Archive » August 2009 » 25 August 2009 The english news from 25 August 2009
Sales Of New Apartments In Cap City Dn 6-Fold In 1H - Colliers
The number of new apartments sold in the capital city Bucharest was almost six-fold lower in the first semester, at 515 units, from 3,000 units in the same period a year ago, according to a survey of Colliers real estate consultancy company.…
89 days to elections. Economists are voting IMF
The Social Democratic Party (PSD) - Democratic-Liberal Party (PD-L) coalition agreed that the data for the first round of presidential elections should take place on 22 November, a decision which must be validated by the government, PSD Senator Lia Olguta Vasilescu said yesterday.…
Anti-crisis measures related to Gov't taking responsibility
The leaders of the ruling coalition of the Democratic-Liberal Party, PD-L, and the Social-Democratic Party, PSD, will assume responsibility in Parliament.…
DB: Nonperforming loans to hit a 15-20% high in 2010
Nonperforming loans (NPL), the major concern of banks, will come to make up 15-20 percent of total loans by the end of the first half of 2010, five times more than at present, according to a study by Deutsche Bank.…
Romania's core bourse ended session with massive hikes, underpinned by optimism on external markets
Optimism on the external capital markets pushed up the Bucharest Stock Exchange (BSE) on yesterday's closing, the most liquid stocks climbing an average 3.50 percent, while the financial companies known as SIF boosted almost 5 percent.…
The largest PepsiAmericas bottling factory in Europe, built in Ilfov
PepsiAmericas, the second Pepsi - Cola large bottler worldwide, built in Dragomiresti, Ilfov County, the largest factory in Europe of this company, following an investment amounting to USD 150 M, where it relocated part of the activities from Bucharest.…