aug 2012

Romania's current account deficit narrowed to EUR2.4 billion in the first half of 2012, from a gap of EUR3.4 billion a year earlier, largely due to a higher current transfer surplus, central bank data more

13 aug 2012

RCS&RDS SA, one of the largest telecom operators in Romania, controlled by businessman Zoltan Teszari in Oradea, took out on August 9 a maximum EUR25 million loan from Citibank Romania, according to a more

13 aug 2012

The financial crisis over the past three years has “brought down” many malls, housing projects and store chains, as well as tens of plants operating in the food, industrial and construction more

10 aug 2012

The International Monetary Fund, the European Commission and the World Bank told the Romanian Parliament's committee for budget and finance that, for the time being, they do not agree with reducing more

10 aug 2012

More than a quarter of the 300 largest companies in Romania by turnover recorded losses last year, with 44 of them posting losses of over EUR10 million, reveals a ZF analysis. more

9 aug 2012

Romania's Government has asked the International Monetary Fund to agree to delaying the introduction of copayment in healthcare, people close to the matter told MEDIAFAX, adding that the Fund's more

9 aug 2012

Charging healthcare contributions as a share of the national average wage for employees earning less will encourage illicit labor, layoffs and restrict the hiring of young graduates, especially in the more

9 aug 2012

Romanian government has revised down its economic growth forecast to 1.2% in 2012 from 1.5% previously, according to a draft of this year’s first budget revision obtained by Mediafax. more

3 aug 2012

The Government will start talks this autumn over a state aid scheme for small and medium-sized enterprises in the IT sector, after this week it approved EUR100 million in aid for the large companies more

3 aug 2012

Agro Chirnoghi, part of the Maria group controlled by a group of Lebanese businessmen, has, thanks to irrigation, managed to obtain an average production of 5 tons of wheat per hectare, down by a more

2 aug 2012

OMV Petrom (SNP.RO) has completed the trials of its thermal power plant at Brazi, meaning the plant can begin supplying energy to the market, the company announced Thursday. more

2 aug 2012

Over 800,000 telephone numbers were ported in Romania between October 2008 and end-July 2012, more than half of them in mobile networks, according to the data of telecom regulator ANCOM. more

1 aug 2012

Romanian foreign exchange reserves fell slightly to EUR32.14 billion in July, from EUR32.96 billion a month earlier, central bank data showed Wednesday. more

1 aug 2012

Romania’s leu inched lower against the euro Wednesday, nearing 4.59 units amid low traded volumes. more

31 iul 2012

The inflow of foreign real estate investors to the share capital of their Romanian units halved at EUR86 million in the first half of 2012, compared with EUR150 million during the same period a year more

31 iul 2012

Romania's unemployment rate fell slightly in June to 7.6%, from 7.7% a month earlier, seasonally adjusted data from the statistics institute INS showed Tuesday. more

31 iul 2012

The revenue of the brokerage firms dropped to one third of the 2007 level last year, while asset managers’ rose 2.4 times. The 21 asset managers collected 96 million lei (EUR21 million) compared more

30 iul 2012

The apparent survival of Romania’s suspended president Traian Basescu in Sunday’s referendum could throw the country deeper into political turmoil, most likely pushing the leu to new record lows more

30 iul 2012

International agri-food companies Bunge and Prio Foods on Monday said they have signed an agreement to merge the vegetable oil facilities they operate in Romania. more

30 iul 2012

Romania's central bank Monday added 12.08 billion lei (EUR4.6 billion) to the money market in a one-week repurchase agreement operation at an interest rate of 5.25% a year, equal to the monetary more

27 iul 2012

Romania’s 2012 wheat production amounts to 4.7 million tons, down from 5.79 million tons last year, Agriculture Minister Daniel Constantin said Friday. more

26 iul 2012

The operators are worried that they might under be audio and video surveillance without knowing it at the headquarters of the communications market watchdog, ANCOM, in Bucharest. The questions ANCOM more

25 iul 2012

Volkswagen and Opel were leaders on the Romanian second-hand car market regarding the number of registrations in the first half of the year, according to Auto.ro. more

25 iul 2012

Happy Tour, Eximtur and Perfect Tour continue to be leading tour operators in Romania by sales registered last year, which increased 8% to 17%. more