Archive » November 2008 » 11 November 2008 The english news from 11 November 2008
No.1 Romanian car maker Dacia shuts down door from Nov.20 to Dec.7 on market hit by credit crunch
The biggest car maker in Romania, Dacia, announced it will close the factory from November 20 to December 7, paying 85 percent of salaries to employees, in the background of the global financial crisis which thundered the car market too…
Financial crisis takes 6.3 million euros out of equity and balanced funds
Equity funds saw 9.2 million RON in net amount withdrawn in October, the largest volume of this year, while withdrawals from balanced funds stood at 14.1 million RON according to the monthly report of the Fund Manager Association…
Fitch downgrades Romania to third-world rating
The Fitch international rating agency downgraded Romania on Monday for long-term foreign currency loans by two grades, according to an official statement of the institution…