Archive » March 2009 » 27 March 2009 The english news from 27 March 2009
Romania's Fin Min To Annul 71 Fiscal, Parafiscal Taxes
Romania's Finance Ministry plans to reduce the number of fiscal and parafiscal taxes by 71, in order to lower the administrative burden that affects businesses, minister Gheorghe Pogea said Thursday.…
Foreign investment in Romania expected to halve
Foreign investment in Romania will halve to 4-4.5 billion euro, from 8 billion euros, Governor of the National Bank of Romania (BNR) Mugur Isarescu said on Thursday. 'Capital inputs versus capital outputs in Romania will tend toward zero…
RBS Bank will exit the Romanian market in the second half of the year
The first exit in the Romanian banking system, of RBS Bank, could take place in the second half of 2009, Peter Weiss, Chairman of RBS Bank Romania, told Business Standard. The local business will most likely be sold individually, and the price of transaction is expected to be lower than the price of financial assets three years ago, due to the crisis.…
Romanian lender BRD-SocGen gauges 10% slip of net profit this year
The second lender by assets and network in Romania BRD SocGen forecasts a 10 percent drop in net profit this year, without the money coming from the sale of stake in insurer Asiban, according to the income and spending plan of the bank. …
Raiffeisen Leasing financed assets in total amount of 191 million euros in 2008
Bucharest, 27th March 2009 - Raiffeisen Leasing IFN SA financed 3,000 contracts in 2008 in total amount of 191 million euros, in decrease compared to the year before when it made up 261 million euros. That result was influenced by the Romanian trend of the economy based on worsening conditions of the global economy, especially in the last quarter of 2008…