IMPACT
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Impact Bucuresti Takes Out Two Loans Worth A Total RON24.2M From Banca Transilvania
Romanian real estate developer Impact Developer & Contractor (IMP.RO) is contracting a mortgage loan from lender Banca Transilvania (TLV.RO), which will be used to finance real estate invest...
Impact Closed EUR23.85M Contracts For Greenfield Baneasa Project In 1H
Romanian real estate developer Impact Developer&Contractor (IMP.RO) closed over 300 contracts for the sale of apartments in Greenfield Baneasa residential compound in January-June, totaling...
Financial Regulator VP: Brexit Has No Impact On Romanian Insurance Market
Britain's leaving the European Union has no direct impact on the Romanian insurance market, Cornel Coca Constantinescu, vice-president of the Insurance Supervisory Authority (ASF), said Wedn...
Citi Romania Head: Brexit Impacted Romanian Financial Market Less Than Chinese Stock Market Turbulence
Britain's decision to quit the European Union affected the Romanian financial market less than the Chinese Stock Market turbulence in February this year, Citi Romania head, Tibor Pandi, said...
Minimum Wage Raise Boosts Disposable Incomes By EUR600M
The rise in gross minimum wage from 1,050 lei (EUR234) to RON1,250 per month as of May 1 will boost the disposable incomes of more than 1.6 million employees by about EUR600 million a year,...
KPMG: Employers In Constructions And Agriculture, Most Affected By Minimum Wage Hike
The gross minimum wage in Romania will be raised to RON1,250 from the current RON1,050 as of May 1, 2016 and the measure will benefit some 1.1 million employees in Romania.
Impact Borrows RON22.3M From Banca Transilvania For Residential Project
Romanian real estate developer Impact Developer&Contractor (IMP.RO) will borrow RON22.3 million (EUR5 million) from Banca Transilvania (TLV.RO), to develop real estate project Cartierul Salc...
Iaciu, Impact: Record Apartment Sales In September
Real estate developer Impact Developer & Contractor (IMP.RO), controlled by businessman Gheorghe Iaciu, ended September with the highest sales volume so far, 87 apartments in the Greenfield...
ING: Political Noise, Such As PM Indictment, Has Low Impact On Romanian Leu
Political events, such as the indictment of the Romanian Prime Minister as part of a corruption probe, have barely impacted the leu, which traded close to the lower boundary of the central b...