02.28.2023

The year 2023 starts on an optimistic note for the air travel sector, as passenger traffic on Romania’s airports stood at more than 1.66 million in January, Romanian Airports Association (AAR) data more

02.05.2020

Fondul Proprietatea, MedLife and Purcari are the top performing investments among the first-tier companies on the Bucharest Stock Exchange in January 2020, with yields of 11%, 7% and 6%, according to more

04.19.2017

New registrations of Dacia cars in the European Union rose 9.9% to 111,126 units in January-March 2017, while Renault’s cars ranked third by the number of new registrations after VW and PSA groups. more

02.28.2017

The number of companies that went insolvent in Romania in January 2017 dropped by 22.6% compared with the same period a year earlier, to 512, according to Trade Registry data. more

02.27.2017

Romania's general consolidated budget posted a surplus of RON3 billion in January, or 0.37% of gross domestic product, finance ministry data showed Monday. more

02.22.2017

Euro area annual inflation was 1.8% in January 2017, from 1.1% in December 2016, while European Union annual inflation was 1.7%, up from 1.2% in December, according to Eurostat data. more

02.21.2017

Romania’s industrial sector, which includes activities such as raw material processing, mining, energy, water and waste, fell by 15 points in January below the 50-point threshold which separates more

02.13.2017

Modern retailers opened only 17 stores in January, all of them small format stores such as supermarkets, convenience and discount stores. Half of the ten modern retail chains opened at least one, more

02.06.2017

Average prices of apartments put up for sale across Romania rose 1.3% on the month in January, to EUR1,064 per sqm, and also increased 9.6% compared with EUR971 per sqm in January 2016, according to more

02.02.2017

BET, the main index of the Bucharest Stock Exchange, ended January at more than 7,500 points, an increase of 6% on the last session of 2016. January 2017 was its best first month of the year since more

12.21.2016

Bancpost, the Romanian division of Greek group Eurobank, posted a net profit of RON31.4 million in the first nine months of the year, while its total assets rose 5.7% compared with the same period more

12.16.2016

Romania's auto market grew 16.7% in annual terms in January-November 2016, to 128,106 units, the Romanian Automotive Manufacturers and Importers Association (APIA) said Friday. more

11.17.2016

NN Romania, the largest life insurance company in Romania, reported gross underwritten premiums of RON481 million in the first nine months of 2016, up 4.4% compared with same period a year ago. more

11.17.2016

Vrancart Adjud (VNC.RO), a major paper and cardboard maker in Romania, reported a net profit of RON16.7 million in the first nine months of 2016, up 30% versus year-earlier period. more

11.16.2016

Romanian electricity distribution and supply company Electrica (EL.RO) reported a net profit of RON466 million for the first nine months of the year, 9% higher than in the same period a year ago, the more

11.15.2016

State-run oil transporter Conpet Ploiesti (COTE.RO) had a net profit of RON56.7 million in the first nine months of 2016, up 9% versus the year-earlier period, the company said Tuesday. more

11.15.2016

ING bank Romania reported a net profit of RON391 million in the first nine months of 2016, up 56% on the year, mainly due to the sale of Visa shares and lending increase, the company said in a more

11.14.2016

Romanian oil refining company Rompetrol Rafinare (RRC.RO), member of KMG International group, registered a consolidated net profit of $20.8 million in the first 9 months of 2016, up 41% versus the more

11.14.2016

South-African investment fund New Europe Property Investment (NEP.RO), the largest player on the Romanian real estate market, reported a net profit worth EUR105 million in the first nine months of more

11.14.2016

Romanian foreign direct investment, or FDI, amounted to EUR3.143 billion in January-September, up 11.2% versus the year-earlier period, central bank data showed Monday. more

11.14.2016

Romanian chemical plant Oltchim Ramnicu Valcea (OLT.RO) reported a net profit of EUR16 million in the first nine months of 2016, versus losses of RON15.77 million in the year-earlier period, the more

11.14.2016

Romanian industrial equipment maker Comelf Bistrita (CMF.RO) reported a net profit of RON4.4 million in January-September 2016, 50% lower compared with the same period a year before, the company said more

11.14.2016

Rompetrol Well Services (PTR.RO), a unit of KMG International, the second largest oil group in Romania, on Monday said it registered a net loss of RON4 million in January-September 2016, while more

11.14.2016

Zentiva Bucharest (SCD.RO), a unit of France’s pharmaceutical group Sanofi, reported a net profit of RON52.5 million in January-September 2016, up 36% against the year-earlier period, the company more

11.10.2016

Bucharest Stock Exchange (BVB) group reported a net profit of RON4.3 million in January-September, up 2% on the year, while its operating revenue rose 4% to RON23 million. more