11 mai 2012

Car leasing company LeasePlan Romania reported a turnover of EUR30.98 million in 2011, up 21% on the year, due to increasing interest for auto fleet management services, the company said Friday. more

11 mai 2012

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, Friday said its net profit fell 6% on the year to 3.2 million lei (EUR0.72 million) in the first quarter, more

9 mai 2012

GDF Suez Energy Romania, a unit of French-Belgian utility GDF Suez, will invest 126.7 million lei (EUR28.2 million) to upgrade its natural gas network in Bucharest, the company said Wednesday. more

9 mai 2012

Romania’s trade deficit widened to EUR1.69 billion in the first quarter, from EUR1.5 billion in the year-earlier period, the country’s statistics institute INS said Wednesday. more

7 mai 2012

Romania remains attractive for Western European employers in terms of salary costs thanks to its 16% flat-rate income tax, but loses ground in terms of social security contributions, which are much more

7 mai 2012

The World Bank is sending out a strong message to the international energy giants, which arrived in Romania via privatization processes, asking them to commit to significant investments and not just more

7 mai 2012

The Romanian leu traded in a narrow range in the first part of Monday trading session, and the central bank's reference rate weakened slightly to 4.4053 units, from 4.4044 units Friday. more

7 mai 2012

Romanian authorities plan to list minority stakes in key state-run energy and natural gas companies both on the Bucharest Stock Exchange and on international markets, economy minister-designate Daniel more

4 mai 2012

Romania’s consolidated budget posted its third consecutive monthly deficit in April, despite a record growth in revenue, official sources said Friday. more

4 mai 2012

Romania’s newly named government plans to impose a moratorium on shale gas exploitation until European Union-commissioned studies to assess possible environmental damage of hydraulic fracturing are more

4 mai 2012

The Cabinet proposed by Prime Minister-designate Victor Ponta plans to introduce a pilot-program to pay medical staff depending on performance, according to the governing program sent to Parliament in more

3 mai 2012

Romania’s leu traded in a narrow range against the euro by midday Thursday and the central bank’s reference strengthened 0.2% to 4.4078 units, from a record low of 4.4168 units a day earlier. more

3 mai 2012

Tourist arrivals in Romania rose 11.3% in the first quarter from the year-earlier period, while overnight accommodations were up 6.1% on the year, the statistics institute INS said Thursday. more

3 mai 2012

Romania’s industrial producer price index inched up 1% in March from a month earlier, largely fueled by a 1.3% increase in manufacturing prices, the country’s statistics institute INS said more

2 mai 2012

Romanian foreign exchange reserves fell slightly to EUR34.33 billion in April from EUR34.6 billion a month earlier, central bank data showed Wednesday. more

1 mai 2012

Average prices of old three-room apartments in Bucharest went up slightly in April for the second month in a row, to EUR78,400, an increase of 0.6% on the previous month, according to ZF’s real more

30 apr 2012

Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) Monday approved paying out a gross dividend of 2.5 lei (EUR0.568) a share from the 2011 profit, well below the RON8.08 a share dividend more

30 apr 2012

Renewable energy generators are headed for their best year ever on the local market, because the amounts collected in first three months of 2012, under the support scheme provided by the Romanian more

29 apr 2012

US oil group Chevron is allowed for a 30-year period to explore, develop and drill for shale gas on three Black Sea blocks, according to the agreements sealed between the Romanian state and Chevron, more

27 apr 2012

Romania’s leu closed a touch below 4.395 per euro at the end of a nervous session Friday during which it fell to an all-time low of 4.4 per euro shortly after the government was toppled in a more

26 apr 2012

Romanian mineral resources agency ANRM Thursday declassified a series of gas exploration contracts signed with US giant Chevron, after the latter agreed to make them public. more

26 apr 2012

U.S. oil group Chevron agreed to declassify the contracts signed with Romanian authorities, and the documents will be published Thursday, April 26, on the website of local mineral resources agency more

26 apr 2012

Almost 190,000 Romanians were earning more than 5,000 lei (over EUR1,140) in gross salary in October 2011, almost as many as in October 2008, even though the total number of employees went down by more

25 apr 2012

Retail spaces under construction in Romania stretch onto around 300,000 square meters, of which 170,000 sqm are to be delivered until the end of the year, real estate advisors Colliers said in a press more

25 apr 2012

Romania’s dominant oil company OMV Petrom (SNP.RO), controlled by Austria’s OMV, could build a second gas-fired thermal power plant, following the construction of an 860 MW plant in Brazi due for more