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 primeleRomanian Banca Carpatica Appoints New Board Member
The shareholders of Romanian lender Banca Carpatica (BCC.RO) on Tuesday appointed Silviu Popa as member of the Supervisory Board, replacing Emilia-Elena Uca, who resigned in May.
Euronet 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
, allowing the bank to provide up to EUR87.5 million in new loans.
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 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
Number Of Romanian Insolvencies Higher In November
The number of companies going insolvent in Romania in November increased by 15% on the month, to 2,062 from 1,783 in the previous month, according to trade registry data.