Romanian Rominserv Sees Revenue Down To $200M In 2011
Rominserv Valves Iaifo Zalau, the general contractor of Romania’s second-largest oil group Rompetrol, estimates total revenue of $200 million in 2011, slightly down from $217 million
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Rominserv Valves Iaifo Zalau, the general contractor of Romania’s second-largest oil group Rompetrol, estimates total revenue of $200 million in 2011, slightly down from $217 million
Lender Volksbank Romania will be transferred to a new division of Austrian group Volksbank, which includes non-core businesses, along with Volksbank Leasing International and Volksbank
Romanian plastic systems maker Romcarbon Buzau (ROCE.RO) plans to draw capital for the development of activity at three firms where it holds stock in association with investment fund
The Romanian leu opened Wednesday with a strengthening trend against the euro, on low traded volumes, while activity was reduced in the market.
Austrian Erste Group Bank (EBS.RO) on Monday announced it has taken over another 6% in Romanian lender BCR, following deals struck with the five regional investment funds, or SIFs,
Nuclearelectrica, operator of Romania's sole nuclear power plant at Cernavoda, Monday shut down the plant's reactor 2 in order to repair a malfunction.
Romanian insurer AXA Life Insurance won in November an auction held by electricity distributor Electrica, for a 18.1 million lei (EUR4.23 million) health insurance contract.
The Romanian leu opened Wednesday roughly flat on the day, in a market with little to no activity.
Romania's central bank Wednesday pumped 524 million lei (EUR121.3 million) into the market in a five-day repurchase agreement operation at an interest rate of 6% a year, equal to the
subsidiaries Tubular Products Roman (PTRO.RO) and Tubular Products Iasi (TPRO.RO).