Archive » October 2008 » 16 October 2008 The english news from 16 October 2008
Romania's financial companies crash 9.20%, following corrections on foreign markets
The Bucharest Stock Exchange (BSE) suffered strong corrections in today's session after two consecutive days of significant growth, with the five financial companies in Romania known as SIFs plunging an average 9.20 percent…
Crisis impact on local companies
The stock market, the real estate and energy sectors were the first to feel the impact of the global financial crisis. Construction materials producers, companies on the auto market and media are waiting for things to stabilize, while companies in retail and law fields say they have no reason to worry…
BRD announces 285 million-euro nine-month net profit
The sale of Asiban has rounded the net profit that BRD derived nine months into the year to some 285 million euros, an increase of more than 52% compared with September 2007…
Romania's Poor Infrastructure Ousts Czech Investors - Ambassador
Romania's poor infrastructure is the main obstacle for Czech investments in Romania, followed by tax policy and justice reform, the Czech Ambassador to Bucharest, Petr Dokladal, stated Wednesday during a press conference in Arad city…