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A part of the state and public universities in Romania, accredited by the Ministry of Education, avoid making public their financial activities for 2008, either on their own website or on the...
Romania annual inflation rate dropped in October to 4.3%, as consumer prices increased 0.44% from September, led by services and non-food products, according to data provided by the National...
The shareholders of Romania’s second largest bank, BRD, held by French-based Societe Generale will hold a General Meeting on December 14 to appoint a new chief executive to assume the role of...
Although the South-Eastern Europe at large is still below Western region, HTC, one of the largest smartphone makers sees Romania as a country with attractive returns prospects, and ranks it third...
Romania’s balance of payments fell into the negative territory in September after €150 million surplus in August. Nine-month deficit reached €3.13 billion, down 74.6% from the same...
Romanian car industry could stand below 120,000 cars this year, down 55% from a year earlier. However, the market may see a rebound in its sluggish sales as late as in summer 2010, Stavros...
Electricity demand in Romania is expected to remain at 2009 level this year, but it will largely depend on the strategy of large electricity consumers, according to the National Energy Regulation...
The benchmark exchange rate set by the National Bank of Romania fell 0.02 percent to 4.2952 lei per euro, following leu’s increase in the early trades, in line with its peers in the region,...
UniCredit Tiriac Bank, fully-owned by Italian-based UniCredit, reported 9% YoY decline in net profit for the nine months through September, to 252 million lei (€59.7 million), weighed down by...
IMF said it wants to look at the 2010 budget, especially at the structure of expenses, before approving the disbursement of the third tranche to Romania under stand-by agreement, said the...
Holcim Romania, the fully-owned subsidiary of Swiss-based cement maker Holcim, reported a 14.7% decline in cement and clinker sales for the first nine months this year compared to the same period...