28 dec 2011

To join the Romanian social health insurance system, private insurers must be authorized by the Insurance Supervision Commission, must have signed up at least one million clients, with premiums worth more

28 dec 2011

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28 dec 2011

Romanian overdue private loans rose 2.8% on the month to 21.9 billion lei (EUR5.1 billion) in November, equal to 9.7% of the total lending, central bank data showed Wednesday. more

28 dec 2011

Romania’s telecom regulator ANCOM will organize in the first half of 2012 an auction to grant mobile telephony licenses for radio frequencies in the 900 MHz and 1,800 MHz bands, currently used by more

28 dec 2011

The Romanian leu gained further versus the euro mid-session Wednesday, and the central bank set the leu’s reference at 4.2875 units, the strongest in three months. more

28 dec 2011

Drug sales in Romania could exceed EUR2.4 billion this year, up 6.4% on the year, according to ZF estimates based on data from market research company Cegedim. more

28 dec 2011

Romania's new healthcare bill, now up for public debate, introduces private health insurance houses and allows hospitals to operate as foundations or commercial companies. more

28 dec 2011

The licenses of Romanian mobile telephony operators will be extended by at most one year and operators will have to pay EUR6.4 million each, Communications Minister Valerian Vreme told MEDIAFAX more

28 dec 2011

Diesel oil prices will rise by 2% following the increase of excise duties on diesel fuels starting 2012, Romanian Finance Minister Gheorghe Ialomitianu said Tuesday evening. more

27 dec 2011

Romania’s green certificate market is expected to triple in value next year, to EUR300 million, following a strong increase in renewable energy production, according to data from local energy more

27 dec 2011

Foreign realty investors contributed EUR120 million, in the first nine months of the year, to the share capitals of companies they own in Romania, compared to EUR395 million in the same interval of more

27 dec 2011

Raising the excise tax on diesel oil and property taxes for companies that failed to reevaluate their buildings over the past years are some of the provisions stated in Romania’s new Tax Code to more

27 dec 2011

Romania's private lending rose 0.8% in real terms to 223.8 billion lei (EUR52.15 billion) in November from a month earlier, central bank data showed Tuesday. more

23 dec 2011

Maintaining a prudent fiscal policy in the medium term and evidence of accelerating economic growth may prompt a positive revision of Romania’s sovereign ratings in the future, Moody’s Investors more

21 dec 2011

The mutual fund administrators are preparing to end the year with 1 billion lei (about EUR230 million) in new funds and with over 11,500 new investors, a performance achieved during extremely more

21 dec 2011

Romania’s grain output is estimated at 11.4 million tons, up 27% on last year, according to the data of Cocereal, an European organization of grain traders. The traders’ estimate is one million more

21 dec 2011

The Romanian state’s goods and services expenditure equal investment expenses, while the situation is different when it comes to EU-funded contracts, which proves European norms impose greater more

20 dec 2011

The gas supply of chemical plants and power producers, with consumption of more than 30,000 cubic meters per hour, will be limited or ceased in case of force majeure, which will also include a 20% more

20 dec 2011

Romanian railway administrator CFR SA on Thursday will organize an open outcry auction to lease ten sections of the public railroad network in Bucharest, Brasov and Iasi. more

20 dec 2011

Romania's energy market might be linked to its counterparts in the Czech Republic, Slovakia and Hungary, state-owned power grid operator Transelectrica (TEL.RO) said Tuesday. more

20 dec 2011

Romania’s leu lost its earlier gains versus the euro by midday Tuesday, but the central bank’s reference strengthened slightly to 4.3125 units, a new record high in the past two months. more

20 dec 2011

November kick-started a genuine revolution in green energy, as this is the first month when the support scheme for green energy became fully operational after a three-year wait for investors in the more

19 dec 2011

Romanian new passenger car sales fell 10.5% on the year to 89,032 units in January to November, from 99,572 units in the year-earlier period, the Automotive Manufacturers and Importers Association, or more

19 dec 2011

The black market of cigarettes in Romania increased to 15% in November from 11.8% in September, according to research company Novel. more

19 dec 2011

Romania’s leu extended early gains versus the euro by midday Monday and the central bank’s reference strengthened 0.6% to 4.3146 units, the strongest rate in two months. more