09.12.2024

Romania’s gold reserve has been steady in the past 17 years, at 103.6 tons, since 2007 until the present, of which 61.2 tons are deposited abroad and 42.4 tons in Romania, in line with central bank more

03.15.2022

Gold ingots have come to account for 10% in jewelry store chain Teilor’s turnover, from 0.5% until 2020. more

12.23.2021

Real estate developer GTC (Global Trade Center) has obtained the LEED Gold certification for the Cascade Office Building, a project located in the vicinity of Bucharest’s Victory Square. more

02.11.2020

Romania's central bank governor Mugur Isarescu said Tuesday repatriating the country's gold reserve would not be profitable as at it entails costs 10 to 20 times higher than the commission paid to the more

04.25.2019

Romania’s Chamber of Deputies passed on Wednesday, as a deciding body, a bill initiated by the ruling Social Democrat Party (PSD) to repatriate most of the country's gold reserves deposited abroad. more

04.02.2019

The central bank board meets Tuesday afternoon to discuss the Senate's adoption of a bill seeking to force the central bank to repatriate the country's gold reserve deposited abroad. more

04.01.2019

Romania’s Senate adopted on Monday a bill initiated by the ruling Social Democrat Party (PSD) which would see Romania’s central bank repatriate most of the country's gold reserves deposited more

04.27.2017

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09.08.2016

Romania’s gold reserve remained unchanged since 2007 at 103.7 metric tons and its value adjusted for international gold price stands at EUR3.93 billion, the central bank said in a statement Thursday more

08.29.2016

Gold Plast, Italian manufacturer of plastic tableware for households and the catering and restaurant sector, has reached a production of nearly 800,000 items per year. more

01.26.2016

Romania ranks 35th in the top 40 World Official Gold Reserves and is the best ranked state in Eastern Europe, according to a World Gold Council report. more

05.28.2015

Romanian National Agency for Mineral Resources (ANRM) has granted Canadian explorer Carpathian Gold a 20-year mining license for its gold project Rovina Valley, through its Samax Romania subsidiary, more

01.08.2014

The reduction by almost 30% of the international gold prices in 2013, a first for the past 12 years, cut deep into the value of major central banks’ reserves, which piled up during the crisis on more

11.11.2013

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

10.04.2013

The National Bank of Romania may buy gold extracted from Rosia Montana provided that the gold share in the country’s international reserve stays between 10% and 20%, central bank representative more

10.03.2013

Romania will extract more gold than all European countries taken together if the gold mining project in Rosia Montana (W) is pushed on with, Dragos Tanase, the general manger of the Rosia Montana Gold more

09.25.2013

Romanians feel gold is the best investment today, beating out real estate, bank deposits and even owning their own business, a survey from Novel Research shows. more

09.19.2013

The Romanian central bank has a “moral and legal duty” to purchase gold at the best market price and any future acquisition will me made according to the highest standards, deputy governor Bogdan more

09.11.2013

Canada's Gabriel Resources will sue the Romanian government if Parliament next week votes to kill the Rosia Montana mine, Europe’s biggest gold mining project, The Globe and Mail reported on its more

09.11.2013

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

07.11.2013

Negotiations regarding the Rosia Montana gold mining project will be completed by September and works will start if the Parliament approves the bill the Government will put forward, Romanian Prime more

06.27.2013

The abrupt 26% decline in the price of gold this year shaved over EUR120 million lei (EUR26.6 million) off the value of Romanians’ gold bars. more

04.29.2013

The head of the Romanian central bank says the country does not need to increase its gold reserve above 100 metric tons as each time the reserves rose past that level “something bad” happened. more

03.11.2013

Samax Romania, part of Canadian group Carpathian Gold, aims to open three gold and copper exploitations in the western Hunedoara county, which are expected to generate up to $1.2 billion investments more

10.25.2012

Boasting a rise of 14.7% since the beginning of the year, gold has been one of the most profitable investments, with the gains that it offers substantially exceeding interest rates on bank deposits more