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Beyler to build 150 villas on the site of current plant
Beyler Galati, a doors manufacturer, intends to relocate its activities following a 7 million-euro investment and will develop a 150-villa district on the site of the current plant, a project that will require 40 million euros. The investment in building the n...
Asirom holds 80m euros in deposits, current accounts and bonds
Asirom, one of the largest insurers on the market, has 287.2 million RON (80 million euros) in deposits, current accounts and bonds, according to the end-of-2007 data in the company's annual...
Seat to sell new Ibiza alongside current model
Porsche Romania, the importer of Seat on the local market, will continue to sell the current generation of Ibiza on the local market, the supermini model of the Spanish manufacturer, by appl...
BCR hopes to double current account sales
Banca Commerciala Romana (Romanian Commercial Bank - BCR) estimates it will soon sell 2,000 current account packages per day, i.e. double the current level, according to Martin Skopek, retai...
New credits and current accounts from CR Firenze
CR Firenze bank, the former Daewoo Bank, released new credit and savings products last week. The bank announced on Monday the launch of a current account for individuals, with a 5.5% annual...
Current account deficit doubles in April
The current account deficit, which measures net foreign currency outflows, doubled in April to 1.39 billion euros, according to data published on Friday by the National Bank. Overall, in the...
NBR: Deposit money moves to current accounts to dodge taxes
The situation of time deposits is no longer relevant given that a lot of money is registered on current accounts as a result of the solution banks came up with in order to dodge interest tax...
Interim president concerned about current account deficit
Nicolae Vacaroiu, interim President of Romania and former Prime Minister from 1992 through 1996, has commented, shortly after taking over his new position, that the RON risks a correction du...
Current account deficit triples
The current account deficit boomed in February, by climbing almost 1.28 billion euros, an increase about three times higher than the increase in February 2006, after coming under pressure fr...