01.30.2013

Romanian state-run energy holding Oltenia plans to increase its share capital by up to 27.3%, with 12% of the newly issued shares to be listed on the Bucharest Stock Exchange, according to a draft more

01.30.2013

Romania’s Economy Ministry plans to launch a public offering to double the share capital of state-run electricity supplier SC Electrica SA with a view to float the company on the Bucharest Stock more

01.30.2013

Romania’s Economy Ministry plans to launch a public offering to double the share capital of its energy holding CEn Hunedoara with a view to float the company on the Bucharest Stock Exchange, more

01.21.2013

The value of the pension point may increase by 4% in 2013, to 762.1 lei (EUR175) from the current RON732.8, according to a law draft on the budget of the state social insurance on 2013. more

01.09.2013

The Romanian Government is set to adopt Wednesday the ordinance stating local authorities may decide whether or not to increase local taxes, Prime Minister Victor Ponta said, adding local more

01.06.2013

The Bucharest Stock Exchange witnessed the most significant increase of the last two years in the past month, as quotes beat last spring’s highs. The BET index rose 15% to an eighteen month high. more

12.17.2012

Romanian regional investment fund SIF Oltenia (SIF5.RO) has decided not to contribute to a 501 million lei (EUR110 million) capital increase at lender Banca Comerciala Romana, or BCR, the fund said more

11.21.2012

New Europe Property Investments (NEPI.RO), a South African investment fund set up in 2007, managed to recently raise, in an offering addressed to its UK, South Africa and Romania shareholders, EUR110 more

11.12.2012

Garanti Bank Romania increased its share capital by EUR20 million through cash subscription from its mother-bank Turkiye Garanti Bankasi (TGB), the lender said in a statement Monday. more

10.25.2012

Low domestic production, unable to cover demand, as well as outdated farming technologies are the main cause of food price increases, Alexandru Vlad, vice-president of retail association AMRCR, said more

10.10.2012

Romania’s population increased by 1,835 people in August 2012, according to data released Wednesday by the National Statistics Institute (INS). more

10.02.2012

The Romanian Chamber of Deputies on Tuesday adopted with 225 to one vote and two abstentions an emergency ordinance restoring public wages to pre-austerity levels gradually. more

08.29.2012

Romanian mortgage lender BCR Banca pentru Locuinte (BCR BpL) Wednesday said its net profit more than tripled in the first half of 2012, to 10.8 million lei (EUR2.42 million), fueled by a 87% increase more

07.31.2012

Romania's largest oil company OMV Petrom (SNP.RO) on Tuesday raised pump prices for gasoline and diesel oil by 0.09 lei (EUR0.0197) per liter, the third increase in July. more

07.18.2012

Romanian cable maker Romcab Targu-Mures (MCAB.RO) Wednesday approved a proposal to increase its share capital by 9.46 million lei (EUR2.1 million) to RON23.46 million by including past reserves, the more

07.10.2012

The price of bread in Romania might go up in the upcoming month if bread and milling companies fail to absorb the 20% increase in wheat prices, Aurel Popescu, head of the Rompan employers association more

07.02.2012

Romanian cable maker Romcab Targu-Mures (MCAB.RO) plans to increase its share capital by 9.46 million lei (EUR2.1 million) to RON23.46 million by including past reserves, the company said in a call to more

06.29.2012

Romania’s energy regulator ANRE said Friday electricity prices for all categories of consumers will increase by an average of 5% starting July 1st. more

06.25.2012

Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) wants to increase its share capital by 14.1 million lei (EUR3.15 million) to RON29.7 million, the company said in a call more

05.23.2012

Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) wants to increase its share capital by 18 million lei (EUR4.03 million), from RON44.8 million to RON62.8 million, through a cash more

05.03.2012

Romania's largest oil company OMV Petrom (SNP.RO) on Thursday increased pump prices for gasoline and diesel oil by RON0.06 (EUR0.0135) per liter. more

03.28.2012

Labor costs in Romania have reached EUR314 million per workday, from EUR210 million in 2000, Real Hypermarket HR director Valentin Pauna said Wednesday. more

03.22.2012

Romanian lender Banca Transilvania (TLV.RO) Thursday proposed increasing its share capital by 129.38 million lei (EUR29.57) to RON1.9 billion and launching a EUR30 million convertible bond, the bank more

03.16.2012

Romanian MKB Romexterra Bank, a unit of Hungary’s MKB Bank Zrt, Friday proposed increasing its share capital by 70.59 million lei (EUR16.1 million) to RON197.7 million. more

03.07.2012

Raising Romanian public sector wages, directly or by reducing social security contributions, will prove beneficial, as it will support consumption, but only if the Government finds financial resources more