RON
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Electrica Oltenia vrea un profit de 95,4 mil. RON
Electrica Oltenia estimeaza atingerea unui profit de 95,4 milioane de lei (26,5 mil. euro) in 2006. Anul trecut, compania a obtinut un profit de 70 milioane de lei (19 mil. euro). Veniturile...
Mini-loan with maxi interest: 100% a year for 600 RON
Romanians'' hunger for loans has created a new market niche: small short-term loans loan granted at home, with 50% interest for six months. The company that identified the new market niche i...
Consumer lending in RON still growing
Consumer lending continued to expand at a fast pace in April, mainly fuelled, as seen in previous months, by the financing in RON. Consumer lending in April grew by 7.1%, slightly slower tha...
JTI takes out loan in RON from ING
Cigarette manufacturer JT International Romania announced it would take out a credit in RON equivalent to 60 million dollars (47.2 million euros) from ING Bank this year, according to data p...
Foreign currency purchases by non-residents knock RON onto the ropes
The RON lost 1.6% against the euro in a single session yesterday, on a highly volatile market. Non-resident investors bought foreign currency in several stages, so that quotes had gone up by...
IMF: The RON is undervalued
The RON remains undervalued against the main currencies, although the gap has narrowed to a certain extent in recent years, especially after the almost 12% nominal appreciation in 2005, seve...
Foreigners sell loads of bonds in RON
Demands by foreign investors, interested in investments in RON are forcing big foreign banks to find ways to issue bonds in Romanian currency, now that the Finance Ministry is not present on...
Impact: capitalul ajunge la 100 mil. RON cu actiuni gratuite
Consiliul de Administratie al companiei de dezvoltare imobiliara Impact Bucuresti a fost convocat pentru a aproba majorarea capitalului social al companiei cu 20,3 milioane de lei (5,87 mili...
1.58-m RON profit for the public radio company in 2005
The Romanian Radio Broadcasting Corporation (SRR) saw net profit worth 1.58 million RON in 2005, with the main station, Radio Romania Actualitati having a 21.2% market share, the lowest sinc...