Archive » August 2008 » 31 August 2008 The english news from 31 August 2008
Feud for SIF Oltenia management
The Presidents of two financial investment companies (SIF), Catalin Chelu, head of SIF Moldova, and Dinel Staicu, President of SIF Oltenia, are fighting for the management of the latter financial investment company…
Banca Romaneasca's half-year earnings up to 2008 profit target
The net earnings of lender Banca Romaneasca, the 11th largest player on the local banking system in terms of assets, tripled year-on-year in the first half of 2008, due to higher revenue from interest…
Maserati, Jaguar and Smart are purchased exclusively in Bucharest
Jaguar, Maserati, Smart and Cadillac luxury car brands are bought exclusively in Bucharest, according to data from Automotive Manufacturers and Importers Association (APIA)…
Austrian insurer Uniqa posts 18.5 percent lower gross profit y/y in H1, to EUR 110m
Austrian insurance group Uniqa saw gross profit down 18.5 percent in the first half of the year versus the same period in the previous, on hike in business in Eastern Europe, according to the group…
Over 60% Of Romanian Employees State Minimum Wage
Some 4 million Romanians, representing over 60% of employees, submitted fiscal statements for 2007, declaring minimum wage income, while at least 2.4 million employees, one third of the total, said they lived on the minimal gain of RON390 per month…