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…