Archive » February 2008 » 01 February 2008 The english news from 01 February 2008
Vodafone Romania sees 18.8% higher sales y/y in Q3 of the fiscal year
Vodafone Romania, the unit of the world's biggest mobile-phone company by sales Vodafone Group Plc, reported an 18.8 percent increase in revenues, year-on-year in the third fiscal quarter which ended in December last year, a release by the company reads.…
Romania's BRD-SocGen sees 151% boost in factoring revenues, to EUR 509m
BRD-SocGen, Romania's second lender by assets, reported a 151 percent increase year-on-year in 2007 regarding its factoring revenues, due to a boost in internal factoring, a release by the company reads.…
Fitch/rating-Romania's galloping current account deficit triggers lower credit rating from Fitch
Fitch Ratings today lowered Romania's long and short term credit rating outlook, from "stable" to "negative", following the widening of the current account deficit, a release by the rating firm says.…
Erste Bank to be listed at the Bucharest Stock Exchange starting February 14
Erste Bank, the main shareholder in Romania's largest bank by assets Banca Comerciala Romana, will list shares on the Bucharest Stock Exchange (BSE) on February 14, the Austrian based lender's senior strategy manager Arjen Janmaat said.…
Romania has slim chances to control its widening current account deficit, World Bank says
Romania and Bulgaria will not succeed in tempering their widening current account deficits as their 2008 budgets do not have enough force to narrow inflation and the external unbalances, a release by the World Bank reads.…
Credit company TBI Credit IFN doubles revenues in Romania in 2007, to more than EUR 100m
TBI Credit IFN, owned by TBI Leasing, doubled the value of closed contracts last year against the previous one, to more than 100 million euros, on significant advance on the credit area, said the company's general manager, Traian Baicu.…
Romania's securities market watchdog keeps ban over new SIF Transilvania shares on board conflict
The National Securities Commission (CNVM) decided to block for two more weeks financial company SIF Transilvania (SIF3) from trading after a court ruling over the share capital increase attempt last year, according to a release from the Bucharest Stock Exchange.…
Romanian stocks recoup after increase on international markets
Romanian stocks at the Bucharest Stock Exchange (BSE) rose at rising bell, after fall yesterday and due to investors' confidence on the U.S. market following Federal Reserve's decision to cut the monetary policy rate to 3 percent.…