15 mar 2012

Almost 7,000 individual farmers together exploit 700,000 hectares of land, i.e. 8% of the arable land in Romania, according to data of the Agriculture Ministry. The business done by these people is more

14 mar 2012

The Romanian government will deregulate electricity tariffs for both industrial and household clients in several steps starting with this fall, as part of a stand-by loan agreement signed with the more

13 mar 2012

Romania's current account deficit narrowed to just EUR37 million in January from EUR139 million in the same month a year earlier, due mainly to the increase in current transfers surplus and the more

13 mar 2012

The shares of Romanian state-owned power grid operator Transelectrica (TEL.RO) were suspended from trading Monday morning, as authorities are about to approve the minimum and maximum prices used in more

13 mar 2012

Representatives of Deutsche Telekom, France Telecom and Vodafone Group will on Tuesday share their opinions on the hottest topic on the telecom market: the tender that will decide which carriers will more

12 mar 2012

Romania’s leu was stable against the euro by midday Monday and the central bank’s reference weakened modestly to 4.3558 units, from 4.3545 units in the previous session. more

12 mar 2012

Romania’s trade deficit widened to EUR462.8 million in January, from EUR211.3 million in the year-earlier month, the country’s statistics institute INS said Monday. more

12 mar 2012

Hardly any car was sold to an individual customer in January, while in February only several hundred were sold, companies on the Romanian auto market say. more

12 mar 2012

Investments in mutual funds rose to 170 million lei (about EUR39 million) in February, which shows a rebound of the market after the decline in the last quarter of 2011. more

9 mar 2012

Romania’s Finance Ministry has revised upward its forecast on the gross domestic product to around 609 billion lei (EUR140 billion) in 2012, from RON580 billion previously, state secretary Gheorghe more

8 mar 2012

Enel Green Power, a unit of Italy’s utility Enel, plans to add another 180 MW to its Romanian wind energy network in 2012, taking its installed capacity to around 450 MW, general manager Francesco more

8 mar 2012

Telemobil Romania, provider of integrated wireless communication services and mobile telephony services, might pay a fee of EUR1 million to have its license for 450 MHz frequency band extended by one more

8 mar 2012

German tourists who spend their vacation in Romania return home with the bulk of their travel budget unspent because Romania has no entertainment infrastructure, Toni Messerschmidt, owner of German more

8 mar 2012

This year started in full gear for renewable energy producers, as they got almost EUR27 million in their accounts in January from the green certificates received for generating power using wind, more

7 mar 2012

Romanian and Bulgarian women are the most exposed to poverty and social exclusion in the European Union, according to official data. more

7 mar 2012

Romanian industrial new orders rose 12.5% on the month in January, largely fueled by a 26.2% increase in intermediate goods orders, the statistics institute INS said Wednesday. more

7 mar 2012

Romanian energy output dropped 24.9% on the year to 2.57 million tons of oil equivalent in January, largely due to falling production in the hydropower sector, official data showed Wednesday. more

7 mar 2012

Monetary funds, the biggest mutual funds in Romania with total assets of more than 3.8 billion lei (almost EUR900 million), have less than six months left to decide whether or not they should remain more

7 mar 2012

Local banks’ hunger for euros combined with the cash injections of the Romanian central bank (BNR) have led to a spectacular situation on the banking market: interest rates on euro deposits have more

6 mar 2012

Enel Green Power, the renewable energy division of Italian utilities group Enel, has invested EUR330 million to build wind farms in Romania last year, the company said in its financial report Tuesday. more

6 mar 2012

Romanian carmaker Automobile Dacia, owned by French group Renault, on Tuesday made the official world debut of its multipurpose vehicle Lodgy, at the 2012 Geneva Motor Show, which will go on sale in more

6 mar 2012

The Romanian leu traded in a tight range against the euro in the first half of Tuesday's session, and the central bank's reference weakened slightly to 4.3537 units, from 4.3514 units in the previous more

6 mar 2012

The Romanian Government decided to keep the scrappage voucher granted under the cash-for-clunkers program at 3,800 lei (EUR873), and cap the program’s total budget at RON114 million, way below the more

6 mar 2012

Romanian gross domestic product grew at an annual rate of 2.5% in 2011, benefiting from a very good agricultural year and steady industrial performance, the country’s statistics institute INS said more

5 mar 2012

Romanian retail sales rose 3% in January from the previous month, the third largest increase in the European Union, official data showed Monday. more