Archive » December 2006 » 29 December 2006 The english news from 29 December 2006
Bulgaria: Sofia Airport Opens New Passenger Terminal
The keenly - awaited new terminal of Sofia Airport was officially inaugurated December 27, a year and a half behind schedule and despite ongoing construction works, Novinite.com…
Romania: Antibiotice Iasi Expects 20% Rise in Revenues in 2007
Local drug producer Antibiotice Iasi estimates turnover will rise by 20% next year against this year, according to Ziarul Financiar.ro reports.…
Romania: Mutual Funds Lose Battle with BET
Investment funds saw their average yield drop to around 8% this year, that is a little more than what a banking deposit yielded during this period, Ziarul Financiar.ro reports.…
Romania: Rondocarton Turnover Up 15%
Cluj-based Rondocarton, a producer of corrugated cardboard, saw its turnover advance by 15% this year, above the market average, put at 5%, Ziarul Financiar.ro reports…
Romania: NBR Will Not Change the Monetary Policy
NBR's Board of Directors yesterday decided there was no need to make any changes to the monetary policy, despite the domestic banking market joining the EU with interest standing at 8.75% - the highest within the community - and with minimum compulsory reserves of 20% for domestic currency and of 40% for foreign currency, being by far the most constraining within the EU market, Ziarul Financiar.ro reports.…
Romania: DHL Estimates Business Will Top 20 mln Euros
The international express delivery company saw its nine-month turnover rise by 21% against the corresponding period of 2005, according to Ziarul Financiar.ro reports…
Bulgaria Issues EU Accession Commemorative Coin
Bulgaria's National Bank will issue a coin marking its EU entry on January 1, 2007, Novinite.com reports.…
Romania: Raiffeisen Bank to Open 100 Units in 2007
Raiffeisen Bank Romania intends to expand its network in 2007 with over 100 new units, from the existing 265 this year, Nine O'Clock reports.…
Romania: Unicredit Forecasts 7% GDP Post Accession Growth Rate
The economies of Romania and Bulgaria will grow at a high rate next year, boosted by the two countries’ accession to the European Union on January 1, 2007, reads a study conducted by Unicredit Group, Nine O'Clock reports.…
Romania: BCR Wants to Open 130 Units in 2007
The Romanian Commercial Bank (BCR) intends to open 130 new units next year, compared to the territorial network held at the end of this year, of 473 agencies and branches, Nine O'Clock reports.…