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Banca Transilvania and HVB launch three new mutual funds
BT Asset Management and CA IB Asset Management, the respective investment management divisions of Banca Transilvania and HVB, have received the necessary CNVM licences for the launch of thre...
GTC to invest 20 million euros in three new real estate ventures
GTC Romania, the developer of the Bucharest-based Europe House office building, will this year complete the America House complex, an office building worth some 50 million euros and will als...
7 days till new ROL and counting
One week before the shift to the ROL with fewer zeroes (RON), the banking system is getting ready to pass the logistics and technical test of the transition period around July 1. The fact th...
Flamingo International IPO reveals new millionaires in euros
The initial public offering of the ITC group Flamingo International, which set the companya??s market value at over 55.4 million euros, has revealed new millionaires in euros, whose fortune...
Shift to new ROL comes with two-day banking service shutdown
Set some cash aside! As of the morning of Thursday, June 30 until mid-day on Friday, July 1, the banksa?? customers will not be able to use their cards for withdrawing cash from ATMs or for...
Avon appoints new general manager
Avon Romania, the local branch of the US cosmetics group, has a new general manager. Angela Cretu (photo), 31, will formally take over the post on July 1, after having worked as interim gene...
Air France introduces new flight
Air France has launched a new daily flight between Bucharest and Paris. This brings the number of flights on this route operated by the French airline to five. a??Wea??ve seen demand increas...
New developments in the taxation of capital gains
There has been a further series of clarifications in relation to the taxation of gains made from share transactions to come into force on June 1, 2005: the Finance Ministry will continue to...
Alegerile din Marea Britanie, umbrite de exploziile de la New York
Britanicii au fost chemati ieri la urne sa aleaga cei 646 de parlamentari din Camera Comunelor, nucleul puterii politice din Regatul Unit. Favorit al scrutinului este Partidul Laburist si li...