13 nov 2013

What are the new profits that can be made in the residential sector? Business Construct magazine sought an answer to this question by talking to the developer, the constructor and the project manager more

12 nov 2013

Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) registered net profit of 39.7 million lei (EUR9 million) in the first nine months of 2013, up 28% on the year. more

12 nov 2013

Romanian building materials maker Prefab (PREH.RO) Tuesday reported turnover of 55 million lei (EUR12.5 million) for the first nine months of 2013, up 10% from RON50 million in the similar interval a more

12 nov 2013

Romania’s agency for mineral resources ANRM last week approved the increase by 5.44% of the oil transport fee applied by state-run oil transporter Conpet Ploiesti (COTE.RO). more

12 nov 2013

The combined net assets of Romanian open-end investment funds climbed 3% on the month to 11.45 billion lei (EUR2.57 billion) in October, the local Association of Asset Managers, or AAF, said Tuesday. more

12 nov 2013

Tax revenues in Romania will increase by 5 billion lei (EUR1.12 billion) next year following tax system changes, which include widening taxable income and the health insurance contribution base and more

12 nov 2013

The shares of Romgaz Medias (SNG.RO), the largest and most profitable company controlled by the Romanian state, start trading this Tuesday on the Bucharest stock exchange, with most brokers and more

11 nov 2013

Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) registered turnover of 101.7 million lei (EUR23 million) in the first nine months of 2013, down 24% from RON134.1 million in the more

11 nov 2013

The Romanian Parliament’s special committee for the gold mining project in Rosia Montana, central Romania, Monday rejected the Government’s bill on gold exploitation in the region. more

11 nov 2013

Romanian nuclear power company Nuclearelectrica (SNN.RO) Monday reported turnover of 1.425 billion lei (EUR323.3 million) for the first nine months of 2013, up 19% on the year, and net profit of more

11 nov 2013

Romanian oil and gas equipment producer Armax Gaz Medias (ARAX.RO) Monday said it registered turnover of 27.8 million lei (EUR6.3 million) in the first nine months of 2013, down 48% from RON53.5 more

11 nov 2013

Romanian pharmaceutical company Biofarm (BIO.RO) said Monday it registered sales of 85.5 million lei (EUR19.4 million) in the first nine months of 2013, up about 11% on the year, and 7% higher profit more

11 nov 2013

The Bucharest stock market closed down Monday on low liquidity, secured mainly by investment fund Fondul Proprietatea (FP.RO). more

11 nov 2013

Romanian building materials producer AdePlast will continue a project to build a basalt fiber plant, for which it earmarked EUR5.2 million from its own revenue resources and contracted extra EUR7.1 more

11 nov 2013

Audit and consulting company KPMG registered revenues of EUR36.5 million in Romania and the Republic of Moldova in the fiscal year ended September 30, 2013, up 4% on the year. more

11 nov 2013

Romanians are among the most dissatisfied Southeastern European citizens with their country’s tax system and politicians, according to a survey conducted by market research company Daedalus. more

7 nov 2013

The Bucharest stock market closed down Thursday and investment fund Fondul Proprietatea (FP.RO) was in the spotlight again. more

7 nov 2013

A 0.84% stake in Romanian investment fund Fondul Proprietatea (FP.RO) was traded on the Bucharest bourse in a special deal Thursday for 93.9 million lei (EUR21.2 million). more

7 nov 2013

Romania registered the highest VAT gap in the European Union, of 42%, in the 2000-2011 interval, while the average VAT gap in EU was 17%, according to PwC. more

7 nov 2013

The application of a system whereby Romanian firms must pay value added tax upon cashing in invoices will become optional and the government will eliminate regulations obliging firms to pay the VAT in more

7 nov 2013

Hotel chain Starwood is in negotiations to enter Romania next year by rebranding the Howard Johnson hotel in Bucharest to Sheraton, people familiar with the matter told Mediafax Thursday. more

7 nov 2013

Romanian rolling stock maker voestalpine Vae Apcarom Buzau (APC.RO), owned by Austria's voestalpine, registered revenues of 90.7 million lei (EUR20.45 million) in the first nine months of 2013, up 37% more

7 nov 2013

Romanian mortgage lender BCR Banca pentru Locuinte (BCR BpL) has provided financing of over 100 million lei (EUR22.5 million) this year, double on the year, through 1,500 contracts. more

7 nov 2013

The Bucharest stock market opened down Thursday and oil company OMV Petrom (SNP.RO) secured almost one third of the bourse’s liquidity. more

6 nov 2013

The Bucharest stock exchange ended up Wednesday for the seventh straight session with investors focusing mainly on blue-chip stocks. more