Archive » July 2009 » 14 July 2009 The english news from 14 July 2009
Patriciu: BSE should become a regional stock exchange, in order to survive
The Bucharest Stock Exchange (BSE) cannot survive in its present form, and the only way to develop is to become a regional stock exchange, businessman Dinu Patriciu considers. "I believe in BSE's future, if it is smart enough to become regional and contribute to turning Bucharest into the financial centre of the region"…
Romanian PM: Nabucco To Deliver Energy Without Political Pressures
Nabucco pipeline project is aimed at ensuring energy safety in the region and in the European Union, at market conditions and without political pressures, Romanian Prime Minister Emil Boc said Monday in Ankara, Turkey. Before signing Nabucco intergovernmental agreement, Boc said the energy, like any other commodity…
Romania's stock market slips on closing, liquidity is supported by bond trading
The Bucharest Stock Exchange (BSE) ended the first session of the week with a drop of up to 0.90 percent, while liquidity remained low as brokers deem the cash shortage on the market is normal. Deals today totaled 11.42 million lei (2.7 million euros) and half of them was represented by transactions with bonds issued by the International Bank for Reconstruction and Development (IBRD)…
Romania, Austria, Hungary, Bulgaria, Turkey sign Nabucco pipe deal
"This pipeline project is aimed at ensuring energy safety in the region and in EU, at market conditions and without political pressures", Romanian PM Emil Boc said at the signing ceremony of the inter-governmental accord. The prime ministers of Romania, Austria, Hungary, Bulgaria and Turkey signed yesterday in Ankara the intergovernmental…
The machinery market dropped ten times in the first 6 months
The decline in the construction sector in the first half of 2009 has sharply impacted on machinery sales, which dropped almost ten times year-on-year, according to Marcom, leader of the Romanian machinery market.Although initial estimates of companies in the field referred to a 50 percent drop in sales this year, companies now expect a volume representing 30 percent of the units sold in 2008…