Archive » May 2007 » 03 May 2007 The english news from 03 May 2007

  • Citibank Romania Increases Operating Performance

    Citibank Romania announced today that its net profit increased by 141% to RON 59 million for the fiscal year 2006. The net interest income was 34 % higher compared to 2005, reaching RON 137 million, while the net trading profit increased 48% to RON 28 million. This has largely been driven by loan volumes increase, coupled with launch of new products on the market…

  • NBR lowers the monetary policy rate to 7.25% per annum from 7.5%

    In its meeting of May 2, 2007, the Board of the National Bank of Romania has decided the following: To lower the monetary policy rate to 7.25 percent per annum from 7.5 percent; To pursue an adequate control of liquidity via open-market operations in line with money market conditions …

  • Liverpool link to Romania from Wizz Air

    Wizz Air has announced the launch of a new service between Liverpool John Lennon Airport and Bucharest. Flights to the Romanian capital will start on October 1 and operate three times a week, joining the existing service from Luton Airport that launched earlier this year. …

  • Romania calls for bids in Daewoo sale by July 5

    Romania has called for binding offers in the privatisation of carmaker Daewoo Automobile Craiova by July 5, the privatisation agency said on Thursday.…

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