Archive » August 2008 » 07 August 2008 The english news from 07 August 2008
Groupama to sell its own insurance as of this fall
Groupama insurance company finalized its €350 million takeover of Asiban yesterday, after receiving all necessary approvals…
Romania's construction market increased by 33% in H1
The housing and industrial building deficit, and Romania's substandard infrastructure, has lead to an important advance for the construction market in H1 2008, of 33.2 percent…
Average price of apartments in Bucharest falls 3% m/m in July, study shows
The average price for an apartment in Bucharest went down 3 percent compared to the previous month, when it stood at 119,901 euros, according to a study of the real estate company MagazinulDeCase.ro…
Romania's electricity resources up 8.7% y/y in H1, on output growth, statistics show
Romania's electricity resources and primary electricity resources advanced 8.7 percent, respectively 1.5 percent in the first half of the year against the same period last year, according to a release issued by the National Statistics Institute (INS)…
Import Gas Price To Hike In Romania In 4Q '08 - E.ON Gaz
The import gas prices will hike in the last quarter of 2008, Frank Hajdinjak, president of the managing board of gas distributor E.ON Gaz Romania, the local unit of Germany's giant E.ON, said Wednesday in the central Romanian city of Targu Mures…
Petrom: Net profit of RON 1.664 bln in Q1
Petrom has registered a net profit of RON 1.664 bln in Q1 of this year, almost twice larger than the net result of RON 887 M, registered in the same period last year, according to the financial results published yesterday by the company, Agerpres informs…
Delhaize Gets Approval For La Fourmi Acquisition
The Romanian competition regulator has approved the sale of the La Fourmi chain to Delhaize. The regulator said it does not expect the deal to lead to consolidation or to establishment of a dominant position on the relevant markets and does not harm the competition environment in Romania…