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Romania’s Central Bank Calls Romanian Experts Working In Financial Institutions Abroad Back Home
Banks-Insurance

Romania’s Central Bank Calls Romanian Experts Working In Financial Institutions Abroad Back Home

Romania’s central bank will introduce a program to bring back the Romanian experts working in financial institutions abroad back home, after some of the Romanian economists abroad signaled t...

Loredana Frățilă-Cristescu · 18.09.2017 · 10:56 · 1 min
Farmexim Integrates 300 Independent Pharmacies Into Benefica Program
Health

Farmexim Integrates 300 Independent Pharmacies Into Benefica Program

Farmexim, the fourth largest player on the Romanian pharmaceutical wholesale market, integrated 300 independent drugstores under the Benefica program, which targets independent pharmacies, a...

Ecaterina Craciun · 22.05.2017 · 15:00 · 1 min
Banks-Insurance

Banca Transilvania Buys Back Shares Worth RON5.5M

Banca Transilvania (TLV.RO), the second largest bank in the Romanian banking system by assets, bought back approximately 2 million shares between March 6 -10, at an average price of RON2.76/...

Gabriela Stan · 13.03.2017 · 19:52 · 1 min
Romania To Receive EUR500M From World Bank For Economic Growth And Poverty Reduction
Banks-Insurance

Romania To Receive EUR500M From World Bank For Economic Growth And Poverty Reduction

The World Bank’s Board of Executive Directors today approved EUR500 million (US$558.27 million equivalent) for Romania for the Second Fiscal Effectiveness and Growth Development Policy Loan...

Ecaterina Craciun · 16.12.2016 · 10:50 · 1 min
Banks Could Increase Interest Rates For Old Homes Bought Through First Home Program
Retail&Consumer

Banks Could Increase Interest Rates For Old Homes Bought Through First Home Program

Finance minister, Anca Dragu, said Thursday that banks could increase interest rates for old homes bought through government-guaranteed mortgage lending First Home program, but the down paym...

Gabriela Stan · 17.11.2016 · 14:56 · 1 min
Economy Ministry Launches National Multiannual Program for Micro-Industrialization
Companies

Economy Ministry Launches National Multiannual Program for Micro-Industrialization

Romanian Economy Ministry on Wednesday launched the national multiannual program for micro-industrialization, the fourth of the ten programs implemented by the ministry this year.

Gabriela Stan · 20.07.2016 · 12:21 · 1 min
Rise In New Car Registrations At Seven-Month Low In May
Automotive

Rise In New Car Registrations At Seven-Month Low In May

New car registrations rose by 7% in May to 6,345 units compared with the year-ago month, which makes it the best May in four years. Only May 2011 saw a higher number of registrations, almost...

Loredana Frățilă-Cristescu · 15.06.2016 · 00:00 · 1 min
Fondul Proprietatea Buys Back Shares Worth RON8M
Capital Market

Fondul Proprietatea Buys Back Shares Worth RON8M

Romanian investment fund Fondul Proprietatea (FP.RO) bought back, between May 30-June 3, approximately 10.9 million own shares totaling RON8.08 million, the company said in a statement to Bu...

Gabriela Stan · 07.06.2016 · 11:25 · 1 min
Vodafone Romania Takes First Steps Towards TV Service Market
Technology &Telecoms

Vodafone Romania Takes First Steps Towards TV Service Market

Vodafone, the second leading mobile telephony provider in Romania and the only major communications company that does not offer TV services, has taken the first steps towards entry on the ra...

Loredana Frățilă-Cristescu · 10.05.2016 · 10:21 · 1 min