11 sep 2013

Renault’s plant in Tangiers, Morocco, is now as competitive as the Dacia plant in Mioveni, Romania, less than two years after opening and will become even more competitive than its rival. more

11 sep 2013

Regional investment fund SIF Moldova (SIF2.RO) has invested about 12 million lei (EUR2.7 million) in the shares of Canada-based Gabriel Resources expecting its gold mining project in Rosia Montana in more

10 sep 2013

Romania’s telecom market regulator ANCOM said Tuesday it wants to organize an auction next year to grant licenses for radio frequencies in the 3,400 MHz-3,800 MHz band, which may be used for data more

10 sep 2013

All documents concerning the gold mining project in Rosia Montana, western Romania, will be declassified and made public by Minister-delegate for Infrastructure Projects Dan Sova Wednesday, Romanian more

10 sep 2013

The Bucharest stock market closed slightly up Tuesday and investors were interested only in few issuers, especially Fondul Proprietatea (FP.RO), Banca Transilvania (TLV.RO) and SIF Transilvania more

10 sep 2013

The European Bank for Reconstruction and Development (EBRD) is providing a loan worth 57 million lei (EUR13.6 million) to co-finance a Romanian EU-funded regional investment program of EUR150.28 more

10 sep 2013

The volume of farmland transactions in Romania will increase next year not as a consequence of liberalizing the land market but as a result of this segment’s development, Radu Ionescu, managing more

10 sep 2013

Small investors subscribed 2.3 times more shares than they are offered at an initial public offering for 10% in state-run nuclear power producer Nuclearelectrica, and the sum allotted by players on more

10 sep 2013

The Romanian Chamber of Deputies Tuesday approved a bill allowing for stray dogs to be euthanized if they are not adopted in 14 days after being sent to pounds. more

10 sep 2013

Most analysts estimate the Nuclearelectrica offering will close at a price near the minimum of the subscription interval (11.2-15 lei per share), but analysts’ estimates differ as to the evolution more

10 sep 2013

Dusan Wilms, one of the most important executives in local retail, who runs the Romanian operations of Metro Cash&Carry, says the aggressive expansion of hypermarket and supermarket chains is more

10 sep 2013

Ecopaper Zarnesti, a manufacturer of paper for corrugated cardboard owned by businessman Vladimir Cohn, posted revenues of over 62.1 million (EUR13.7 million) in the first half of 2013, up 21% on the more

10 sep 2013

The Henri Coanda International Airport in Otopeni, Romania’s largest airport, served 3.5 million passengers in the first half of 2013, about 1% more on the year. more

10 sep 2013

Moshe Greidinger, CEO of Cinema City International, the most extensive cinema chain in Romania, present in 15 shopping centers, hopes that within five years the number of tickets sold on the cinema more

9 sep 2013

South-African investment fund NEPI raised about EUR45 million through an accelerated book build which opened Monday, and the money will be used to develop shopping center Mega Mall in Bucharest and more

9 sep 2013

Canada’s Gabriel Resources, which holds 80.69% in a joint-venture developing the gold mining project in Rosia Montana, said Monday it will assess all possible actions, including legal proceedings, more

9 sep 2013

The combined net assets of Romanian open-end investment funds climbed 2.1% on the month to 10.711 billion lei (EUR2.3 billion) in August, data from the local Association of Asset Managers, or AAF, more

9 sep 2013

Small investors have subscribed in the first eight hours of trading some 86% of the share package they are offered at an initial public offering for 10% in state-run Nuclear power producer more

9 sep 2013

The only solution to the gold mining project in Rosia Montana, western Romania, is for the plan to be rejected with urgency by the Senate and the Chamber of Deputies and “that’s that,” Prime more

6 sep 2013

Romanian chemical company Oltchim (OLT.RO) needs some EUR15 million for urgent technological investments, Economy Minister Varujan Vosganian said Friday, adding that the state-run company, which more

6 sep 2013

Stefan Gheorghita, who has been running the Romanian operations of French certified seeds producer Caussade Semences over the past five years, will quit the company to focus only on his business, a more

6 sep 2013

Grain trader Alfred Toepfer International, controlled by U.S. corporation ADM, sees Romania’s corn production at about 10 million tons in 2013, 83% higher on the year. more

6 sep 2013

The Bucharest stock market was still lacking luster Friday morning as investors remained cautious and volumes were low. more

6 sep 2013

French DIY retailer Leroy Merlin, which owns one store in Romania, in retail park Colosseum in Chitila, near Bucharest, registered turnover of EUR21 million locally in 2012, according to data obtained more

5 sep 2013

The Bucharest stock markets closed down Thursday for the third straight session amid still low volumes. more