Archive » August 2008 » 12 August 2008 The english news from 12 August 2008
Financial company SIF Transilvania reports 18% drop in H1 net profit to 75.35m lei
One of the five financial companies SIF Transilvania (SIF3) posted 18 percent decrease of its first half net profit year-on-year to 75.35 million lei after revenues also reduced, according to the Bucharest Stock Exchange (BSE)…
Transilvania Leasing to absorb Grup Bianca Leasing, add 32% to share capital
Leasing companies Transilvania Leasing and Grup Bianca Leasing, both controlled by financial company SIF Transilvania, will merge through absorption; the former will takeover the latter and hike share capital 32.8 percent to 44.23 million lei, according to shareholders' decision…
Romania's Rompetrol To Cut Gas, Diesel Oil Pump Prices By RON0.04, RON0.08 Per Liter
Romania's second-largest oil company Rompetrol Group NV, owned by Kazakhstan's KazMunaiGaz, will cut Tuesday its gasoline and diesel oil pump prices by 0.04 lei (EUR 1 = RON 3.5644) per liter, and RON0.08 per liter, respectively, the company said in a statement…
Romanian Govt Doubled Pay For Workers Rebuilding Homes Destroyed In Floods
The Romanian government doubled the sum destined to pay workers rebuilding homes destroyed by recent floods in northern and eastern Romania, said Monday Alexandru Baisanu, prefect of the northeastern county of Suceava…
ENI wants South Stream through Romania
The Italian group ENI has become tired waiting until Serbia eventually reaches the conclusion whether it is worthy or not to ratify the agreement with Russia, addressing oil and natural gas, a document which entails the acquisition of the company Naftna Industrija Srbije (NIS) and the construction of South Stream oil pipe…