Economics
March 02, 2015 12:26
Fitch Ratings has affirmed Romania's long-term IDR (Issuer Default Rating) at ‘BBB-‘ and local currency IDR at ‘BBB’, respectively, the outlooks remaining stable, indicates a release of the credit rating agency....more »
February 27, 2015 15:47
Romania's retail market was characterized by an accelerated expansion last year when recorded investments of hundreds of millions euro as a result of transactions between major players in this business and of store network development, as well ...more »
February 27, 2015 14:28
The EU Commission opened the Macroeconomic Imbalance Procedure for Romania which joins other 15 countries under the EU's surveillence. ...more »
February 27, 2015 13:12
BCR has reported losses of 2.8 billion lei in 2014 on account of their decision to reduce the non-performing loans portfolio which doubled risk provisions to 4.4 billion lei, thus counterbalancing the 1.9 billion lei operating result....more »
February 26, 2015 16:22
Hidroelectrica will execute in early March the letter of guarantee worth 8 million euro issued by UniCredit Bank Austria on behalf of Andritz Hydro for the refurbishment of five hydropower plants, after having won a dispute against the Austrian company....more »
February 26, 2015 13:02
Banca Transilvania (BT) has appointed A.T. Kearney, a global management consulting firm, to arrange the integration process of Volksbank Romania, the bank announced....more »
February 25, 2015 13:03
Courier company Sameday (Delivery Solutions) and venture capital/private equity fund Carpathia Capital open up road to the new AeRO market, the alternative trading system created by the Bucharest Stock Exchange (BVB) for early-stage companies, start-ups and SMEs, launched under a redesigned and reconstructed concept on February 25, 2015....more »
February 24, 2015 16:39
Oracle Romania has rented 10,000 sqm in Sky Tower office building in the Barbu Vacarescu – Floreasca area, one of Bucharest's landmarks, thus recording the first large real estate transaction of the year....more »
February 24, 2015 16:31
The decline recorded last year in terms of new loans has continued over January 2015, shows the latest report provided by the National Bank of Romania (BNR) which indicates a 0.3 percent decrease in non-governmental loans compared to December 2014 and a 3.8 percent drop compared to the same month in 2014....more »
February 23, 2015 15:12
Hidroelectrica has achieved gross profits of 140 million lei in January 2015, twice as much as a year ago. The improvement is due to the increasing volume of energy production, corroborated by lower operating costs, explains the hydropower energy producer....more »
Govnet Next Events