Archive » August 2006 » 07 August 2006 The english news from 07 August 2006
Romania: Public External Indebtness of 14.2% is Below Recommended Level
Romania's public external indebtedness was 14.2 percent of the GDP, read a note presented by the Finance Ministry to the latest meeting of the Government, ACT Media news agency reports.…
Romania: Gov't Prepares Floatation of RomTelecom's Shares
Romania’s Ministry of Communication and IT, or MTCI will sign with investment bank Credit Suisse First Boston an advisory contract on floating its remaining 45.99% stake in the country’s largest fixed-line operator RomTelecom.…
Romania: Banca Romaneasca's H1 Consolidated Profit Rises 97,1%
Banca Romaneasca, a subsidiary of the National Bank of Greece, posted a significant rise in H1 consolidated profit of 97,1%.…
Romania: Rompetrol Opens First Mobile Distribution Station
Rompetrol Downstream, the retail division of the Rompetrol Group, in partnership with Rominserv, launched the first mobile fuel distribution station.…
Romania: AVAS Dismisses 5 Companies from its Portfolio
The President of the Authority responsible for State Assets Resolution (AVAS), Razvan Orasanu, dismissed, following controls performed by the directorate in charge of this within the institution, the managers of Bucharest based companies Aversa, National Glass Institute, IMOD, Rami Dacia, and Terom Iasi respectively, Nine o' clock reports.…
Romania: Rodipet Becomes Again State Run Agency
Ministry of Public Finances (MFP) has become the major shareholder in Rodipet, following that the arrears of the institution held in the press distribution company, amounting to RON 16.37 M, have been switched into shares, Nine o' Clock reports.…
Romania: Value of Bourse-Listed Companies up 8.3% in July
The market value of the companies listed on the Bucharest Stock Exchange increased by 8.30% in July from 57.9 bn lei to 62.7 bn lei, on the background of advantageous tax conditions, ACT Media news agency reports.…
Romania: Eurobank plans €170m investments
EFG Eurobank, the majority shareholder of Bancpost, targets investments worth some 170 million euros in Romania this year, with one of its goals being to sustain the expansion of the network to 210 branches, according to the results presented recently in Athens, ACT Media news agency.…
Romania: Roman Brasov to Supply 1,000 Trucks to US Department of Defence
The Brasov-based truck manufacturer Roman will supply 1,000 units to the US Department of Defence, under a contract worth 130 million euros signed in December 2005, ACT Media news agency reports.…
Romania: BCR, BRD, Raiffeisen Lead Local Banking Market
The Romanian Commercial Bank (BCR), BRD-Groupe Societe Generale, Raiffeisen and ING Bank maintained their leading positions by their market share, ACT Media news agency reports.…