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

01.16.2012

Romanian home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) approved a 9.3 million lei (EUR2.14 million) capital increase to RON15.5 million to finance investments, the company said in more

01.05.2012

Industrial property taxes in Romania are 20% higher staring January 1, 2012, as the Government failed to postpone the tax increase in time. more

12.28.2011

The Romanian Government rejected local authorities’ proposition to raise local taxes by up to 50% next year, Finance Minister Gheorghe Ialomitianu said Tuesday evening. more

12.22.2011

Intesa Sanpaolo Bank Romania increased its share capital by 323 million lei (EUR75 million) to RON814.1 million, in a move to strengthen the bank’s position on the market, the bank said in a more

12.06.2011

Romanian home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) Tuesday proposed increasing its capital by 9.3 million lei (EUR2.13 million) to approximately RON15.5 million to finance more

11.14.2011

Shareholders of Romanian lender BCR on Monday approved a share capital increase of up to 644 million lei (EUR148.2 million), to RON1.7 billion, and rejected a proposition to float the bank’s stocks, more

11.11.2011

Romanian home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) increased its capital by 3.33 million lei (EUR0.76 million) to RON6.19 million, the company said in a statement Friday. more

10.28.2011

Bucharest DIY store Leroy Merlin Bricolaj, owned by French group Adeo, has increased its share capital by 22.2 million lei (EUR5.15 million), to RON102.8 million, through cash contribution. more

10.18.2011

Romanian government have authorized the head of state-run CEC Bank to resume procedures for a capital increase at the bank, despite past opposition from the European Commission regarding the more

10.12.2011

Romanian regional investment funds SIFs, minority holders in Banca Comerciala Romana (BCR) agree in principle with a capital increase at the bank, as the move would strengthen BCR’s position in the more

10.12.2011

Austria’s Erste Group Bank AG (EBS.RO) Wednesday recommended increasing the share capital of its Romanian unit Banca Comerciala Romana (BCR) by 644 million lei (about EUR150 million) to RON1.7 more

10.11.2011

Volksbank Romania wants to increase its share capital by a EUR100 million to EUR200 million, in a bid to counter the effects of the economic crisis, the lender's chief executive Johann Lurf said more

10.04.2011

The Board of Romanian lender Bancpost recommended increasing share capital by 92.6 million lei (EUR21.4 million) to RON1.18 billion, mostly by debt conversion to the benefit of its majority more