BNR Exchange Rates
22.02.2012- 1 EUR
4.3602 RON - 1 USD 3.2954 RON
- 1 CHF 3.6120 RON
- 1 GBP
5.1815 RON - 1 gr. aur185.7489 RON
Romanian business news Last update: 23.02.2012
-
16 Feb 2012 | EBRD supports Cora's expansion in Romania The EBRD is promoting the modern format food retail industry in Romanian regions with a syndicated loan of up to €210 million to Louis Delhaize, a reputable European retailer, to finance the company's investment programme in Romania.… read more -
15 Feb 2012 | OTP Bank launches a new campaign for personal loans OTP Bank Romania comes to meet its clients' needs with a special fixed interest, of only 15,79%* (DAE 16,98%) and with a fast approval term, of only 48 hours, for the personal loan in RON, without mortgage.… read more
-
13 Feb 2012 | BCR - loans in amount of EUR 300 million under the Program First House 4 The average value of a loan from the First House 4 Program is in amount of EUR 37.700, in decrease towards the first stage of the program when the average value was of EUR 41.200. In addition, the average value of the advance paid by the clients to purchase their first house was of 10%. The clients have thus benefited by the preferential interest conditions and advance granted throughout the program. … read more
-
10 Feb 2012 | Combined revenues of the top 20 Deloitte Football Money League clubs exceed €4.4bn to defy European economic woes The combined revenues of the world's 20 highest earning football clubs have defied European economic woes by growing 3% on the previous year, according to the latest Football Money League from Deloitte, the business advisory firm… read more
-
09 Feb 2012 | Five banks join the partnership between RBS Romania and Vodafone for the payment of mobile telephony bills by inter-bank direct debit RBS and Vodafone announce the extension of their partnership providing inter-bank direct debit service for the payment of mobile phone bills. Thus, after the announcement early last year of the first agreement with Millennium Bank, RBS Romania has concluded similar partnerships with four other banks throughout 2011.… read more
-
09 Feb 2012 | The Western Union Company reported financial results for the 2011 ENGLEWOOD, Colo.--(BUSINESS WIRE) -- The Western Union Company (NYSE: WU) reported financial results for the 2011 fourth quarter and full year, and its financial outlook for 2012. … read more
-
09 Feb 2012 | Vodafone Romania reports financial results for the third quarter of the financial year 2011 - 2012 Vodafone Romania announces key performance indicators for the third quarter of the financial year 2011/2012, ended December 31, 2011, as reported today by Vodafone Group Plc. … read more
-
07 Feb 2012 | Business needs to do more to manage deal risks in growth markets, urges PwC report Doing deals in growth markets is an important way in which companies in developed countries can seek to drive growth as their traditional markets remain stagnated. But these deals can be both fraught with risk and costly when they go wrong. … read more
-
07 Feb 2012 | Business COSMOTE Romania advises parents to keep their children safe on the internet, for the 4th year in a row COSMOTE Romania gets involved in promoting a safe internet for children, for the fourth year in a row. With the occasion of the Safer Internet Day, on February 7th, the company wil launch a complex communication campaign thus contributing to the largest national campaign aiming to protect children and youngsters against inadequate digital content.… read more
-
06 Feb 2012 | President Basescu names Mihai Razvan Ungureanu to head new Gov't of Romania Mihai Razvan Ungureanu was named Monday evening to head the government of Romania following President Traian Basescu's consultations earlier in the day with the delegations of parliamentary parties.… read more
-
02 Feb 2012 | BNR decide do lower the monetary policy rate to 5.50 percent In its meeting of February 2, 2012, the Board of the National Bank of Romania decided the following: to lower the monetary policy rate to 5.50 percent per annum from 5.75 percent starting with February 3, 2012.… read more
-
02 Feb 2012 | Romania: Record Transaction for the Office Market Outside Bucharest City Business Centre (CBC) in Timisoara Sold to NEPI Jones Lang LaSalle (JLL) has acted as the exclusive advisor on behalf of the vendors, Ovidiu Sandor and his business partners, for the disposal of the office park City Business Centre in Timisoara, Romania, to the South-African investment fund New Europe Property Investments (NEPI).… read more
-
30 Jan 2012 | METLIFE TO ACQUIRE THE CZECH, HUNGARIAN AND ROMANIAN OPERATIONS OF AVIVA plc MetLife, Inc. (NYSE: MET) has agreed to acquire from Aviva plc its life insurance businesses in the Czech Republic (Aviva Czech Life) and Hungary (Aviva Hungary Life), and its life insurance and pension businesses in Romania (Aviva Romania Life and Pensions). … read more
-
27 Jan 2012 | BNR: Silver coin dedicated to 10 years anniversary of introducing euro coins and bills Pursuant to the provisions of Law No. 312/2004 – The Statute of the National Bank of Romania, on 30 January 2012, the National Bank of Romania will put into circulation, for numismatic purposes, a silver coin dedicated to the 10 year anniversary of the introduction of the euro banknotes and coins.… read more
-
19 Jan 2012 | Deloitte: Top Trends in Telecommunications in 2012 Increased popularity of smartphones has pushed for cheaper handsets, and the end of 2012 will see over half a billion low cost smartphones already in use; separately, strained networks will force providers to impose some restrictions on Internet consumption, according to Deloitte's annual Predictions for the Technology, Media & Telecommunications (TMT) sector, now at their 11th edition. … read more
-
19 Jan 2012 | PwC: Big spending predicted in 2012 for gold mining companies According to PwC's new annual Gold Price Report, 80% of mining companies expect the price of gold to continue to increase this year, with the majority of respondents expecting gold to peak at US$2,000 per ounce in 2012. … read more
-
18 Jan 2012 | The value of tax payments by card almost doubled in the first 11 months of 2011, to RON 69.4 million Visa Europe, together with member banks from Romania, develops for the third year in a row, between January and March 2012, the national campaign to promote card usage for paying local taxes. … read more
-
18 Jan 2012 | Deloitte: Top media trends in 2012. Media consumption is equally split between tradition and latest technologies The old and the new continue to work together in the media industry, as some traditional channels maintain a strong foothold among consumers' preferences, while new technologies gain speed and increase penetration rates, according to Deloitte's annual Predictions for the Technology, Media & Telecommunications (TMT) sector, now at their 11th edition. … read more
-
13 Jan 2012 | BNR: the balance-of-payments current account posted a deficit of EUR 4,230 million In January-November 2011, the balance-of-payments current account posted a deficit of EUR 4,230 million, 6.6 percent lower than in the same year-ago period, due mainly to the decrease in trade deficit by 11.7 percent. … read more
-
06 Jan 2012 | BNR lowers the monetary policy rate to 5.75 percent - details The NBR will further monitor domestic and global economic developments so as, by accordingly adjusting its available instruments, to ensure the fulfilment of its objectives of achieving and maintaining price stability in the medium term, as well as financial stability. … read more
-
05 Jan 2012 | BNR lowers the monetary policy rate to 5.75 percent In its meeting of January 5, 2012, the Board of the National Bank of Romania decided the following:… read more
-
22 Dec 2011 | Intesa Sanpaolo Bank has increased its capital with 323 million lei (75 milion euro) Intesa Sanpaolo Bank is increasing its capital with 323 million lei (75 million euro), by issuing new shares, underwriting pro-quota by the two shareholders. The value of the capital increased with 65% from 491.111.110 lei up to 814.111.110 lei. Following the capital increase, the percentages shares remained unchanged: Intesa Sanpaolo SpA owns 99,61% from the shares and Intesa Sanpaolo Holding International S.A. 0,39%. … read more
-
21 Dec 2011 | Clients Vote for Citibank as the Best Cash Management Bank in Central and Eastern Europe in Euromoney's 2011 Survey
Citibank's Treasury and Trade Solutions business has been named the top-rated Cash Management Bank globally and in Central and Eastern Europe in Euromoney's annual cash management survey.… read more
-
21 Dec 2011 | National Bank of Romania: a gold coin dedicated to The History of Gold - The Cross from Garvan Dinogetia. Pursuant to the provisions of Law No. 312/2004 on the Statute of the National Bank of Romania, on 22 December 2011, the National Bank of Romania will put into circulation, for numismatic purposes, a gold coin dedicated to The History of Gold - The Cross from Garvan Dinogetia. … read more
-
20 Dec 2011 | Alexandru Leondari - Deputy General Manager Eureko Asigurari Starting 5 December 2011, Alexandru Leondari is added to the current executive team of Eureko Asigurari as Deputy General Manager, his appointment having been approved by the Insurance Supervisory Commission.… read more
-
19 Dec 2011 | Emerging Markets, monthly market report from Raiffeisen Capital Management During November the capital markets were once again buffeted by intense volatility. Equity markets in the Emerging Markets suffered some sharp losses, especially in China and India. … read more
-
15 Dec 2011 | Jones Lang LaSalle Honoured in Eurobuild Awards 2011 On 8th December at the Eurobuild Awards in Warsaw Jones Lang LaSalle, the financial and professional services firm specialising in real estate, has been awarded Investment Agency Team of the Year in the region of Central and Eastern Europe.… read more
-
13 Dec 2011 | EBRD launches a venture capital programme for technology companies
€100 million for innovative companies in software, Internet, communications, semiconductors, mobility and cleantech sectors.
The EBRD is launching a new venture capital investment programme for early and growth stage companies operating in technology sectors. … read more
-
12 Dec 2011 | Global sports revenues will grow to 145.3 billion USD over the next four years, shows a PwC analysis Despite the ongoing troubling economic climate, the sports industry has continued to thrive with many major sporting events proving to be more popular than ever. The popularity of these major events is supported by on-going improvements in broadcasting and technology which is allowing better quality coverage than seen before… read more
-
12 Dec 2011 | ATE Bank Romania increased the share capital ATE Bank Romania announces the completion of the procedures of increasing the share capital with the amount of 84,472,000 lei (equivalent to 20 million euro).… read more
Most Popular News
- Three billion euros to be invested in energy private-public partnerships
- Romanian state plans to keep 8 pct of Petrom, at least
- IMF mission extends stay in Romania till May 9
- IMF, FinMin Vladescu discuss Government revenues collection
- Videanu admits that he is in conflict of interests in connection to Marmosim
- Greece gets 110 billion euros, biggest bailout in history
- BNR governor Mugur Isarescu: Situation is quite complicated
- Romanian-German meeting on fresh cooperation opportunities
- Gov't to earmark 6.4pc of GDP for investment
- FinMin Vladescu: Cutting 25pc off public wages pool will not generate needed savings
