Finance, Banking and Economic News - 29 March 2013 -
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Finance, Banking and Economic News
29 March 2013

Page: 1 

29.03.2013, 00:00 | Business | 1379 views
Arădeanca goes bankrupt
"Arădeanca" Arad, the biggest doll maker in Romania, which had a 60% market share, entered bankruptcy after the reorganization plan was rejected by the creditors. According to Ioan Biriş, the representative of Activ Grup IPURL, which was appointed as a temporary liquidator, the creditors are not required to justify their vote against the reorganization plan. read more...

Rating agency Japan Credit Rating reconfirmed Romania’s BBB- rating with a stable outlook, for long-term liabilities issued in foreign currency, and also the BBB rating with a stable outlook for long-term liabilities issued in local currency, according to the website of the Ministry of Public Finance (MFP). read more...

The administration council of the Bucharest Stock Exchange (BVB) decided to dismiss BVB general manager Victor Cionga from office, with his mandate expiring in two months, according to a release published on the BVB website. read more...

Romania in 2012 ranked top in the European Union by the maize-grown area, but it trailed third by the maize production, after France and Italy, because of the lower yield, shows the statistic research on the Agricultural Production in Main Crops in 2012 made by the National Institute for Statistics. read more...

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