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Bucharest Bourse Dismisses Board Members
9 ian 2012
The shareholders of the Bucharest Stock Exchange Monday agreed with 68.5% of the votes to replace the bourse’s board members, participants in the meeting told MEDIAFAX. more
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Leu Exchange Rate Hits 5-Week Low Of 4.3532 Vs Euro
9 ian 2012
Romania’s leu traded in ranges against the euro by midday Monday, but the central bank’s reference lost 0.2% to 4.3532 units, the weakest rate in five weeks. more
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Romania Car Registrations Fell 13.6% To 81,709 Units In 2011
9 ian 2012
Romanian new car registrations fell 13.57% to 81,709 units in 2011, from 94,541 units a year earlier, Interior Ministry data showed Monday. more
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INS: Romania January-November Trade Gap Narrows To EUR8.64B
9 ian 2012
Romania’s trade deficit narrowed marginally to EUR8.64 billion in the first 11 months of 2011, from EUR8.69 billion in the year-earlier period, the country’s statistics institute INS said Monday. more
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Leu Dips Vs Euro, Exchange Rate At 4.3434
6 ian 2012
The Romanian leu stayed on a downward trend in the first part of Friday session, and the central bank announced an exchange rate of 4.3434 per euro, about 0.1% weaker on the day. more
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Headhunters Seek 50 Managers. Salaries Start At EUR2,000
6 ian 2012
Country manager for a fast-moving consumer goods multinational corporation, plant manager for a company in Moldova or HR manager for an IT&C company – these are but few of the jobs available on the more
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IMS Health: Pharmaceutical Market To Return To Double-Digit Growth In 2012
6 ian 2012
The Romanian pharmaceutical market might return to double-digit growth this year, after a 7% increase to approximately EUR2.56 billion in 2011, according to ZF estimates based on data provided by more
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BNR's Key Rate Cut Will Not Be Transmitted In Lending - Analysts
5 ian 2012
The rate cut announced Thursday by Romania’s central bank will not be felt in the loan interest rates applied by banks, since the measure does not improve liquidity in the system and the market more
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Top 20 Events To Follow In 2012
5 ian 2012
Ziarul Financiar suggests a list of 20 key events of the year that has just begun, from bourse listings and car launches to the opening of highways and sports competitions. 2012 will not see any more more
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Will The Bucharest Bourse Rebound In 2012? Brokers Recommend Defensive Stocks
4 ian 2012
The stock exchange started the year on Wednesday and investors hope to leave behind the unpleasant memory of the 2011 losses as soon as possible. But brokers are not very optimistic about the more
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More Than 2.5 Million Cars To Be Affected By New Pollution Tax
4 ian 2012
Voted by the Parliament on December 15, the new pollution tax that made Romanians rush to the car registration offices last month in order to avoid paying it has yet to come into force. The more
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Fund Managers Place Their Bets: Investment Recommendations For 2012
4 ian 2012
Mutual fund managers expect 2012 to be a much better year for the Bucharest Stock Exchange than 2011, predicting a moderate growth of 15% for the BET index and of 30% for BET-FI. However, they more
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Bankers See Leu At 4.3 Vs Euro At The End Of 2012
4 ian 2012
The Romanian leu will remain relatively stable this year, fluctuating between 4.25 to the euro and 4.35 to the euro, a slightly narrower interval than last year. However, there is also the risk of more
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Romania Forex Reserves Rise To EUR33.2B In 2011
3 ian 2012
Romanian foreign exchange reserves rose by almost EUR1.5 billion in December, to EUR33.19 billion, following inflows from the European Commission and a third tranche of a World Bank loan, central bank more
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Romania Records Best Wheat, Corn And Sunflower Crops In Five Years
31 dec 2011
The good weather conditions in 2011 helped wheat, corn, and sunflower crops increase by up to 30% to the highest level in five years. more
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Romania’s Public Debt Rises Despite Examples Of Devastating Consequences Thereof
30 dec 2011
The sovereign debt crisis that threatens to choke the euro zone and the entire European Union with it, calls for steps throughout the entire Europe to contain it by cutting government spending. In more
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Leu Falls Vs Major Currencies In Last Trading Day Of 2011, Exchange Rate At 4.3197 Vs Euro
30 dec 2011
The Romanian leu fell against the euro Friday, in the last trading day of 2011, and the central bank set the reference rate at 4.3197 units, 0.5% weaker on the day. more
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Cigarettes Make Up Almost Half Of Traditional Retail’s Revenue
29 dec 2011
The bulk of the revenue of traditional retailers in Romania, almost 46%, comes from sales of cigarettes. Non-food consumer goods except cigarettes account for merely 7.6% in the sales, which is lower more
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Romania To Punish Unfair Competition By Up To Five Years In Prison
29 dec 2011
Selling the results of experiments sent to the authorities to request authorization for pharmaceutical or chemical products may be punished by six months to five years in prison, under the Romanian more
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Romania Winds Up 2011 With 1,000 MW From Turbines
29 dec 2011
The capacity of operational wind farms in Romania has reached this year 1,009.5 MW, 40% higher than the capacity of reactor of the Cernavoda nuclear plant. Investments exceeded EUR1.5 billion if more
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Healthcare Bill: Emergency Care May Be Provided By Any Authorized Party
29 dec 2011
Any authorized operator may provide emergency and first aid services, to allow for more sources of financing and apply the principles of regulated competition, says Romania's new healthcare bill, now more
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Orange, Vodafone Have 30 Days To Pay Romanian GSM License Extension Fee
29 dec 2011
The Romanian Government decided mobile operators Orange and Vodafone have a month to transfer EUR6.4 million each to the state budget, or authorities’ decision to extend their GSM licenses, which more
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A Look Back On The First Year Of The IMF Precautionary Agreement
28 dec 2011
Romania sealed another two-year arrangement with the International Monetary Fund this spring, which it has so far treated as precautionary, as it has not drawn money from the amounts made available by more
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Which Companies Could Bring Investors Yields Higher Than Bank Interests
28 dec 2011
The most profitable state-run companies on the Bucharest stock exchange--Transgaz Medias (TGN.RO), Conpet Ploiesti (COTE.RO) and this year Transelectrica (TEL.RO) as well--could pay dividends of up to more
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Bucharest Office Market To Stabilize In 2012 - Consultants
28 dec 2011
The Bucharest office market will not see any significant changes in 2012, in terms of rent as well as in terms of delivered areas, according to real estate consultancy firms. more