Archive » September 2008 » 03 September 2008The english news from 03 September 2008
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03 Sep 2008 SIF quotations up 13.3 percent in two days Financial investment companies (SIF) quotations rose a staggering 8.5 percent yesterday on the Bucharest Stock Exchange (BVB) taking investors by surprise… read more
- 03 Sep 2008 Romanians reluctant to predetermined time employment Romanian employees do not want predetermined time contracts, as they prefer a job with long term financial stability. Many of them have borrowed or plan to borrow money from banks and most lenders refuse to grant loans to employees with predetermined time contracts… read more
- 03 Sep 2008 Shareholders of Romania's Banca Transilvania OK the buyback of maximum 5% of shares Shareholders of Romania's fifth lender by assets Banca Transilvania (BT) approved the buyback of 5 percent of the bank's shares at most, at a price between 0.4 and 0.28 lei, the bank announced… read more
- 03 Sep 2008 UniCredit Tiriac Bank gives a EUR 125m loan to support a building project in Iasi Contracter Palais 1, part of the Iulius Group, borrowed 124.8 million euros from UniCredit Tiriac Bank to develop a residential project in the eastern city of Iasi, according to the lender… read more
- 03 Sep 2008 Romania Could Be Europe's Seventh Or Eighth Largest Econ Power By 2014 Romania could become the seventh or eighth largest economic power in Europe by 2014 if current trends continue, Romanian Prime Minster Calin Tariceanu told diplomats in a meeting Tuesday… read more
- 03 Sep 2008 Losses worth €4 million on the insurance market Local insurance companies registered losses totaling €4.2 million in the first half of 2008 on the general insurances segment. However, this sector could become profitable by the end of 2008, after two consecutive years of losses… read more
- 03 Sep 2008 Romania ranks first in EU on retail segment growth Romania ranked first in the European Union in July as far as the retail growth is concerned, with sales up by 18.4 percent compared to July 2007. Romania also ranked first in June… read more
- 03 Sep 2008 Romania's financial companies drop 2.68% on closing on the BSE, after investors cashed profits The five financial companies in Romania (SIFs) posted significant falls in today's session on the Bucharest Stock Exchange (BSE), after considerable climbs yesterday… read more
- 03 Sep 2008 BCR to launch a monthly monitoring report of the most representative companies on the bourse The research division of Romania's largest bank by assets, BCR Equity Research, released a monthly monitoring report of the capital market which includes 83 companies with a 17.2 billion euros capitalization for the first edition, the bank announced… read more
- 03 Sep 2008 Ford To Make A New Small Class Car In Romania Come '10 U.S. carmaker Ford plant will make a small class car starting with 2010 in its plant in Craiova, southern Romania, and will launch a commercial vehicle with medium capacity 2011-2012, Ford Europe CEO John Fleming said Wednesday… read more
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