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Visa Card Operations In Romania Up 10.7% In 2013, To EUR19.3B
Banks-Insurance

Visa Card Operations In Romania Up 10.7% In 2013, To EUR19.3B

Transactions and cash withdrawals using bank cards issued by Visa increased by 10.7% in the fiscal year ended September 2013, to EUR19.3 billion, the company said Monday.

Oana Gavrila · 27.01.2014 · 14:48 · 1 min
Romania Private Lending Falls 4.7% To RON218.5B In 2013, BNR Data Shows
Macroeconomics

Romania Private Lending Falls 4.7% To RON218.5B In 2013, BNR Data Shows

Romanian private lending fell 4.7% in real terms to 218.46 billion lei (EUR48.2 billion) at the end of December 2013, from RON225.9 billion in the previous year, central bank data showed Mon...

Bogdan Neagu · 27.01.2014 · 11:46 · 1 min
Cash Payments Between Firms And To Private Individuals To Be Capped To RON2,000/Day
Banks-Insurance

Cash Payments Between Firms And To Private Individuals To Be Capped To RON2,000/Day

Cash payments between firms and toward private individuals will be capped to 2,000 lei (EUR441) per day, from RON10,000/day currently, according to a draft ordinance obtained by Mediafax.

Ecaterina Craciun · 24.01.2014 · 18:01 · 1 min
Banks-Insurance

SMEs Fully Subscribe RON2 Billion State-Guarantee

Romanian small and medium-sized enterprises fully subscribed the state guarantee worth 2 billion lei (EUR441 million) granted within the program guaranteeing SME loans in the first week from...

Gabriela Stan · 24.01.2014 · 12:28 · 1 min
Nestor, NNDKP: Market Showing Signs Of Rebound
Companies

Nestor, NNDKP: Market Showing Signs Of Rebound

Last year was the best ever for law firm Nestor Nestor Diculescu Kingston Petersen (NNDKP) and business continued to increase in the past three months, says founding partner Ion Nestor.

Loredana Frățilă-Cristescu · 24.01.2014 · 10:19 · 2 min
Renault And Auchan Choose Groupama And Regina Maria As Medical Insurance Providers
Health

Renault And Auchan Choose Groupama And Regina Maria As Medical Insurance Providers

The Romanian units of French carmaker Renault and hypermarket chain Auchan, which have 27,000 employees between them, signed contracts early this year that introduced medical insurance from...

Loredana Frățilă-Cristescu · 24.01.2014 · 09:18 · 1 min
FirstFarms To Cultivate 1,600 Hectares Of Farmland In W Romania
Companies

FirstFarms To Cultivate 1,600 Hectares Of Farmland In W Romania

Danish company FirstFarms will cultivate 1,600 hectare of farmland it owns in western Romania and wants to significantly expand its operations in the area, the company said in a statement Th...

Ecaterina Craciun · 23.01.2014 · 17:52 · 1 min
Adeplast Gets EUR7 Million State Aid To Build Basalt Fiber Wool Plant
Companies

Adeplast Gets EUR7 Million State Aid To Build Basalt Fiber Wool Plant

Romanian building materials producer AdePlast received state aids worth EUR7.27 million to build a EUR19 million basalt fiber wool plant in Ploiesti city by 2015, the company announced Thurs...

Gabriela Stan · 23.01.2014 · 13:44 · 1 min
Bucharest Airport Company Gross Profit Triples To RON78 Million In 2013
Automotive

Bucharest Airport Company Gross Profit Triples To RON78 Million In 2013

The Bucharest National Airport Company (CNAB) reported last year a gross profit of 78 million lei (EUR17.3 million), threefold higher than forecasted, the company said in a release Thursday.

Gabriela Stan · 23.01.2014 · 11:52 · 1 min