Archive » August 2008 » 01 August 2008 The english news from 01 August 2008
Romania's financial companies drop 2.9% on the BSE on closing, on low liquidity
The five Romanian financial companies (SIFs) depreciated an average 2.9 percent on closing on the Bucharest Stock Exchange (BSE), following a lower liquidity…
Romcar set to lose Ford imports in Romania
Ford Romania, the local subsidiary of the U.S. car maker, which last year acquired Automobile Craiova, is to take over the importing and distribution of the Ford brand in Romania, according to representatives of current importer, Romcar…
BNR increases key interest to 10.25%
The Romanian National Bank (BNR) increased key interest from 10 to 10.25 percent, taking the financial market by complete surprise. BNR also decided not to modify the level of mandatory minimum reserves…
Orange Romania incomes increased by 8.8 percent in H1
Orange Romania, largest mobile phone operator in terms of turnover and clients, increased income by 8.8 percent in the first half of this year, to €321 million, while its client base reached 10.088 million, 18 percent higher than in H1 2007…
Romania's Rompetrol To Cut Gas, Diesel Oil Pump Prices By RON0.08, RON0.05 Per Liter
Romania's second-largest oil company Rompetrol Group NV, owned by Kazakhstan's KazMunaiGaz, will cut Friday its gasoline and diesel oil pump prices by 0.08 lei (EUR1 = RON3.5366) per liter, and RON0.05 per liter, respectively, the company said in a statement…