Banks-Insurance
Deputy FinMin: Romania May Hike Taxes On Multiple Homes, Apply Taxes On Swimming Pools
The Romanian Finance Ministry plans to increase taxes paid by owners of two or more buildings and limit exceptions regarding taxes on property, income and profit, secretary of state Liviu Vo...
Leu Exchange Rate Hits 1-Month Low Of 4.5073 Vs Euro
Romania’s leu retreated against the euro by midday Thursday and the exchange rate weakened 0.4% to 4.5073 units, the lowest level in four weeks.
Banks Put Foreclosed Properties Up For Sale To Rush Loss Recovery
Bankers have lost their patience with the customers falling behind with their payments and are trying to speed up recovery of the losses by putting thousands of houses and apartments foreclo...
ING Pension Funds Own 5% In Compa Sibiu
The pension funds managed by ING currently own 5% in automotive component maker Compa Sibiu (CMP.RO), one of the companies on the stock market with a significant increase in financial result...
Leu Ends Lower Vs Euro In Thin Trade
Romania’s leu returned to losses versus the euro in late trade Wednesday, ending the session above 4.49 per euro, amid low volumes.
Raiffeisen To Finance Construction Of New Thermal Plant In Suceava
Romania industrial engineering company Adrem Invest Bucuresti will sign a financing contract with Austrian bank Raiffeissen for the construction of the new thermal plant in the northeastern...
BCR: Romania May Lose EUR800M Due To Poor Crop In 2012
Romania may lose EUR800 million due to the poor crop registered in 2012, while half of this loss could have been prevented should farmers have proper irrigation systems to fight bad weather,...
EU Will Cut Funds Allotted To Four Romanian Operational Programs
The European Commission will make financial corrections and reduce the funds allotted to Romania for regional development, environment, transport and competitiveness projects, after it ident...
Leu Exchange Rate Dips To 4.4881 Vs Euro
Romanian leu's exchange rate weakened slightly to 4.4881 to the euro Wednesday as the leu/euro pair traded near 4.49 units in the first half of the session.