13 oct 2011

EDP Renovaveis (EDPR), the renewable energy division of Portuguese group Energias de Portugal, has completed another wind farm in southeast Romania, following an investment of EUR100 million. more

13 oct 2011

Romania’s leu lost early gains versus the euro by midday Thursday, but the central bank’s reference won 0.16% on the day to 4.3148 units, from 4.3217 units in the previous session. more

13 oct 2011

Romanian foreign direct investment, or FDI, fell 52% to EUR1.12 billion in the first eight months, from around EUR2.35 billion in the year-earlier period, the central bank said Thursday. more

13 oct 2011

Romania's current account deficit narrowed 19.7% to EUR3.29 billion in the first eight months, from a gap of EUR4.1 billion in the year-earlier period, due mainly to a lower trade deficit and an more

12 oct 2011

Romania's Government on Wednesday approved the ordinance providing state aid through green certificates for renewable energy production, after repeated complaints about delays from business more

12 oct 2011

The owner of Ameropa Grains (CCRL.RO), the sole cereal trader listed on the Bucharest Stock Exchange, has recently launched an offer to buy 4% of the company’s shares, in view of delisting. more

12 oct 2011

The Romanian Competition Council fined 7.8 million lei (about EUR1.8 million) medicine producers Baxter and Belupo and their distributors for sealing antitrust agreements impeding medicine exports. more

12 oct 2011

In retail, old Romanian brands such as Brifcor, Eugenia and chocolate bar Rom managed to stand the test of time and be prominent on store shelves even today. The same happened in the case of brands more

11 oct 2011

Romania last year had the highest number of agricultural holdings in the European Union, nearly four million or 32% of the total, but was among the states with the smallest holdings by average area, more

11 oct 2011

Romania collected revenues of EUR1.27 billion from tobacco excises in the first nine months of the year, up 38% compared to the same period last years, Sorin Blejnar, head of the tax authority ANAF more

11 oct 2011

The Romanian leu extended early losses against the euro in mid-trade Tuesday, and the central bank computed a reference rate of 4.3312 units, 0.6% weaker on the day. more

11 oct 2011

The Romanian leu opened down against the euro Tuesday, and extended its loss in the first hour of trading, as the currencies in the region depreciated following a weak start of the European stock more

11 oct 2011

Romanian consumer prices fell for the fourth straight month in September, as food prices continued to drop, while the annual inflation eased to 3.45%, the lowest rate since the end of the communist more

11 oct 2011

The flawed state management translates into losses of EUR1.3 billion each month (EUR18 billion per year) as Romania lacks three main abilities: the skill to attract EUR400 million that it should take more

11 oct 2011

Over 10,000 Romanians joined the ranks of those with overdue bank loans in August, after the number of people falling behind with their payments had gradually gone down over three months. more

10 oct 2011

Online card payments in Romania in the first nine months grew 11% on the year, to EUR121.4 million, according to data of Romcard, cited by e-commerce solutions provider ePayment in a press release. more

10 oct 2011

Romania’s trade deficit was EUR6.148 billion in the first eight months of 2011, barely changed from EUR6.145 billion in the year-earlier period, the country’s statistics institute INS said Monday. more

7 oct 2011

● Private clinics have doubled their number of doctors over the past five years ● How many doctors are leaving the public healthcare system ● Romania’s Health Ministry has no idea how many more

7 oct 2011

The Bucharest bourse closed sharply higher Friday, shrugging off losses at the start of the week, with blue-chips leading the gains. more

7 oct 2011

Romania's Regional Development and Tourism Ministry has awarded three new contracts for road modernization in the counties Hunedoara, Timis, Arad, Bihor, Tulcea and Galati, worth a total 1.4 billion more

7 oct 2011

Despite a decline in overall confidence in the global economy, over 60% of Romanian companies said that they plan to add new jobs in the short term, according to a survey from Regus Plc. more

7 oct 2011

The Romanian car market will drop in single digits this year compared to 2010, mainly due to lack of financing, according to car dealers polled by MEDIAFAX. more

7 oct 2011

After the wave of foreclosures and real estate development bankruptcies in the last two years, local banks have come to hold office buildings, apartments and plots valued at nearly EUR1 billion in more

6 oct 2011

Romanian power output rose 3.5% on the year to 15.64 million tons of oil equivalent in the first eight months, fueled by higher production in most sectors, official data showed Thursday. more

5 oct 2011

Romanian banks might have to shift focus from retail to corporate in order to balance out lending slowdown and grow their business, central bank’s deputy governor Cristian Popa said Wednesday. more