Archive » October 2008 » 22 October 2008 The english news from 22 October 2008
Piraeus Bank computes the variable interest for lei loans by the Oct. 16 ROBOR rate
Piraeus Bank Romania will calculate the interests for lei loans using the ROBOR interbank offer rate dated October 16, of 15.97 percent, to which will add its own margin, as interbank loans are significantly more expensive, announced the bank today…
Entrepreneurs to sell non-core business to secure financing
Romanian entrepreneurs seem to be realizing that their situation is not very bright and that they must exit some business, although until recently they were unwilling to sell anything, according to Raiffeisen Investment Romania Managing Director, Ioana Filipescu…
CEZ: Romania has a low exposure to international financial crisis energy-wise
Energy companies will be more careful with the money they allocate to project development because of the international crisis, considering investments in this field take a very long time to recoup, say the officials of CEZ, one of the leading players on the domestic energy market that posted more than 416 million euros in turnover last year…
Italy's Marcegaglia To Set Up Car Parts Plant NW Romania
Italian cold steel re-roller and tube maker Marcegaglia will invest some tens of million of euros in a car parts and damping device plant in Tetarom III industrial park, in Jucu, Cluj County, northwestern Romania, which will create up to 500 jobs…