BNR Exchange Rates
16.05.2012- 1 EUR
4.4463 RON - 1 USD 3.4987 RON
- 1 CHF 3.7020 RON
- 1 GBP 5.5669 RON
- 1 gr. aur
172.7896 RON
Romanian business news Last update: 17.05.2012
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15 May 2012 | Business Call for Entries for Deloitte Central Europe Technology Fast 50 2012 Deloitte launched the registration session for Technology Fast 50, an annual competition which recognises and ranks the fastest-growing technology companies in Central Europe. Registration for this high-profile regional and industry awards competition is open until July 13.… read more -
14 May 2012 | Millennium Bank offers term deposits with monthly interest payment Millennium Bank clients who want to save on long term can now benefit from the new "12 winning months” deposit, which provides monthly payment of the interest. The gains from the interest rate are transferred automatically by the bank in the current account indicated by the client. The deposit is available in lei, with a 12 month maturity, and can be created with a minimum amount of 1,000 lei.… read more
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07 May 2012 | Deloitte European Salary Survey: Sweden, Belgium and the Netherlands, at the top of the pyramid of the tax systems Deloitte has recently published the second edition of its annual European Salary Survey, which analyzes salary costs throughout 11 states in the European Union. The study makes an assessment of the tax regime applicable to salary income and provides also a tax efficiency ranking within the present economic environment.… read more
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07 May 2012 | Citibank Romania Announces New Partnerships Extending its ATM and Repayment Network by 500 Locations Countrywide Citibank Romania extends its distribution by 500 locations through three new partnerships with Credit Europe Bank, Euronet and Rompay, in order to provide its customers with more convenience as well as increased accessibility in performing their daily banking operations.… read more
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04 May 2012 | NBR delivers a silver coin dedicated to Sergiu Celibidache – 100 years since his birth. Pursuant to the provisions of Law No. 312/2004 on the Statute of the National Bank of Romania, on 9 May 2012, the National Bank of Romania will put into circulation, for numismatic purposes, a silver coin dedicated to Sergiu Celibidache – 100 years since his birth.… read more
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04 May 2012 | MILLENNIUM BCP NAMED BEST BANK IN PORTUGAL FOR SECOND STRAIGHT YEAR BY EMEA FINANCE For the second year in a row Millennium bcp has been named "Best Bank in Portugal” by EMEA Finance magazine.… read more
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03 May 2012 | PwC Romania awarded by the Babes-Bolyai University PwC Romania awarded for its contribution to the development of Romanian entrepreneurship by the Business Faculty of the Babes-Bolyai University… read more
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03 May 2012 | COSMOTE Romania launches a new advertising campaign promoting its Business Portfolio COSMOTE Romania presents a new advertising campaign, developed by Ogilvy&Mather Romania, highlighting the integrated business solutions the company provides for business customers choosing to enhance their employees' productivity by adopting state of the art, customized communication solutions. … read more
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03 May 2012 | On April, National Bank of Romania's foreign exchange reserves stood at EUR 34,336 million On April 30th, 2012, National Bank of Romania's foreign exchange reserves stood at EUR 34,336 million, compared to EUR 34,604 million on March 31st, 2012.ina. Max. 400 de caractere… read more
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02 May 2012 | BCR achieves solid quarterly operating result despite economic slowdown Operating performance in Q1 2012 reached a solid result of RON 610.0 million (EUR 140.3 million), maintaining almost flat on Q1 2011 (+0.2%) in the context of a challenging economy. The market conditions remain tough with a modest loan demand and the interest margins under continuous pressure.… read more
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02 May 2012 | The National Bank keeps unchanged the monetary rate In its meeting of May 2, 2012, the Board of the National Bank of Romania decided the following:
to keep unchanged the monetary policy rate at 5.25 percent per annum; … read more
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27 Apr 2012 | Tomas Spurny begins mandate as BCR CEO Tomas Spurny (47) begins mandate as CEO of Banca Comerciala Romana (BCR), following approval by the National Bank of Romania (NBR). Mr. Spurny has been appointed at the helm of BCR earlier this year by the Supervisory Board of BCR, succeeding Dominic Bruynseels whose mandate came to end.… read more
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25 Apr 2012 | PIC reorganization plan approved by creditors and confirmed by the syndic judge The former hypermarket network of PIC to be bought by Succes NIC COM over the next three years… read more
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18 Apr 2012 | Upgrading water supply network in Romania's Mures county €15.9 million loan to S.C. Compania Aquaserv S.A. About 300,000 residents of Romania's Mures and Harghita counties are to benefit from improved water and wastewater services, and 60,000 people will gain access to a reliable water supply with the support of a €15.9 million financing from the EBRD. … read more
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11 Apr 2012 | COSMOTE Romania introduces the online payment service COSMOTE Romania introduces the online payment service, an easier and time-saving way to pay the monthly bill or to recharge a prepaid SIM card. The online payment service is available by simply accesing/creating a WebCare account. … read more
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11 Apr 2012 | Romanian managers now have direct access to Japanese and South Korean markets through EU funded training programme Managers within Romanian companies can apply to the Executive Training Program (ETP), an European Commission-funded initiative implemented by Deloitte, that provides European, subsequently Romanian companies with the necessary business, language and cultural training to succeed in the Japanese and Korean markets. … read more
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10 Apr 2012 | Deloitte announces new application session in the EU Gateway program The European Commission sponsored program EU Gateway opens a new application session aimed at companies active in the Construction and Building Technologies (CBT) Industry for an economic mission to Japan (deadline for application: 8 May, 2012, mission program and location: 24 - 28 September, Tokyo).… read more
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10 Apr 2012 | Nokia Lumia 710 and Nokia Lumia 800 available in the retail networks of COSMOTE and Germanos Romania COSMOTE Romania and Germanos announce the availability of two of the most famous smartphones from Nokia, Lumia 710 and Lumia 800, which are the perfect choice to keep you connected will all the events around you, especially if combined with COSMOTE Smart XXL tariff plan, which includes 2.5 GB data traffic, 3,000 on-net minutes and SMSs, 3,000 minutes to Romtelecom fixed network, 500 on-net MMSs, 500 off-net minutes, for 55.80 euro (VAT included).… read more
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04 Apr 2012 | EBRD helps bring cable TV and broadband internet services to Romania's regions euro15 million loan to Digital Cable Systems The EBRD is supporting the expansion of cable TV and broadband internet services and the development of the information and communication technologies sector in Romania with a €15 million loan to Digital Cable Systems (DCS), one of the leading cable TV operators in the country. … read more
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02 Apr 2012 | Millennium Bank refinances credit cards and overdrafts with less than half of the average interest rate on the credit card market Millennium Bank clients can refinance their credit cards and overdrafts with only 12% annual interest rate, which represents less than half of the credit card average interest rate on the market*, by accessing the bank's credit card with the new refinancing option. … read more
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30 Mar 2012 | Raiffeisen Bank International posts highest profit before tax since the start of the financial crisis Raiffeisen Bank International AG (RBI) posted a profit before tax of € 1,373 million for the financial year 2011, which represents a year-on-year increase of around 7 per cent. Despite a challenging economic environment, RBI thus managed to achieve its highest annual pre-tax profit since the start of the financial crisis in 2008. The bank's return on equity before tax remained unchanged at 13.7 per cent. … read more
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29 Mar 2012 | COSMOTE Romania launches the greatest Earth Hour Challenge COSMOTE Romania will mark the 2012 Earth Hour, on March 31st, with the first outstanding initiative directly linking mobile telephones to environment's protection. … read more
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21 Mar 2012 | EBRD launches new strategy for Romania Bank ready to invest €400-€500 million annually in the country The EBRD's Board of Directors has adopted a new three-year strategy for Romania, which outlines the Bank's key priorities for supporting the country's further transition. … read more
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19 Mar 2012 | Millennium Bank offers promotional bid bonds with no hard collateral and competitive pricing Companies with a turnover of minimum EUR 500,000 participating to bids can now benefit from Millennium Bank's Bid Bonds promotional offer. Clients are not required any hard collateral and the bid bonds' maximum limit can go up to RON 450,000, depending also on the company's turnover and needs for issuing letters of guarantee. As a consequence, the bid bonds can be issued very quickly after the client's request.… read more
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14 Mar 2012 | COSMOTE Romania and Piconet introduce parking payment through SMS in four cities from West Romania COSMOTE Romania in partnership with Piconet launched the SMS parking payment service in Timisoara, Resita, Oradea and Satu Mare. The payment process will be simplified in this way and the service users will save more time.… read more
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13 Mar 2012 | Bonuses for Millennium Bank credit cardholders recommending new clients Millennium Bank credit cardholders can now benefit from a special bonus if they recommend new clients for credit cards. The recommended clients also receive the special premium. Within the recently launched "Make new Bank mates!” programme, credit cardholders recommending potential clients who become Millennium Bank credit cardholders automatically receive a 50 lei bonus.… read more
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07 Mar 2012 | OTP Bank Romania has increased its share capital The Romanian Court of Registration registered the capital increase - in the amount of RON 139,999,920 - the Romanian subsidiary of OTP Bank, on February 29th, 2012.… read more
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07 Mar 2012 | Allianz accepts Greek sovereign bond conversion offer Allianz will accept Greece's offer of a voluntary conversion of Greek sovereign bonds. After thorough discussion, the Board of Management of Allianz SE has found this conversion to be economically viable for the Allianz Group. … read more
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06 Mar 2012 | Sony Ericsson Xperia Neo V, exclusively available in March in COSMOTE and Germanos Romania retail networks Starting the 8th of March, COSMOTE and Germanos Romania announce the exclusive availability during this month for Sony Ericsson Xperia Neo V, the perfect smartphone for panoramic photos.… read more
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28 Feb 2012 | Sony Ericsson Xperia Arc S, available starting March at COSMOTE and Germanos Romania COSMOTE and Germanos Romania announce the availability in all stores, starting March, of the new Sony Ericsson Xperia Arc S, the handset awarded by the European Imaging and Sound Association (EISA), for the best camera phone - 8.1 MPx for 2011-2012.… read more
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