12.17.2012

IT software developer Siveco Romania and National Bank of Moldova Monday announced the expansion of the computerized system for bank reporting, by developing over 50 new types of reports with more

11.14.2012

Romanian regional investment fund SIF Oltenia (SIF5.RO) Wednesday said its revenues increased 4.6% to 102.4 million lei (EUR23.1 million) in the first nine months, from roughly RON98 million a year more

11.01.2012

Romanian regional investment fund SIF Moldova (SIF2.RO) Thursday said its revenues increased by 68% to 226 million lei (EUR51 million) in the first nine months, from RON134.5 million a year earlier. more

10.05.2012

Romania’s planned natural gas pipeline linking the northeastern city of Iasi to Ungheni city in the neighboring Republic of Moldova will entail total costs of some 87.7 million lei (EUR19.2 more

09.05.2012

SIF Moldova (SIF2.RO) paid almost 60% of its dividends amounting to 114 million lei from last year’s profit to some of its shareholders, although it officially announced payment would start on more

08.23.2012

Romanian energy firm E.ON Moldova, a unit of Germany’s utility E.ON, will invest 44.3 million lei (some EUR10 million) to upgrade 26 transformer stations of its local network, the company said in a more

08.13.2012

Romanian investment fund SIF Moldova (SIF2.RO) Monday said its revenues almost tripled to 207.2 million lei (EUR47.2 million) in the first half, from RON74.7 million in the year-earlier period. more

07.17.2012

The pipeline linking the Romanian and Moldovan natural gas transport systems, between Iasi and Ungheni, will be operational by the end of next year, Romanian Prime Minister Victor Ponta and his more

05.30.2012

Romania's Government on Wednesday approved the construction of a pipeline linking the Romanian and Moldovan natural gas transport systems, between Iasi and Ungheni, Prime Minister Victor Ponta more

05.15.2012

Romanian regional investment fund SIF Moldova (SIF2.RO) Tuesday said its net profit more than doubled to 25.9 million lei (EUR5.8 million) in the first quarter, from RON10.4 million in the more

05.03.2012

Romanian President Traian Basescu said Thursday that Moldova is unlikely to turn into a buffer-state between NATO and Russia, on account of Romania hosting elements of the missile defense system, but more

05.03.2012

Romanian president Traian Basescu on Thursday gave assurance Romania’s future Cabinet will support the Republic of Moldova’s European Union accession, adding Moldova’s EU entry is one of the more

04.10.2012

A shareholder of Romanian lender Banca Transilvania (TLV.RO) Tuesday proposed the bank launch a buy-back program for a stake of up to 0.84%, valued at 16.8 million lei (EUR3.8 million). more

04.06.2012

The shareholders of regional investment fund SIF Moldova (SIF2.RO) on Friday appointed Valentin Ionescu as member of the Managing Board, with some 70% of votes. more

03.03.2012

Romania will become the main economic partner of the Republic of Moldova after the completion of several privatization procedures, Romanian Prime Minister Mihai Razvan Ungureanu said Saturday. more

03.03.2012

The transport infrastructure of the Republic of Moldova will be connected as soon as possible to all Pan-European axes and corridors crossing the Romanian territory in a move to reduce costs and time more

03.03.2012

Romania will grant financial aid of EUR15 million to the Republic of Moldova for projects targeting environment protection and climate changes, and the money will come from the EUR100 million more

03.03.2012

The ministers of the Romanian and Moldovan Cabinets decided the project targeting the interconnection of the natural gas transportation networks will be completed this year, Moldovan Prime Minister more

03.03.2012

Romania wants a stronger dialog with Russia in order to clarify and solve some outstanding problems with a view to establish an economic partnership based on mutual respect and benefits, Romanian more

03.03.2012

The ministers of the Romanian and Moldovan Cabinets on Saturday signed several agreements for bilateral collaboration, including the Action Plan for the enforcement of the strategic partnership more

02.27.2012

The Romanian and Moldovan governments will meet for a joint session Saturday in Iasi and discuss issues related to the energy sector, transports, administration, social security and education. more

02.03.2012

Romanian investment fund SIF Moldova (SIF2.RO) expects to a achieve a net profit of 76.5 million lei (EUR17.6 million) this year, compared to RON191.5 million in 2011, when it sold its stake in local more

01.31.2012

Romanian regional investment fund SIF Moldova (SIF2.RO) Tuesday call on its shareholders to triple the fund’s capital to 155.7 million lei (EUR), saying its planned dividend payments would deplete more

12.19.2011

Austrian Erste Group Bank (EBS.RO) on Monday announced it has taken over another 6% in Romanian lender BCR, following deals struck with the five regional investment funds, or SIFs, widening its more

12.15.2011

Regional investment fund SIF Moldova (SIF2.RO) received a 1% stake in Erste Group Bank (EBS.RO) in exchange for a 4.74% stake in BCR, thus becoming the second SIF to leave the Romanian bank's more