The slow development of the country’s transport infrastructure could act as a break on Romania’s economic growth, the Foreign Investors Council (FIC) said. A combination...

Superbet bonds start trading on Bucharest bourse

The bonds issued by local gambling firm Superbet Betting&Gaming in January started floating on the Bucharest Stock Exchange - BVB’s alternative trading system AeRO...

Bucharest Stock Exchange index up eightfold in 20 years

BET, the main index of the Bucharest Stock Exchange, reached its 20th anniversary on Tuesday, September 19. The market capitalization of the BET index...
Eurobonds

International Investment Bank issues bonds for Romanian investors

Moscow-based International Investment Bank (IIB) has launched a primary bond offer with a minimum value of EUR 100 million, denominated in lei and euro,...

Romanian television’s annual report rejected by MPs

The Parliament’s culture committees rejected yesterday the Romanian television TVR’s annual report for 2016. The main consequence is that TVR’s board will be laid off...

Romania’s Court of Auditors will have a new management

Nicolae Vacaroiu, the president of Romania’s Court of Auditors will end his nine-year mandate in October this year. Deputy president Doina Dascalu and other managers...

Romanian state-owned airline Tarom to appoint new GM

Romanian state-owned airline Tarom will have a new general director within a few days, according to Dragos Titea, a state secretary in the Transport...

FT: Romania must avoid association with Europe’s “bad boys”

Romania should avoid being associated with the “bad boys” of the ex-communist half of Europe, which would lead to the country losing influence in...

Cypriot group takes over Marks & Spencer’s franchise in Romania

Cypriot group Voici La Mode has completed the acquisition of British retailer Marks & Spencer’s franchise for Romania. The group will include in its portfolio...

Romanian Govt. to oblige employers keep a certain level of the gross salary

Romania’s Government will issue a directive obliging employers in the private sector to maintain a certain level of the gross salary, after the social...

Romanian Fondul Proprietatea sells 2.5% stake in OMV Petrom

Local investment fund Fondul Proprietatea will sell 1.45 billion shares in the oil & gas producer OMV Petrom (SNP) through private placement, the fund’s...

Education in Romania

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