Govnet

IMF expects a 2.2 percent advance this year for Romania’s economy

The International Monetary Fund expects a 2.2 percent economic growth for Romania in 2014, below the level reached last year, 2.8 percent, the highest since the beginning of economic crisis. The estimation has been communicated by Andrea Schaechter, Head of the IMF Mission whose visit in Bucharest ends these days

Financial

Investors got the deadline for submitting binding offers for Oltchim’s privatization postponed

Those interested in participating at the privatization of the chemical plant, still have the possibility to submit their binding offers following a postponement of the initial deadline – January 31, 2014, until March 28, 2014. The delay has been called by investors and was approved by Oltchim’s Committee and creditors which convened yesterday as per the request of the judicial administrators, Rominsolv and BDO Business Restructuring, is stated by a media release.

Raiffeisen and Morgan Stanely to coordinate Hidroelectrica’s IPO

The selection process run by Hidroelectrica in view of appointing an agent for its initial public offering scheduled for June, this year, has been carried out, all technical bids being declared eligible. According to a notification published on hydro power producer’s website, the syndicate consisting of Raiffeisen Caputal & Investment and Morgan Stanely & Co International has been assigned to coordinate the said offering.

A new record-low level - the monetary policy rate drops to 3.5 percent

IMF expects a 2.2 percent advance this year for Romania’s economy

Twenty banks to enter the Credit Guarantee Program for SMEs

Raiffeisen Leasing has fully taken over ING Lease portfolio

Financing agreement worth 200 mln euro between CEO and EBRD

Investors got the deadline for submitting binding offers for Oltchim’s privatization postponed

Raiffeisen and Morgan Stanely to coordinate Hidroelectrica’s IPO

EBRD forecasts 2.4 percent economic growth for Romania in 2014