Romanian Leu Weakens Vs Euro, Following Region
The Romanian leu opened Friday nearly flat on the day, but it soon entered a downward trend, following the other currencies in the region, on fears of the sovereign debt crisis and
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cele mai relevante primeleEuronet Worldwide Takes Over Romanian Smart PayNetwork
US-based Euronet Worldwide announced it has bought Smart PayNetwork (PayNet), a Romanian payment services supplier that processes around 15 million card transactions each year.
Romanian UniCredit, EIF Sign EUR87.5M JEREMIE Agreement
The European Investment Fund and Romania’s UniCredit Tiriac Bank have signed a guarantee agreement under the Joint European Resources for Micro to Medium Enterprises (JEREMIE) initiative
Moody’s: Romanian Banks Under Increasing Outside Pressure
Moody’s Investors Service Monday warned Romanian banking system could come under increasing pressure due to the escalation of the European banking and sovereign debt crisis.
Romanian Authorities Set Up Strategy For SNLO
Romanian authorities will continue to lay off staff at coal mining company SNLO, cease underground activity, remove positions created through direct employment and send staff into furlough
Romanian Chimcomplex To Build EUR22M Power Unit
Romanian chemical plant Chimcomplex Borzesti (CHOB.RO) will invest up to EUR22 million in a new thermal power unit, the company said in a statement Tuesday.
Romanian Proprietatea Fund Loses Lawsuit Against Romarm
Romanian investment fund Fondul Proprietatea (FP.RO) has lost a court action against military defense contractor Romarm requesting the registration of ownership right over approximately
Romanian BCR To Replace Retail Vice-President
This new appointment is subject to approval by the Romanian central bank. “(Skopek) will continue to steer Group-wide retail activities and will also remain Chairman of the Group-wide
Romanian Oltchim Maintains Furlough For 1,000 Employees
Romanian chemical company Oltchim (OLT.RO) will maintain 993 employees on furlough in January 2012, continuing a measure taken over the past five months for lack of raw materials and
Romanian ELCEN Seeks Loan For Raw Materials
Romanian thermal power producer Electrocentrale Bucuresti (ELCEN) on Wednesday said it plans to take out a 5-year loan worth between 150 and 300 million lei (EUR35-70 million) to buy