Banca Transilvania CEO Resignation Points To Shift In Strategy
People close to the matter say Rekkers requested an extension, to which the board did not agree, ZF reports.
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cele mai relevante primeleRomanian Romgaz Awards RON88.3M Contract To Upgrade Storage Facility
Romanian state-run natural gas producer Romgaz Medias has awarded an 88.26 million lei (EUR20.3 million) contract to INSPET Ploiesti to upgrade its storage facility in Bilciuresti locality
Romanian Adrem Invest 2011 Sales Up 60% To RON120M
Romanian engineering company Adrem Invest Wednesday said its sales rose 60% to over 120 million lei (EUR27.5 million) in 2011, fueled by growing business opportunities.
UPDATE: Romanian SIF Moldova Sells BCR Stake To Erste
Shareholders of regional investment fund SIF Moldova (SIF2.RO) on Monday agreed to sell the fund’s 6% stake in lender BCR to Erste Group Bank (EBS.RO), the fund said in a statement
NBG Switches To EUR4M 9-Month Loss In Romania
The National Bank of Greece (NBG) Tuesday said it has switched to a loss of EUR4 million on the Romanian market in the first nine months, from profit a year earlier, hit by falling
Bank Leumi Romania 9-Month Loss Halves To RON12.3M
Bank Leumi Romania reported a loss of 12.3 million lei ($3.8 million) in the first nine months, half from RON24.8 million a year earlier, parent group Israeli Bank Leumi said in it...
Romanian Telecom Regulator Suggests Changes To Radio Spectrum Billing
Romanian telecom operators might be billed for the use of the radio spectrum at the end of every quarter or year, rather than at the beginning, as is done currently, according to a
Romanian SNLO To Lay Off 300 People By Yearend
The employees laid off will recieve compensation pay, according to the explanatory not of an Economy Ministry decision.
Romania To Sell 10% In Hidroelectrica By November 2012
of intent to a EUR3.5 billion loan with the International Monetary Fund.
State-Owned Stake In Fondul Proprietatea Narrows To 4.19%
The Finance Ministry transferred in November a total 1.74% stake in investment fund Fondul Proprietatea (FP.RO), as compensation, which narrowed the ministry's stake in the fund to