Economics
May 06, 2014 10:05
Emon Electric, a regional leader in transport and electric power distribution, industry, electric traction and telecommunication infrastructure, becomes member of Monsson Group after a transaction in which the latter has taken over a majority stake, is announced through a press release....more »
May 05, 2014 16:37
The banking sector shows increasing optimism with regard to the coming period given that a major part of banks forecasts a growing demand for loans in both natural persons and businesses segments, while more than 80 percent of financial institutions anticipate an increase in lending activity as per the “Romanian Banking Barometer” conducted by EY Romania and the Romanian Banking Association (ARB). ...more »
May 05, 2014 13:58
Constantin Nita, the Minister of Economy, said on Saturday, while visiting Targu-Jiu, that the procedures for creating the joint venture between the Oltenia Energy Complex and the Chinese company Huadian will be initiated within six weeks, according to Agerpres....more »
May 05, 2014 11:40
Schneider Electric today announced that it has been recognized by the US information technology research and advisory company Gartner as a leader in the Magic Quadrant for Advanced Distribution Management System (ADMS)....more »
May 05, 2014 11:23
GOVNET Conferences continues the series of events dedicated to industries with high development potential and economic impact, this time bringing to the fore a new niche in the renewable energy market: biomass, biogas as green energy sources and cogeneration systems....more »
April 30, 2014 13:20
Banca Transilvania has posted a gross profit of 123.5 million lei (net profit is about 103.4 million lei), 23 percent higher in comparison with the figures corresponding to Q1 in 2013, with total assets coming to almost 33 billion lei....more »
April 30, 2014 12:06
Banca Comerciala Romana ended the first quarter with a net profit of 1 million lei (about 200.000 euro), while in Q1 last year the bank posted a net loss of 10.2 million lei (2.3 milllion euro), according to a financial report released today. Although, there was a decline in total assets by 6.8 percent to 65.8 billion lei (some 14.76 billion euro) compared to March 31, 2013, BCR maintains leading market share by assets.
...more »
April 29, 2014 14:36
The medical services operator announces the opening in Galati of the tenth hyperclinic in its portfolio which is also the first one in the South East region in Romania. An investment worth 800.000 euro, the new unit with a surface of 1.000 sqm includes 16 surgeries where patients can benefit from a wide range of medical services....more »
April 29, 2014 11:56
The Extraordinary General Meeting of Shareholders of Fondul
Proprietatea (FP) yesterday approved the secondary listing on the London Stock
Exchange, as previously recommended by Franklin Templeton, the Fund’s manager.
By this initiative which should be carried out by the end of the year, FP aims
at broadening the foreign investor base, increasing demand, as well as
expanding coverage of investment banks or brokers....more »
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