Foreign direct investments went down by 29 percent in the first six months of the year, to EUR 1.8 billion, according to data from the Romanian Central Bank (BNR). These have financed just half of the current account deficit, which was of EUR 1.8 billion during this period.

Rompetrol Rafinare, part of the Rompetrol Group, posted a net loss of USD 119 million in the first half of this year, the company has announced. At the same time, the operational result (EBITDA) was negative, amounting to USD 24,7 million. The company's consolidated turnover was of USD 1.76 billion, up 24 percent compared to the same period of last year.

The Romanian Competition Council has warned the Association of Banks active in the country that the exchange of information about the costs of loans offered to consumers could infringe the competition law and the Eu treaty, if it will be followed by a concerted activity.

EDS Romania, the local subsidiary of printing house Euro-Druckservice, will invest EUR 5 million in new equipments which would allow the company to print smaller circulation projects.

BT Asset Management, part of Banca Transilvania group, has launched the licensing procedure of the BT Index Austria ATX, a passively managed fund on the ATX, the Austrian Traded Index.

EGL Gas & Power Romania will buy wind energy from EDP Renewables Romania's wind park in Pestera, in Constanta county. The project is still under construction and should be functional by the end of this year. The wind farm project has a capacity of 90 MW.

Telecom operator Romtelecom has launched an online portal for the leasing space within its real estate assets across Romania. The website offers over 150 such spaces to lease, from offices top warehouses.

The European Bank for Reconstruction and Development (EBRD) has offered a USD 180 million syndicated refinancing package to aluminium producer Alro. The EBRD loan will refinance Alro’s existing debt, consolidating and restructuring it on a longer term basis

Slovenian pharmaceutical producer Krka has obtained one of the highest sales increases in Romania in the first six months of the year, compared to other markets where the group operates. The company posted EUR 19.9 million, up 30 percent compared to the same period of last year.

The Finance Ministry will organize a bid for treasury certificates worth around EUR 188 million (RON 800 million). This comes after the Finance Ministry rejected all the offers placed for the benchmark bonds last week, worth a total of EUR 70.7 million.

Foreign direct investments went down by 29 percent in the first six months of the year, to EUR 1.8 billion, according to data from the Romanian Central Bank (BNR). These have financed just half of the current account deficit, which was of EUR 1.8 billion during this period.

Rompetrol Rafinare, part of the Rompetrol Group, posted a net loss of USD 119 million in the first half of this year, the company has announced. At the same time, the operational result (EBITDA) was negative, amounting to USD 24,7 million. The company's consolidated turnover was of USD 1.76 billion, up 24 percent compared to the same period of last year.

The Romanian Competition Council has warned the Association of Banks active in the country that the exchange of information about the costs of loans offered to consumers could infringe the competition law and the Eu treaty, if it will be followed by a concerted activity.

EDS Romania, the local subsidiary of printing house Euro-Druckservice, will invest EUR 5 million in new equipments which would allow the company to print smaller circulation projects.

BT Asset Management, part of Banca Transilvania group, has launched the licensing procedure of the BT Index Austria ATX, a passively managed fund on the ATX, the Austrian Traded Index.

EGL Gas & Power Romania will buy wind energy from EDP Renewables Romania's wind park in Pestera, in Constanta county. The project is still under construction and should be functional by the end of this year. The wind farm project has a capacity of 90 MW.

Telecom operator Romtelecom has launched an online portal for the leasing space within its real estate assets across Romania. The website offers over 150 such spaces to lease, from offices top warehouses.

The European Bank for Reconstruction and Development (EBRD) has offered a USD 180 million syndicated refinancing package to aluminium producer Alro. The EBRD loan will refinance Alro’s existing debt, consolidating and restructuring it on a longer term basis

Slovenian pharmaceutical producer Krka has obtained one of the highest sales increases in Romania in the first six months of the year, compared to other markets where the group operates. The company posted EUR 19.9 million, up 30 percent compared to the same period of last year.

The Finance Ministry will organize a bid for treasury certificates worth around EUR 188 million (RON 800 million). This comes after the Finance Ministry rejected all the offers placed for the benchmark bonds last week, worth a total of EUR 70.7 million.