Financial
March 31, 2015 15:24
The Board of Romania's Central Bank, BNR, decided to drop again the monetary policy rate by 0.25 percent to 2 percent, achieving a new historic low which will come into effect on April 1, 2015....more »
March 24, 2015 16:39
Transelectrica's General Meeting of Shareholders approved the 2015 revenue and expense budget which includes forecasted revenues of 2.67 billion lei, down 7 percent compared to the results anticipated for 2014. Total expenses are expected to g...more »
March 18, 2015 17:10
Bancpost announces the signing of a 3-year financing agreement for a 2-million euro loan with “Traian Vuia” International Airport in Timisoara, funds intended to cover the working capital required by the institution....more »
March 16, 2015 15:45
Foreign direct investment (FDI) in Romania went up by 23.5 percent in the first month in 2015 compared to January 2014, amounting to 299 million euro according to a report released by Romania’s Central Bank....more »
March 13, 2015 14:57
Romania’s exports increased by 6.4 percent year-on-year in January 2015, while imports had a lower growth rate of 4.1 percent, leading to a trade deficit of 176.4 million euro, 76.2 million euro smaller compared to the previous year, announc...more »
March 10, 2015 16:39
Retailers accommodated by AFI Palace Cotroceni, except for Auchan hypermarket, obtained in 2014 higher sales revenues, up by 5 percent versus the previous year, although the number of visitors remained stable....more »
March 10, 2015 10:20
Romanian International Bank received in February 2015 inflows of 14 million lei (about 3 million euro) from its major shareholder, Getin Holding. At the same time, the bank's funds have been consolidated through a subordinated loan of 1.8 milli...more »
March 04, 2015 16:20
Romania has been reimbursed by the EU Commission funds exceeding 460 million euro since the beginning of the year, amount corresponding to the payment applications submitted in 2014, announced the Ministry of European Funds....more »
March 03, 2015 16:23
Although declining as compared to December 2014, retail turnover grew by 6.3 percent year-on-year, as gross series, and by 6.8 percent as seasonally adjusted series, according to a report of the National Institute of Statistics (INSSE) which d...more »
March 02, 2015 15:55
The Bucharest Stock Exchange (BVB) has implemented two new settlement cycles, thus trades can be settled through three such cycles starting with March 2, 2015....more »
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