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Banks-Insurance

IKB Leasing Finance Increases Share Capital By Some RON14M

IKB Leasing Finance IFN will increase its share capital by 13.59 million lei (EUR3 million) to RON26.8 million, according to a decision approved by shareholders in December 2012.

Ioana Tudor · 11.02.2013 · 17:54 · 1 min
Social/Politics

Romania’s Pension Point Up 4% In 2013, To RON762.1

The value of the pension point may increase by 4% in 2013, to 762.1 lei (EUR175) from the current RON732.8, according to a law draft on the budget of the state social insurance on 2013.

Manuela Panescu · 21.01.2013 · 18:05 · 1 min
PM: Local Authorities Not Hiking Taxes By 16% Won’t Be Properly Compensated
Social/Politics

PM: Local Authorities Not Hiking Taxes By 16% Won’t Be Properly Compensated

The Romanian Government is set to adopt Wednesday the ordinance stating local authorities may decide whether or not to increase local taxes, Prime Minister Victor Ponta said, adding local ad...

Manuela Panescu · 09.01.2013 · 15:03 · 1 min
Bucharest Stock Exchange Reaches 18-Month High
Capital Market

Bucharest Stock Exchange Reaches 18-Month High

The Bucharest Stock Exchange witnessed the most significant increase of the last two years in the past month, as quotes beat last spring’s highs. The BET index rose 15% to an eighteen month...

Neagu Bogdan Mircea · 06.01.2013 · 22:27 · 1 min
Social/Politics

Romania’s Population Increased By 1,835 People In August 2012

Romania’s population increased by 1,835 people in August 2012, according to data released Wednesday by the National Statistics Institute (INS).

Ecaterina Craciun · 10.10.2012 · 10:52 · 1 min
Parliament Adopts Ordinance Restoring Public Wages To Pre-Austerity Levels
Social/Politics

Parliament Adopts Ordinance Restoring Public Wages To Pre-Austerity Levels

The Romanian Chamber of Deputies on Tuesday adopted with 225 to one vote and two abstentions an emergency ordinance restoring public wages to pre-austerity levels gradually.

Ioana Tudor · 02.10.2012 · 15:52 · 1 min
BCR BpL 1H Net Profit Triples To RON10.8M
Banks-Insurance

BCR BpL 1H Net Profit Triples To RON10.8M

Romanian mortgage lender BCR Banca pentru Locuinte (BCR BpL) Wednesday said its net profit more than tripled in the first half of 2012, to 10.8 million lei (EUR2.42 million), fueled by a 87%...

Manuela Panescu · 29.08.2012 · 13:04 · 1 min
OMV Petrom Ups Pump Prices By RON0.09/Liter
Energy

OMV Petrom Ups Pump Prices By RON0.09/Liter

Romania's largest oil company OMV Petrom (SNP.RO) on Tuesday raised pump prices for gasoline and diesel oil by 0.09 lei (EUR0.0197) per liter, the third increase in July.

Manuela Panescu · 31.07.2012 · 12:38 · 1 min
Bread Price In Romania Might Go Up On Higher Wheat Prices
Retail&Consumer

Bread Price In Romania Might Go Up On Higher Wheat Prices

The price of bread in Romania might go up in the upcoming month if bread and milling companies fail to absorb the 20% increase in wheat prices, Aurel Popescu, head of the Rompan employers as...

Ecaterina Craciun · 10.07.2012 · 16:09 · 1 min