Banks-Insurance
PayPoint Romania FY Net Revenue Falls 13.6% To GBP21M
British specialist payments company PayPoint Plc Thursday reported a 13.6% drop in net revenue at its Romanian unit to GBP21.03 million for the year ended March 27, due to declining mobile t...
Romania Paid Bonuses Worth RON9M For 2010 Housing Savings
Romanian housing bank clients received 9 million lei (EUR2.17 million) from the state this week, as the first tranche of bonuses provided by the authorities for last year's savings, accordin...
Leu Recoups Losses Vs Euro, Amid Low Volumes
Romania’s leu recovered early losses against the euro in late trade Thursday and closed slightly stronger on the day, amid low volumes.
LeasePlan Romania 1Q Turnover Up 57% On Year To EUR9M
Car leasing company LeasePlan Romania reported first-quarter turnover of EUR9 million, up 57% on the year, the company said in a statement Thursday.
Romania Sells RON500M 10-Year Bonds At 7.45% Average Yield
Romania’s Finance Ministry Thursday sold a planned 500 million lei (EUR121 million) worth of 10-year treasury bonds, while the average yield was at 7.45% on the year, slightly higher than at...
Roubini: Romania Unlikely To Join Eurozone In 2015
Romania will probably miss its self-imposed deadline for euro adoption in 2015, American economist Nouriel Roubini said Wednesday, mentioning that there’s “nothing wrong with waiting another...
Leu Down Vs Euro, Exchange Rate At 4.1333
Romania’s leu lost early gains versus the euro in mid trade Thursday and the central bank’s reference weakened to 4.1333 units, the lowest rate since early April.
EIB: Romania Registers Delays In All Stages Of EU Fund Absorption Process
Romania registers delays in all phases of the EU fund absorption process, also because financing must be ensured before projects are approved, Thursday said Milena Messori, head of the Europ...
SME Guarantee Fund: Fewer Firms Unable To Repay Loans
The number of small and medium-sized companies (SMEs) unable to pay back their loans has decreased this year and SMEs have started taking loans for investments rather than mere subsistence,...