Archive » November 2006 » 06 November 2006 The english news from 06 November 2006
Romania: Geona to be Re-elected PSD President
Targu Mures - Mircea Geoana will be re-elected PSD President at the extraordinary congress due on December 10, Nine o' Clock reports.…
Romania: Nat Gas Shortage Continues
The Regulatory Authority of Natural Gas (ANRGN) rejected the accusations brought by Minister of Economy and Commerce, Codrut Seres, showing that it drew the attention since mid September, showing that 'the supply of natural gas is not likely to be secured,' Nine o' Clock reports.…
Romania: Distrigaz Sud about to Complete Nat Gas Contract w/Petrom
Distrigaz Sud estimates that it would soon conclude natural gas contract with Petrom at the prices set by ANRGN, Nine o' clock reports.…
Romania: CNP Revises c/a Deficit Upwards to 9.3% of GDP
The National Forecast Commission (CNP) upwardly revised this year’s current account deficit to 9.3 per cent of GDP, as against the 8.7 per cent of GDP estimated by the institution in September, Nine o' Clock reports.…
Romania: Erste Bank Sends Stock Takeover Options to BCR Employees
Erste Bank completes the conveyance process of the letters providing for the offer addressing the employees of Romanian Commercial Bank (BCR), who owns 8% of the credit institution shares, Nine o' Clock reports.…
Romania: Fitch Assigns 'A-' to BCR Bond Issue
Starting November 8, investors can subscribe a BCR bond issue worth a minimum of 200 million lei, with the issuer’s option to increase the amount up to 575 million lei, ACT Media news agency reports.…
Romania: Property Fund to Receive Money from Privatization
The Property Fund is waiting to receive 242.5 million euros cashed by the state from the sale of 4% of the BCR stake to the strategic investor, ACT Media news agency reports.…
Romania: CSA Intervenes about Company's Delisting Issue
The Insurance Supervising Commission (CSA) intervened between the minority and majority shareholders in order to put an end to their differences.…
Romania: SIF Transilvania' s 9-mo Profit Increases by 42.24%
The financial investment company SIF Transilvania registered during the first nine months of the year a net profit of RON 52.8m (€14.9m), up 42.24% y/y, in line with the preliminary net profit figures recently published.…
Romania: Broadhurst Ltd. Issues Public Offering for Buying Stake in Ipromet
Broadhurst Limited investment fund issued a public buy offering, available within November 2–22 this year, for taking over 58% of Ipromet’s share capital for the price of RON 6m (€1.7m).…