Archive » November 2006 » 02 November 2006 The english news from 02 November 2006
Romania: KD Investments Launches New Kind of Fund
Slovenian company KD Investments Romania will launch KD Multifond, a fund of funds, a financial instrument that has never been seen on the Romanian market before, according to Ziarul Financiar.ro reports.…
Romania: Raiffeisen Leasing Bets on Equipment
Mihaela Mateescu, general manager of Raiffeisen Leasing, is banking on the development of the equipment and real estate leasing segments, after the market has relied almost exclusively on the automotive segment for a number of years, according to Ziarul Financiar.ro reports.…
Romania: Commissions Approve 2007 Budget
The national budget law draft was approved today, by the specialized commissions in the Parliament, according to HotNews Romania reports.…
Romania: National Bank Reserves Grow on RCB Privatization
The convertible currency reserve of the Romanian National Bank (BNR) reached 21.15 billion euros, after the 2.12 billion euros growth brought by the cashing of the amount obtained for the privatization of the Romanian Commercial Bank (RCB), according to HotNews Romania reports.…
Greece: Retail Real Estate Flourishes, Says Lamda Development CFO
The retail real estate market is a relatively new segment in the market which has professionally emerged as an investment sector in the recent years and shows a high growth rate, said Mr. Odysseas Athanasiou, CFO of Lamda Development, in an exclusive interview to ‘R.’…
Bulgarian Stock Rally to Decelerate after EU Entry
Bulgarian and Romanian stocks will be done rising in anticipation of the countres' entry into the European Union, Bloomberg analysts said, Sofia News Agency reports.…
Romania: SNR Privatization Announcement Due H1:07
The announcement for the privatisation of the National Radiocommunication Society (SNR) will be published in the first half of the next year, declared yesterday the Minister of Communications and IT, Zsolt Nagy, Nine o' Clock reports.…
Romania: Renault Sees Sales Drop in Romanian Mkt
Renault sales on Romanian market will drop this year to approx 22,000 vehicles, from 24,474 sold last year, mainly because of the poor management of stocks, stated Jacques Daniel, the French group’s Commercial Manager for Renault, Dacia and Nissan.…
Romania: Rautaruuki Puts € 35 mln in a New Steel Factory
Finn group Rautaruuki will invest some EUR 35 million to build a steel factory in Romania which will start the production by year-end, according to Credit Info.ro reports.…
Romania: Kaufland Opens € 7.5 mln Hypermarket in Bistrita
Kaufufland will open a hypermarket in Bistrita on a plot of 19,00 square meters and investment of EUR 7.5 million, according to Credit Info.ro…