Social/Politics
Antibiotice 1Q Net Profit Up 15% To RON6M
Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) reported a net profit of 6 million lei (EUR1.4 million) for the first quarter, up 15% on the year, the company said in a statement Frid...
Finance Ministry To Scrap Tax On Gratuity
The Romanian Finance Ministry has decided to remove the recently implemented tax on gratuity, minister Eugen Teodorovici stated Friday.
Transelectrica 1Q Profit Falls, On Higher Costs
Romanian state-run power grid operator Transelectrica (TEL.RO) Friday reported a 7.4% drop in its first-quarter net profit, following a spike in operating costs.
Foreign Investment In Romania Up To EUR885M In First Quarter
Romanian foreign direct investment, or FDI, rose to 885 million euros in January to March, from EUR570 million in the same period of 2014, data from the central bank showed Friday.
Romania Current Account Posts EUR406M Surplus In 1Q
Romania's current account balance posted a surplus of 406 million euros after the first quarter, up from EUR285 million at the end of February, central bank data showed Friday.
Electrica 1Q Net Profit Rises 32%
Romanian power supply and distribution company Electrica (EL.RO) Friday reported a 32% higher profit for the first quarter, following an increase in delivered electricity quantities.
Dragnea Resigns From Cabinet Following Suspended Prison Sentence
Liviu Dragnea said he has resigned his Cabinet position of minister of development and public administration and will quit his executive president position within the Social Democratic Party...
EBRD: Romania’s Economic Growth In 2015 Among Highest In Emerging Europe
Romania is expected to see among the highest growth in emerging Europe, amid stronger economic environment in the Eurozone, according to the latest Regional Economic Prospects report release...
Nuclearelectrica Posts 11% Higher Profit In First Quarter
Romanian nuclear power producer Nuclearelectrica (SNN.RO) Thursday reported an 11% increase in its net profit for the first quarter, despite a slight decline in production.