Archive » March 2009 » 31 March 2009The english news from 31 March 2009
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31 Mar 2009 Romanian insurer Generali Asigurari revises downwards by 41% net profit estimates for 2009 Generali Asigurari, the Romanian unit of Italy's biggest insurer Assicurazioni Generali Spa, expects a net profit of 24.59 million lei this year, down 41 percent over the year before, considering the risk of canceling some policies following owed and uncashed premiums from some clients… read more
- 31 Mar 2009 Romanian companies to receive inexpensive funds Small and medium-sized enterprises (SME), the industry, and the infrastructure sectors will be the main beneficiaries of funds from the European Investment Bank (EIB). The interest rate will be computed based on the Euro Interbank Offered Rate (Euribor, the interest rate on euro loans applied by major European lenders)… read more
- 31 Mar 2009 Romanian Azomures Puts 600 Employees On Tech Unemployment In Apr Romania's fertilizers plant Azomures (AZO.RO) will put approximately 600 employees on technical unemployment in the first part of April, according to "Alternativa 2002" trade union. "Sending the people on technical unemployment will be made gradually, in the first part of April… read more
- 31 Mar 2009 The confidence in the Romanian economy at the lowest limit The index of the confidence in the Romanian economy dropped 4.8 points in March, to a new record minimum, Mediafax informs. However, the monthly decline was less marked than in February, of 10.4 points, according to the European Commission, which calculated for the Union an average falling rate of 0.6 per cent… read more
- 31 Mar 2009 SMEs contemplate reducing their activity Most of the SME owners, meaning 83 per cent, have negative estimates regarding the profit that they will obtain this year, says the president of the National Union of the Romanian Owners (UNPR), Petre Milut, quoted by Adevarul Online. Thus, according to the owners' associations, 76 per cent of the interviewed SMEs intend to adapt themselves… read more
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