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The Hungarian forint recorded the biggest year-to-date drop against the greenback, outstripping the Romanian leu, according to an X-Trade Brokers Romania analysis.
The Minister of Transportation, Radu Berceanu said that as far as he was concerned, Romania didn’t need a new agreement with the International Monetary Fund, but to focus on the...
The National Bank of Romania set a reference rate of 4.2234 lei/euro, up 0.17% from Friday, after poor morning trade in the inter-bank market.
JTI Romania, one of the largest cigarette manufacturing companies, said it would axe 169 jobs in JT International (Romania) SRL, a measure that will affect around 128 employees, the remaining 41...
Stocks at the Bucharest Stock Exchange posted moderate gains today, while the financial investment companies’ growth averaged 3.5%, and crossed the 20,000-point mark.
Many middle-income emerging economies will become a whole new motor for the global economy, according to an AT Kearney study.
The logistics market in Romania has been more dynamic compared to the same period of 2009, according to a DTZ Echinox study.
The GDF Suez Energy Group that runs natural gas supply operations in Romania has invested €600 million in Romania since 2005, since the acquisition of Distrigaz Sud to date.
Tarom carrier will join the SkyTeam airline alliance this month, and will adopt Flying Blue, Air France and KLM frequent flyer program.
State-run electricity supplier, Termoelectrica said it could lay off another 200 people, adding to the 300 the company had already let go in April.