Trade to Norway soars

Romanian - Norwegian trade exchange continued to show growth last year and reached US$190 million, compared to US$170 million in 2002, according to preliminary data quoted by Norteam Romania.

More opportunities for SMEs

A Salonic Stock Exchange proposal offers greater encouragement to Romanian small- and medium-sized enterprises (SMEs) through a newly signed agreement with the Bucharest Stock Exchange.

October trade deficit soars

The trade deficit soared to US$674.2m in October from September's US$417.6m, as imports grew at a much faster pace than exports, National Statistics Board (INS) data showed last week.

Investors look at Romania

Romania jumped from below the top 25 to become the 17th most attractive market for European investors according to an annual survey of executives from the world's largest companies.

Central bank hikes intervention rate

Romania’s central bank board has decided to increase by one percentage point to 21.25 per cent its intervention rate in a move to control inflation.

Restructuring plan for Banca Comerciala Romana

The European Bank for Reconstruction and Development (EBRD) board has approved the memorandum of understanding (MOU) on the joint takeover with the International Finance Corporation (IFC) of a 25% stake in Romania’s largest state-run commercial ba