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Minister of Finance Gheorghe Ialomitianu: Budget on 2012, built realistically (28-11-2011)

The budget on 2012 was built realistically and can be made in the context of a 2.1 percent economic growth, said Minister of Finance Gheorghe Ialomitianu Full story

Assya promises first investment fund for Romanian start-ups (28-11-2011)

Bergmann & Partners, the newly setup Romanian branch of the French group Assya COmpagnie Financiere (CF) will invest in local firms recently setup and in Full story


BNR official: Romania must wait for market sentiment to settle, before a new (28-11-2011)

Romania must wait for the market sentiment to settle down before borrowing again from the foreign capital market, says deputy governor of the National Bank of Full story

Raiffeisen bank mulls partial exit from Eastern Europe (28-11-2011)

Austria-based Raiffeisen Bank International (RBI) announced Thursday that it might pull out of several Central and Eastern European countries. The bank is a major Full story


UniCredit Bank Austria will observe its commitments in Romania (28-11-2011)

UniCredit Bank Austria will not overlook its commitments in Romania, spokesperson of the UniCredit Bank Austria department for Central and Eastern Europe Phil Tiemon Kiesenhofer Full story

BCR's Bruynseels: Erste will keep its exposure to Romania (28-11-2011)

Erste Bank is keeping its exposure to Romania, with its main objective being to fund investment in infrastructure, CEO of Banca Comerciala Romana (BCR) Dominic Bruynseels Full story

Proprietatea Fund secondary listing, still scheduled for H1 2012 (28-11-2011)

The target for the secondary listing of Proprietatea Fund remains set for the first half of 2012, but the approval from the National Securities Commission (CNVM) Full story

Hidroelectrica to increase share capital by 12.49 percent by listing new shares package (28-11-2011)

Hidroelectrica share capital will add 12.49 percent by capital addition to list a newly-issued share package representing 10 percent of the current share capital through an Full story

Central Bank head: We must build up public confidence in banking system (28-11-2011)

The National Bank of Romania (BNR) Governor Mugur Isarescu says the Romanian public's confidence in the domestic banking system should be regained and this can only Full story

Interest rates for loans to drop when Romania poses lower risk (21-11-2011)

The interest rates for loans will go down when Romania does not pose a great risk, said Jeffrey Franks, head of the International Monetary Fund (IMF) Full story

CSA posts provisional data: Romania's insurance market plunges 3.7 pct in first 9 months (21-11-2011)

Romania's insurance market fell 3.7 percent in the first 9 months of 2011, compared with the same period of 2010, with the subscription value amounting to Full story

Romania’s Millenium Insurance Broker revamps its online sales system (21-11-2011)

Romania-based Millenium Insurance Broker has revamped its online sales system at the beginning of November, to give its existing and future customers quick access to a Full story

Fondul Proprietatea posts nearly 123 million euros in net profit (21-11-2011)

The Fondul Proprietatea (FP) sovereign fund closed the first nine months of 2011 on a net profit of RON 535.297 million (nearly 123 million euros), for Full story

Number of pension fund contributors up 6.08 pct y-o-y in October (21-11-2011)

The number of contributors to the mandatory privately managed pension funds (Pillar II) increased 6.08 pct this October from the same month of 2010, hitting 5.44 Full story

BCR shareholders give green light to shares capital increase, reject listing on BVB (21-11-2011)

The shareholders of the Romanian Commercial Bank (BCR) approved on Monday, Nov 14 during the Extraordinary General Meeting (EGM) the increase of the shares capital up Full story

Jeffrey Franks: Differing VAT and smaller social contributions, likely options in case of budget (14-11-2011)

A differentiated VAT or smaller social contributions might be possible future options, but only if there is budget room for them, IMF mission chief Jeffrey Franks Full story

BVB president says absence of Romanian fully-fledged capital market visible during crisis (14-11-2011)

Bucharest Stock Exchange (BVB) president Stere Farmache told an expert debate late last week that unlike Poland, Romania has been really in need of a capital Full story

EFFAS: Romania on the right track, in better shape than some West European countries (14-11-2011)

Romania is on the right track, particularly in these times of still unrelenting global economic crisis, and can compare well with West European countries, Friedrich Mostboeck, Full story

Romania’s loan market will expand by 10 percent yearly through to 2015, says Raiffeisen (14-11-2011)

The banking sector in Romania will register growth on the medium and long term, according to the latest edition of The CEE Banking Sector Report issued Full story

CNSF: Romania's financial system stable despite precipitating sovereign debt crisis in Eurozone (14-11-2011)

Romania's financial system has stayed stable despite a precipitating sovereign debt crisis in the Eurozone and mixed signals of economic recovery worldwide, Romania's National Committee on Full story