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Romanian Leu Opens Stronger Vs Euro, Recovers Previous Weakness

The Romanian leu opened Monday’s session slightly stronger against the euro, compared to Friday’s closing values, while dealers in the market suspect central bank intervention.

Romanian Leu Falls Vs Euro On Bad International Sentiment

The Romanian leu opened Tuesday’s session in a visibly weakened state, amid negative regional sentiment brought about by fears that Ireland’s bailout package will not stop other debt-ridden euro-zone states from plunging into crisis.

Romania Leu Mostly Higher Vs Euro In Early Trade After 2Q GDP Data

Romania’s leu opened higher against the euro Friday and further gained ground, after positive economic data for the second quarter.

Romanian Leu Weakens On IMF-Hungary Negotiations Fail

The Romanian leu fell against the euro early Monday, on a negative regional sentiment caused by the suspension of the financing agreement between the International Monetary Fund and Hungary.

Romanian International Book Fair Bookfest 2010 Now Open In Bucharest

The fifth edition of Romanian book fair Bookfest, which takes place at Romexpo in Bucharest between June 9 and 13, opened Wednesday in the presence of Romanian Editors’ Association president Grigore Arsene and Spanish Ambassador Estanislao de Grandes Pascual.

Romania Opens Airports In Western Cities Timisoara, Arad

Romania’s international airports in the western cities of Timisoara and Arad were opened Monday morning and the rest of the country’s airports are expected to open later today.

Schools In Romanian Capital Open Wednesday After Two-Day Blizzard-Induced Vacation

Schools and kindergartens in Romania’s capital Bucharest will open Wednesday after a two-day vacation prompted by fierce blizzards and heavy snowfall that swept the southern part of the country left dozens of roads impassable.

Sun Plaza Shopping Mall In Bucharest To Open On Feb 25 After EUR200M Invest

Sun Plaza shopping mall in Romania’s capital city Bucharest will be opened on February 25, following a EUR200 million investment, according to Austrian investor Sparkassen Immobilien AG and Romania-registered developer EMCT, with a one-week delay from the latest announced date.

Romanian Acting Prime Minister Emil Boc Opens First 42 Km Of Transylvania Highway

Romanian acting Prime Minister Emil Boc Tuesday opened the first 42 km of the Transylvania Highway, the 2B Turda-Gilau segment, cutting the ribbon together with acting Transports Minister Radu Berceanu and officials of Bechtel, the company building the highway.

Selgros Cash&Carry Opens EUR38M Store In Bucharest

Selgros Cash&Carry, a unit of Germany's retailer Rewe, will open Tuesday its 18th store in Romania and the fourth in the capital city Bucharest, following EUR38 million investments.

Romania’s Tourism Min Says Bad Time For Privatizations, Upholds Stock Listing

Romania’s tourism minister Elena Udrea said Monday, at the opening of the Bucharest Stock Exchange trading session, that this is a pretty bad time for privatizations, but was glad to learn that companies can obtain funds by listing shares on the stock market.

Developer Liebrecht & wooD Defers Romanian Outlet Center Opening By 1 Wk

Belgian real estate developer Liebrecht & wooD postponed by one week the opening of the first outlet center in Romania, Fashion House Outlet Centre, which was initially scheduled to open on November 26, the company stated Tuesday.

Transport Min Attends Underground Passageway Opening S Romania

Romania’s transport minister Ludovic Orban attended Wednesday the opening of the 730-meter underground passageway in Bascov, in Romania’s southern county of Arges.

CGS Romania To Hire 1,000 People

CGS Romania, software, IT and outsourcing supplier, intends to hire 1,000 people in the two new IT centers opened by the company in Bucharest and Brasov. The two centers began activity this month.