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Romania’s Unemployment Rate Will Accelerate In 2014 - President
Macroeconomics

Romania’s Unemployment Rate Will Accelerate In 2014 - President

Romania’s unemployment rate will increase at a fast pace in 2014 because foreign investments are down 30% in the first eight months of 2013, compared to the same period a year ago, President...

Ecaterina Craciun · 29.09.2013 · 14:42 · 1 min
Basescu: Banks In Romania Repatriate “Enough” Money To Parent Banks
Banks-Insurance

Basescu: Banks In Romania Repatriate “Enough” Money To Parent Banks

Banks in Romania repatriate “enough” money to parent banks and the Ponta Cabinet may have made some mistakes in this respect, President Traian Basescu said Sunday.

Ecaterina Craciun · 29.09.2013 · 14:12 · 1 min
Alpha Bank Romania Head: Banking System Absorbed Major Shocks During The Crisis
Banks-Insurance · ZF BANKERS SUMMIT '13

Alpha Bank Romania Head: Banking System Absorbed Major Shocks During The Crisis

The Romanian banking system is overpopulated, but it has managed to successfully absorb major shocks during the economic crisis, Alpha Bank president Sergiu Oprescu said Thursday.

Ecaterina Craciun · 13.06.2013 · 14:35 · 1 min
Foreign Investors Council In Romania Has New Head
Banks-Insurance

Foreign Investors Council In Romania Has New Head

Mihai Bogza, chairman of lender Bancpost, is the new president of the Foreign Investors Council (FIC) in Romania and replaces Steven van Groningen, whose second term as FIC head ended on May...

Ioana Tudor · 12.06.2013 · 17:16 · 1 min
Transelectrica Names Ovidiu Artopolescu As Supervisory Board President
Energy

Transelectrica Names Ovidiu Artopolescu As Supervisory Board President

Ovidiu-Petrisor Artopolescu, former manager at Microsoft Romania, on Monday was appointed president of the Supervisory Board of state-owned power grid operator Transelectrica (TEL.RO), after...

Ioana Tudor · 04.06.2013 · 11:33 · 1 min
Credit Europe Bank Romania CEO Omer Tetik To Head Banca Transilvania- Sources
Banks-Insurance

Credit Europe Bank Romania CEO Omer Tetik To Head Banca Transilvania- Sources

Omer Tetik, Chief Executive Officer of Credit Europe Bank Romania, will be appointed general manager at Romanian lender Banca Transilvania (TLV.RO), market sources told MEDIAFAX Wednesday.

Ecaterina Craciun · 01.05.2013 · 16:29 · 1 min
Brewers Of Romania’s Association Names Andrew Highcock As President
Retail&Consumer

Brewers Of Romania’s Association Names Andrew Highcock As President

Brewers of Romania’s Association named Andrew Highcock, the head of Ursus Breweries, as the organization's president starting February, replacing Hezy Ovadia, URBB-Tuborg Romania’s head.

Manuela Panescu · 27.02.2013 · 14:22 · 1 min
Basescu: US’ Missile Shield Project On Track Unless Romania Is Declared Problematic State
Social/Politics

Basescu: US’ Missile Shield Project On Track Unless Romania Is Declared Problematic State

Romanian president Traian Basescu said Sunday there is no risk the United States stop the antimissile shield project in Deveselu, southern Romania, for inefficiency in the event of attacks f...

Manuela Panescu · 10.02.2013 · 18:13 · 1 min
Basescu: Romania Gets EUR6B Additional Funds From EU In 2014-2020
Social/Politics

Basescu: Romania Gets EUR6B Additional Funds From EU In 2014-2020

Romania’s president Traian Basescu said Sunday that Romania will benefit from additional financing of EUR6 billion from the European Union between 2014- 2020, compared with 2007-2013.

Manuela Panescu · 10.02.2013 · 17:18 · 1 min