Archive » August 2008 » 28 August 2008 The english news from 28 August 2008
Alpha Bank profit close to triple year-on-year
Alpha Bank Romania, ranking sixth on the local banking market, posted gross profit worth €33.2 million in the first half of 2008, 165.6 percent higher year-on-year, due to an 81 percent increase on the lending segment, especially for retail, according to the lender's financial report…
Romanian lender Credit Europe Bank doubles share capital to EUR 189m, in a bid to develop business
Shareholders of Credit Europe Bank, controlled by the Turkish group Fiba, decided to add 375 million lei to its share capital to 675 million lei, in a bid to develop business, according to the bank's representatives…
Millennium Bank Romania to add 38 units to network by the end of the year, on expansion plans
Romanian lender Millennium Bank, the unit of Portugal's largest private bank Millennium, plans to open 38 new units by the end of the year, in a bid to reach 80 units countrywide, as well as to hire more people, according to the bank…
Romanian lender ProCredit Bank ups assets by 8% y/y in H1, to EUR 308m
ProCredit Bank Romania, part of the ProCredit group, added 8 percent to its assets in the first six months of the year, to 308 million euros, according to the bank…
CEZ buys wind farm project in Romania
Czech power group CEZ and Continental Wind Partners LLC, a major renewable power developer, concluded the sale of CWP's adjacent Fantanele and Cogealac wind farms in Romania to CEZ…
Ford invites suppliers to new plant
Ford of Europe has invited 40 top European automotive industry suppliers to its newly-acquired Romanian assembly plant on 3 September…
Mechel Announces Commissioning of Gas Cleaning System at Its Otelu Rosu Facility in Romania
Mechel OAO, one of the leading Russian mining and metals companies, announces it is launching a gas cleaning system in the arc furnace shop of its Otelu Rosu facility at Ductil Steel, a Romanian company acquired by Mechel in April 2008…