Archive » December 2009 » 15 December 2009 The english news from 15 December 2009

  • Poupet, BRD: Risk quality and profitability are the principal targets

    As of 1 January 2010, Guy Poupet will take on the running of BRD-Groupe Societe Generale for four years, according to a decision made yesterday by the shareholders of the second-largest player in the local banking system. Patrick Gelin, the bank's current President and General Manager, will retain only non-executive Societe Generale positions next year…

  • Guy Poupet will replace Patrick Gelin as BRD Chairman and CEO

    The general Meeting of Shareholders (AGA) in BRD-Groupe Societe Generale, Romania's second largest bank, yesterday chose Guy Marie Charles Poupet as CEO and Chairman of the Board, writes a press release. Poupet was appointed for a four-year term, starting January 1st 2010, after Patrick Gelin stepped down from office…

  • Over 32,000 Cars Scrapped In Romanian '09 Clunkers Program

    Over 32,000 cars older than ten years were scrapped under the Romanian clunkers program this year, namely some two thirds of the overall number o vehicles the state aimed to replace in the beginning of the year. The Environment Fund Administration (AFM) informed Monday that 32,327 cars older than ten years were scrapped in the 2009 edition of the clunkers program…

  • Romania might receive next tranche from IMF in January

    Romania will meet in due time the requirements imposed by the International Monetary Fund (IMF), so that it could get the next tranche from the loan under the Stand-By Arrangement in January, Minister of Public Finance Gheorghe Pogea on Monday stated. 'I have no doubts we will be able to meet all the conditions imposed by the Fund', Pogea said.…

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