23 aug 2013

Romanian power grid operator Transelectrica (TEL.RO) plans bond issues of up to 900 million lei (EUR203.1 million) in 2013-2017, both in lei and in foreign currency. more

23 aug 2013

Romanian regional investment fund SIF Moldova (SIF2.RO) wants to share control of SIF Muntenia (SIF4.RO) with SIF Crisana-Banat (SIF1.RO) by acquiring 50% of Muntenia Invest, the manager of SIF more

23 aug 2013

The Bucharest stock market closed slightly up Friday and the bourse’s liquidity was lifted again by investment fund Fondul Proprietatea (FP.RO). more

23 aug 2013

Romanian electric and electronic equipment maker Electromagnetica Bucuresti (ELMA.RO) wants to buy more micro-hydro facilities or build new units in an investment of up to EUR10 million. more

23 aug 2013

E.ON Gaz Distributie, a Romanian unit of German utility E.ON, will organize an auction on September 12 to insure its 1,200 vehicles, and the value of the contract, to be valid for four years, is more

23 aug 2013

Property firm Atrium European Real Estate said Friday its net rental income from the Militari Shopping Center in Bucharest increased 5.3% to EUR3.4 million in the first half of 2013, from EUR3.2 more

23 aug 2013

Oil product transmission system operator Conpet Ploiesti (COTE.RO) will move from RASDAQ to the first tier of the Bucharest Stock Exchange, after the Financial Supervisory Authority (ASF) has recently more

23 aug 2013

Romania ranks 15th among the most important markets for Spain’s Inditex group, the owner of Zara, the world’s leading fashion retailer by revenue (EUR16 billion last year). more

22 aug 2013

Romania’s Financial Supervisory Authority, or ASF, decided Thursday the shareholders of real estate developer Impact Developer&Contractor (IMP.RO) must take a new decision regarding the reduction of more

22 aug 2013

Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) reduced loss to 6.7 million lei in the first half of 2013, from RON23.3 million in the similar interval a year ago. more

22 aug 2013

The Bucharest stock exchange closed slightly up Thursday and the Bucharest Stock Exchange (BVB.RO) closed up 2.21%, at 24.02 lei (EUR5.4) a share, the highest level since September 10, 2012, a day more

22 aug 2013

Romania’s antitrust authority said Thursday it carried out checkups at ten grain traders in an investigation concerning possible anti-competitive practices. more

22 aug 2013

Stejarii Country Club, developed by Romanian businessman Ion Tiriac in Baneasa Forest in northern Bucharest, will be completed this fall following an investment worth about EUR18 million. more

22 aug 2013

Sporting goods retailer Intersport will open three stores in shopping centers and retail parks by the end of the year as it prefers to avoid street front retail space because high rent and low traffic more

22 aug 2013

EDP Renovaveis, the renewable energy division of Energias de Portugal, one of the biggest investors in green energy in Romania, continues the development of wind and solar parks and currently has more

21 aug 2013

The managing board of Romanian dairy product maker Albalact (ALBZ.RO) is seeking shareholders’ approval to redeem 19.67% of the shares. The stake is valued on the stock market at 19.8 million lei more

21 aug 2013

Romania’s privatization authority AAAS will take over the debts of insolvent engine manufacturer UCM Resita (UCM.RO) to tax authority ANAF and will cede a part of the manufacturer’s assets through more

21 aug 2013

Romania’s leu fell slightly against the euro in late trade Wednesday and finished the session at 4.4440/4.4450 to the euro, amid low volumes. more

21 aug 2013

The Bucharest stock exchange closed down Wednesday amid reduced appetite for transactions. more

21 aug 2013

Millennium BCP, Portugal’s largest listed bank, will sell Millennium Bank Romania and will exit the local market, people familiar with the matter told Mediafax Wednesday. more

21 aug 2013

U.S. media group Central European Media Enterprises (CME), which owns Pro TV in Romania, said Wednesday Adrian Sarbu has resigned as president and Chief Executive Officer of the company. more

21 aug 2013

Romania will increase the budget of a de minimis state aid scheme targeting small and medium-sized enterprises (SMEs) which make investments and create new jobs from 400 million lei (EUR89.8 million) more

21 aug 2013

Romania’s Financial Supervisory Authority, or ASF, Wednesday approved the appointment of Ludwik Sobolewski to the position of general manager of the Bucharest Stock Exchange, ASF vice-president more

21 aug 2013

The 100 largest companies controlled by Romanian entrepreneurs are over-indebted and would need EUR5.6 billion in fresh capital in order to reach European average indebtedness indicators in the more

21 aug 2013

The 40 largest pharmaceutical producers in Romania (which includes those making veterinary care products) posted aggregate revenues of EUR671 million in 2012 and employed 8,166 people, according to ZF more