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The fact that state-owned Romanian lender CEC Bank is no longer allowed to increase its share capital from the profits of previous years is an error, Monday said the bank's president
In September, the Romanian fund agreed to sell its 6% stake in BCR to Erste. Following the transaction, Erste’s stake in BCR increased to 82%. (EUR1=RON4.3409)
Romania's SME loan guarantee fund estimates it will pay a total EUR31.8 million this year for loans issued by banks and not repaid, up 9% on the year, according to data presented Tuesday
The assets of local open-end investment funds inched up 0.1% in November, to 6.898 billion lei (EUR1.59 billion), and clients withdrew a total RON30.1 million (EUR6.9 million) from...
The Romanian leu opened Monday a bit stronger against the euro, aided by low-volume euro sales seen by dealers as the actions of Romanians abroad who are coming home for the holidays
Romania’s leu is bound to strengthened by 3% against the euro over the next few weeks as local lenders prepare to transition to international accounting standards and will be exchanging
Romanian gas transporter Transgaz (TGN.RO) on Friday said it has requested a correction of its financial indicators because it expects pretax profit to be 53% higher.
Romanian telecom regulator ANCOM will hold, on March 6, an auction to purchase a system for the collection, processing and reporting of statistical data by operators, in a contract
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Friday said it expects revenue of 2.62 billion lei (EUR603.9 million), down 6% on the year, but pretax profit is
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