Archive » October 2006 » 31 October 2006 The english news from 31 October 2006
Romania: AVAS to Resolve RAFO Issue by end of '06
The Authority for State Assets Resolution (AVAS) will settle the major stake ownership right issue in RAFO Onesti by the end of the year, president of the institution Teodor Atanasiu said, Nine o' clock reports.…
Romania: Business and Prices to Rise ahead of EU Accession
Business people in managerial positions in Romanian companies expect the business and prices to rise in the remaining period of 2006, boosted by optimism in the domestic business environment after the announced accession to the EU in 2007, Nine o' Clock reports.…
Romania: BRD and Caixa Geral de Depositos Fund Biodiesel Plant w/€25.1 mil
BRD-Groupe Societe Generale and Portuguese Caixa Geral de Depositos are financing with EUR 25.1 M the building by the Portuguese Martifer Group of a biodiesel plant in Romania, Nine o' Clock reports.…
Romania: BCR Will not Significantly Contribute to Erste Bank's '06 Profit
Erste Bank does not forecast a significant contribution of Banca Comerciala Romana (BCR) to the consolidated group profit this year given the costs to be generated by the restructuring of the Romanian credit institution, Austrian banks officials said yesterday, Nine o' Clock reports.…
Romania: Transilvania Finalizes Sale of its Stake in Balea Estival 2002 Neptun
The BSE-listed financial investments company Transilvania sold the entire block of shares held in Balea Estival 2002 Neptun , representing 39.62% of the share capital.…
Romania: Mechel Targoviste Posts 9-mo Net Profit of €0.4m
The BSE-listed special steel plant, Mechel Targoviste, registered during the 9-mo period of the year a net profit of RON 1.4m (almost €0.4m), while for last year’s same period recorded a loss of RON 32.6m (€9m).…
Romania: Zentiva Registers 9-mo Turnover of €62m
The Czech pharmaceutical company, Zentiva, registered on the Romanian market during the first nine months of the year a total turnover of €62m, of which sales realized by the BSE-listed Zentiva Bucuresti amount to around €41m, roughly flat compared to the similar period of the previous year.…
Romania: RomTelecom to be Listed in '07
The Minister of Communications, Zsolt Nagy, said that the telecommunication company RomTelecom will be listed on the stock exchange in 2007.…
Romania: Radiocom Attracts Italian Investors
The National Radio-communication Corporation Radiocom, currently undergoing privatisation procedures, has caught Italian investors’ eyes, Italian Communication Minister Paolo Gentiloni (photo right) stated in Bucharest, Nine o' Clock reports.…
Romania: SSIF Broker Announces Expansion
SSIF Broker announced that it intends to open a new branch and an agency in Athens, an agency in Budapest and another one in Chisinau.…