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Romanian government will give notice of cancellation by year-end to all companies that signed bilateral deals with state-run energy producer Hidroelectrica outside the energy market
The Romanian leu opened weaker against the euro Friday, on low traded volumes, following the trend of the other currencies in the region.
Romanian electronics distributor Asesoft Distribution expects sales to reach EUR180 million this year, up 24% on 2010, the company's president Iulian Stanciu said Thursday.
Regional investment fund SIF Moldova (SIF2.RO) received a 1% stake in Erste Group Bank (EBS.RO) in exchange for a 4.74% stake in BCR, thus becoming the second SIF to leave the Romanian
The Romanian leu opened Thursday slightly weaker against the euro, on reduced activity, while other currencies in the region were seeing similar developments.
Two Romanian associations, four insurers, several private healthcare operators and the Union of Insurance Brokers on Thursday signed a protocol to work together to enhance the country
The Romanian leu opened Friday nearly flat against the euro, but it soon started to strengthen, helped by euro sale orders.
The challenges faced by Romanian banks in adopting the international accounting laws will not stop with the adoption date on January 1, because the international norms are subject to
The Romanian leu opened Friday with a strengthening tendency towards the euro, on very low traded volumes, in pre-holiday trading marked by low volumes.
The Romanian central bank should pursue a cautious monetary policy to fend off possible pressures on the leu and renewed capital outflows, an official of the International Monetary
