Archive » February 2008 » 22 February 2008 The english news from 22 February 2008
BRD net profit - Net profit climbs 40% last year to lei 917m on credit portfolio growth
BRD Societe Generale, the second lender by assets in the country, said its net profit last year hiked 40 percent year-on-year on more credits granted and helped by network expansion…
Romania's Antibiotice Iasi forecasts three-fold net profit in 2012 following a cut in personnel
State-owned Romanian drugmaker Antibiotice Iasi (ATB) expects the net profit to go up three times by 2012 as the company will reduce personnel by a third, according to a release by the Bucharest Stock Exchange (BSE)…
Banks lack prudence when granting Swiss franc loans, official warns
Granting Swiss franc credits in Romania is a foolish thing to do and BRD-SocGen is not going to grant such loans, the head of Romania's second lender by assets, Patrick Gelin said…
Romania's IT provider Gecad Net posts 40% hike in turnover y/y in 2007
Romania's Gecad Net, part of Gecad Group, saw 40 percent higher revenues last year against the previous, according to a company release…
The labor market in Romania is estimated to settle in three, four years, economist says
The turmoiled macroeconomic climate in Romania as well as the increase of inflation and prices and the oscillating exchange rate of the leu will have a negative effect on the employees, however the labor force market will settle by itself in the next three, four years, economist Florin Citu said…