5 ian 2017

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4 ian 2017

Over one third (38%) of the banks and financial organizations cannot distinguish between fraudulent and real transactions of their clients, saying that it is harder and harder to keep financial fraud more

4 ian 2017

Singapore’s sovereign wealth fund GIC has completed the acquisition of Czech group P3, one of the a leading pan-European owners, developers and managers of logistics properties, from TPG Real Estate more

4 ian 2017

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3 ian 2017

The Romanian leu lost ground versus the US dollar in the first trading day of 2017, and the central bank set the leu’s reference rate versus the dollar at 4.3408 units, down 0.87% from RON4.3033 on more

3 ian 2017

Romania’s Competition Council has approved the takeover of Romanian paint manufacturing company Deutek SA by PPG Europe BV, the institution said in a statement on Tuesday. more

3 ian 2017

CEZ Distributie, owned by Czech utility group CEZ, will change its name into Distributie (Energie) Oltenia, while the other identification data of the company will remain unchanged, the company said more

3 ian 2017

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23 dec 2016

Romanian private lending grew 0.9% (0.8% in real terms) in November compared with October, to RON220.62 billion, central bank data showed Friday. more

23 dec 2016

Romanian cable maker Romcab Targu-Mures (MCAB.RO) will borrow EUR5 million (RON23 million) from Piraeus Bank to finance the current activities and the investment projects of the company. more

23 dec 2016

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21 dec 2016

Romanian insurance market rose 12% on the year in January-September, to RON6.8 billion, according to official data provided by the Financial Supervisory Authority (ASF). more

21 dec 2016

Bancpost, the Romanian division of Greek group Eurobank, posted a net profit of RON31.4 million in the first nine months of the year, while its total assets rose 5.7% compared with the same period more

21 dec 2016

The shares of Romania’s largest private healthcare services provider, MedLife, started trading on the Bucharest Stock Exchange on December 21, 2016, at RON26 per share, following the successful more

21 dec 2016

The price of new apartments and the volume of real estate loans are estimated to increase by 5-6% in 2017, said Dana Demetrian, ‎ BCR Retail&Private Banking Executive Vice President. more

21 dec 2016

Enel Distributie Banat and Enel Distributie Dobrogea, owned by Italian utility group Enel, which manage electricity distribution networks in Banat, Dobrogea and southern Muntenia regions, changed more

20 dec 2016

The regulatory committee of Romania’s energy regulator ANRE approved, in its Tuesday meeting, the value of the contribution for high-efficiency cogeneration as of January 1, 2017, at RON13.01/MWh, more

20 dec 2016

The Romanian leu further lost ground versus the US dollar by midday Tuesday and the central bank set the leu’s reference rate versus the dollar at a new record low of 4.3502, down 0.68% from 4.3209 more

20 dec 2016

Companies have become more confident in their ability to predict and detect a sophisticated cyberattack, but they do not have investments and recovery plans in case of a cybersecurity attack, more

19 dec 2016

Romania’s production in the construction sector rose 1% in October, compared with October 2015, according to the EU's statistics office Eurostat. more

19 dec 2016

Total hourly labor costs in the Romanian economy rose 14.7% on the year in the third quarter of 2016, the largest increase in the European Union, the EU's statistics office Eurostat said Monday. more

19 dec 2016

Romanian coal and power producer CET Govora, which went insolvent in May, switched to profit following the measures taken by judicial administrator Euro Insol, including the renegotiation of over 100 more

19 dec 2016

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16 dec 2016

Romania's auto market grew 16.7% in annual terms in January-November 2016, to 128,106 units, the Romanian Automotive Manufacturers and Importers Association (APIA) said Friday. more

16 dec 2016

French-held giant Lactalis bought Romanian dairy producer Covalact, one of the ten largest players on the local market by turnover, thus strengthening its position on the Romanian market, after the more