Archive » September 2006 » 30 September 2006 The english news from 30 September 2006
Romania: Banking Sector Becomes Highly Competitive, NBG Analysis Report
In Romania, the banking sector profitability is set to improve in 2006, as the almost fully privatized sector becomes highly competitive amid a positive macroeconomic environment, said analysts of the National Bank of Greece Research and Analysis department in the recently released bulletin on Southeastern Europe Emerging Market Economies.…
Romania to Modify Economic Treaties w/Russia after EU Accession
The Minister of Economy and Commerce, Codrut Seres proposed his Russian counterpart Viktor Khristenko, the start of an assessment regarding the inter-connection of the power systems in the two states, announced the Ministry of Economy, Nine o' Clock reports.…
Romania: Investments in Office Space Account for 75% of Real Estate Mkt
The Romanian real estate market has been dominated in the first half of this year by investments in office space, which accounted for three quarters of the total EUR 212 M investments, according to a report on the Central and Eastern European real estate market forwarded to “BaniiNostri.ro” online daily by CB Richard Ellis, Nine o' Clock reports.…
Turkey: Russia considers joining Nabucco gas pipeline project
Russia is considering the possibility of joining the project of building the Nabukko gas pipeline from Turkey to Austria across Bulgaria, Romania and Hungary, minister for industry and energy Viktor Khristenko said. Answering a question about Russia's participation in Nabukko project, Khristenko said, "We are studying all the projects, including Nabukko. The economy is the ruling factor here. If a real demand exists, the project will be efficient."…
Romania: Romcarbon Estimates Sales to Rise 10% in '06
Romcarbon expects sales to increase by 10% by the end of the year.…
Romania: Condmag Brasov to Enter Bourse Listing
Condmag Brasov recently signed a contract with SSIF Broker for services regarding the listing of the company’s shares on the 1st Tier of the Bucharest Stock Exchange.…
Romania: Enterprise Investors puts €35m Into Construction
Polish Enterprise Fund V (PEF V), a private equity fund managed by Enterprise Investors (EI), has purchased construction material producer Macon Deva for EUR 35 million, according to BusinesRomania.ro reports.…
Romania: Greeks Seek Fortune on Local Market
Whether they are hooked on Cosmote mobile phone offers, eat Dorna yoghurts, or entrust their savings to Alpha Bank, Romanian consumers are lately increasingly partnering up with Greek companies, making Greece one of the country’s top investors, according to BusinesRomania.ro reports.…
Romania: New Logan Break Launched in Paris Auto Show
Renault’s Romanian car-maker Dacia launched its new break model Logan MCV (Multi Convivial Vehicle) at the Paris International Motor Show on Thursday.…
Turkey: Ford may produce further vehicles in Turkey or Romania
John Fleming, head of Ford Europe, said that they had not taken a final decision whether to produce Fiesta model passenger cars in Romania or Turkey. Fleming furthered that they were still evaluating the investment plans for Romania however they had problems with the Romanian government.…