Finance, Banking and Economic News - 3 April 2011 -
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Finance, Banking and Economic News
3 April 2011

Page: 1 

Romania is ranked tenth regarding new shopping center development in 2011 and 2012, with projects totaling 256,000 square meters, according to a research conducted by real estate consulting company Cushman&Wakefield. read more...

Petrol and diesel oil prices were raised by over 20% in the first two months of this year compared with the similar period of 2010, but oil companies say volumes were down by up to 5%, although pump prices were hiked on six occasions, mainly because of the oil price highs. read more...

The domestic drug market advanced by 10% in the first two months of this year, to 1.67bn lei (400m euros), according to the data provided by IMS Health market research firm. read more...

The Bucharest Stock Exchange had a strong start to the year, posting increases of 12.5% of the BET index tracking the top ten listed companies and of 22% of the BET-FI index monitoring the trend of financial investment companies, including FP shares in the first quarter. read more...

Renault, which produces in Romania more than 200,000 engines annually for the Dacia range, is to replace, starting 2013, part of the current range with one with more environment-friendly engines, a range that will be manufactured in Piteşti and Valladolid (Spain) and that will equip the new Logan generation. read more...

The price of a consultation with an internist has increased 80% since 2005, from 50 lei to 90-100 lei, according to a ZF analysis based on data supplied by four clinics networks - Medicover, Romar, Medsana and Sanador - which agreed to supply the data. read more...

The average interest rate for individuals' deposits shed half a percentage point in the first two months of 2011 and reached 7,1% per annum in late February. read more...

03.04.2011, 23:50 | Finance-Banks | 1020 views
EC loan tranche strengthens NBR reserve
NBR's foreign currency reserve added almost 700m euros in March after the 1.4bn-euro tranche from the loan the state contracted from the European Commission was disbursed, thus climbing to 32.76bn euros, close to the all-time peak reached last November. read more...

The biggest local banks have to broker the biggest share sales offering in the history of the Bucharest Stock Exchange from the very start lost the chance, with five consortiums left in the race. read more...

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