Finance, Banking and Economic News
Dan Şucu, owner of Mobexpert business, the biggest player on the domestic furniture market, is for the first time speaking about the possibility of opening new stores this year, as he's received appealing offers from various space owners. read more...
KD Maximus, the second biggest equity fund on the market in terms of assets, holds investments worth 2m euros in Gazprom, Rosneft and Lukoil and in the biggest bank of Russia, being the first Romanian fund to bet on the potential of the Russian energy field. read more...
The ten largest banks entered a small-fee race at the start of the year, so that a loan file is not taxed with more than 400 euros, two-three times less than last year. read more...
The occupancy rate of Bucharest's three- and four-star hotels will rise this year by about 10%, having increased in 2010 to 42% from 39%, according to the Bucharest Benchmarking Report, developed by consulting firm Fivestar Hospitality. read more...
Romania plans to write off debts of 1 billion lei (EUR1=RON4.2649) of companies in the defense industry, citing a EU norm which allows the protection of the national military interest and arguing that foreclosing their assets would impact defense capabilities. read more...
Romania's top two road passenger transporters expect 10% higher turnover this year, one of them hoping for a better economic environment, the other counting on people traveling in search of work. read more...
The Dacia Duster, Volkswagen Tiguan and Ford Kuga were the best sold SUVs on the Romanian market in 2010, with the Duster far in the lead, thanks to a market share of almost 40%, according to the data of the Romanian Car Producers and Importers Association (APIA). read more...
Romanian banks reported combined losses of 304 million lei (EUR1=RON4.2649) in 2010, for the first time in 11 years, people familiar with the matter told Mediafax Friday. read more...
Romanian hospitals will be allotted EUR15 million this year for informatization projects, Communications Minister Valerian Vreme said Saturday. read more...
Romanian family doctors decided Saturday not to sign the frame-contract with the National Health Insurance House and are prepared to take the government to court, over provisions which breach the rights of patients and physicians. read more...
Romanian Communications Minister Valerian Vreme said Saturday that his ministry will carry out a EUR84 million project (funded by the European Union) to provide Internet access to the remaining unconnected areas in the country. read more...
Romanian Communications Minister Valerian Vreme said Saturday that the e-Romania platform should be operational by mid-year and local communities will be able to connect to the platform according to certain rules. read more...
Romania's Black Sea ports around the city of Constanta were closed Saturday and barge traffic on the Danube-Sea Canal, through the Agigea lock to Constanta Sud-river port, has been restricted, because of strong winds. read more...
The current account deficit of the balance of payments increased last year by 5.0% compared to 209 to 5.15 billion euro, Romania’s National Central Bank data reports. In 2009 the current account deficit was 4.91 billion euro. read more...
Foreign direct investments amounted in 2010 to 2.59 billion euro, a 25.5% decrease compared to last year, Romania’s National Central Bank data reports. read more...
The government will sell its minority shares it holds at energy companies that should be part of the Electra and Hidroenergetica giants. read more...
An American cablegate from the US Embassy to Bucharest, released by Wikileaks via Spanish daily El Pais reveals that in 2008 the American company Boeing accused European producer Airbus for being ready to bribe Romanian governmental officials to obtain a contract to renew Tarom’s airplanes. read more...
Netherlands was always favorable to Romania and Bulgaria joining Schengen but just like France, we consider that at this moment, the two countries are not ready to join, Dutch Immigration minister Gerd Leers declared. He talks, in an interview for RFI about an issue of trust in his attempt to explain the delay. read more...
Netherlands considers that Romania and Bulgaria cannot join Schengen “at this stage”, joining the positions expressed by France, Germany and Finland, AFP reports. read more...
National Agency for Fiscal Administration (ANAF) chief, Sorin Blejnar was called by PM Boc for an evaluation of the situation at the Romanian customs following the investigations of anti graft prosecutors in the last days, official sources told news agency Agerpres. read more...
|
|
|