foreign
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20 foreign funds invest 1.1bn euros on BSE
Twenty of the biggest funds active on the Bucharest Stock Exchange owned around 1.1 billion euros in Romanian shares at the end of August, double last year's value. The increase is due to th...
Foreign investor interest in farming land set to boost prices
A hectare of agricultural land could sell for up to 6,000 euros within the next five years, which is close to the European average. At present, agricultural land sells for 1,500-2,000 euros...
NBR's foreign currency reserve up by 510m euros
The NBR's (National Bank of Romania) foreign currency reserve reached 25.2 billion euros at the end of September, a 510 million-euro rise against the previous month. The rise occurred amid a...
Romania lacks a plan B to respond to foreign shocks
Romania's major problem in the current international context is its lack of a "plan B" that should enable it to counter the effects of some possible foreign shocks that may occur given the v...
Professional in talks to acquire a foreign company
Recruitment company Professional, which registered the second highest turnover on its market, is in negotiations to buy a foreign company. "We are considering both opening our own offices, a...
Strengthening of RON doubles foreign currency loans
The volume of foreign currency loans taken out by individuals doubled in August against the same month last year, and climbed to over 30 billion RON (almost 9.4 billion euros), according to...
International climate and high foreign deficit make Romania vulnerable
The international financial markets are more tense than at the beginning of the year, and Romania's foreign deficit is rising above initial estimates - all the more reason to take appropriat...
1.3bn-euro foreign investments in 7 months
The value of foreign investments in form of contributions to the share capital of firms registered in Romania surged by over 90% in the first seven months of the year against the same period...
Foreign funds, net sellers in August
Foreign investments on the Bucharest Stock Exchange in August registered a minus of 26.7m euros, with foreign funds being net sellers for the first time in the past year, according to the da...