Banks-Insurance
GED Buys Duke Hotel In Central Bucharest And Refrigeration Storage Facility
Spanish private equity firm GED, one of the most active investors in the tourism industry in the past few years, bought Duke hotel in Piata Romana square in central Bucharest, as well as an...
Parliament Approves New Heads Of Capital Market, Private Pension System Regulators
Romania's Parliament on Tuesday endorsed Carmen Negoita (PDL) as head of the National Securities Commission (CNVM) and Marian Sarbu (UNPR) as head of the Private Pension Supervision Commissi...
UniCredit Group Posts 15% Drop In Romania Pretax Profit, To EUR42M
Italian UniCredit Group on Tuesday announced a 15.3% year-on-year drop in the pretax profit seen last year in Romania, to EUR42 million, from EUR49 million in 2010.
BNR Seen Cutting Key Rate To 5.25% - Poll
Romania's central bank is likely to cut its key rate by 25 basis points to 5.25% a year at its next monetary policy meeting March 29, amid a declining inflation and subdued domestic demand,...
Leu Loses Ground On High Euro Purchase Orders
The Romanian leu fell against the euro Tuesday, on high orders for hard currency purchases made by foreign investors, banking dealers said.
Romanian Experts To Assist Local Companies, Authorities In Developing EU-Funded Projects
The Romanian Government on Tuesday decided to set up a group of experts that will assist local companies and authorities in developing EU-funded projects.
Romanian Online Card Payments Up 40% In 2011, To EUR800M
The estimated value of online payments made with bank cards issued in Romania increased about 40% last year to some EUR800 million, of which EUR600 million are transactions made outside the...
Leu Weakens Vs Euro, But Exchange Rate Moves Little To 4.3688
The Romanian leu lost ground against the euro in mid-trade Tuesday, but the central bank's exchange rate was little moved to 4.3688 units, from 4.3691 units a day before.
Lybek: Romania Must Draw Up Healthcare Bill By End-June
Romanian authorities must draw up a bill on reforming the healthcare sector by the end of June, Tonny Lybek, International Monetary Fund resident representative in Romania and Bulgaria, said...