Archive » March 2009 » 09 March 2009 The english news from 09 March 2009
Eurobank reaches 6bn-euro assets in Romania
Greek Eurobank, the majority shareholder of Bancpost, announced that assets held in Romania climbed by 25% to a little above 6bn euros last year. The loan volume rose by 27%, to 3.95bn euros. Compared with September, though, in December loans were 189m euros lower…
IMF mission expected in Romania this week
A decision regarding the signing of a stand-by agreement between Romania and the International Monetary Fund (IMF) is to be made this week by Romanian authorities, whose representatives present in Washington last week had the first talks with the IMF regarding the foreign loan…
Romania Feb Inflation Seen At +0.5% MM
Romanian consumer price index is seen up by 0.5% in February against the month before, while the yearly inflation is expected to slow down to 6.5% from 6.71% on the backdrop of a stable exchange rate and tempered internal demand, analysts said Sunday. "We expect demand pressure to gradually fall, which should translate in very little price increases,"…
BCR Securities wants to exit shareholding of core bourse BSE for 3.07m lei
The brokerage division of the largest bank by assets in Romania, BCR Securities, intends to leave the shareholding of the Bucharest Stock Exchange and sell its participation for 3.07 million lei, according to the bourse's website. The company put on sale 113,665 shares tantamount to 1.48 percent stake in the bourse, asking 27 lei per share…
Romgaz produces 0.75% less gas in 2008 y/y, seeks Gazprom's assistance in Roman-Margineni project
State-run gas supplier Romgaz produced last year 5.850 billion cubic meters of gas, 0.75 percent less than in the previous year and is now trying to draw the interest of the Russian giant Gazprom for the Roman-Margineni gas deposit feasibility study, informed the company…