of
1.710 articole · RSS
LNM Holdings eyes bigger slice of Romanian steel industry
Steel group LNM Holdings, owner of the main stakes in Ispat Sidex and Tepro Iasi, may significantly increase its presence on the Romanian market this year. LNM is the only group to have subm...
Pants put stockings out of business
Embracing the Western fashion, Romanian women are leaning towards comfortable clothing and tend to forsake elegance. They favour pants over skirts, which has led to dwindling sales of stocki...
Downturn, shinking numers of tourists hit travel agencies
The economic downturn is affecting Romanian travel agencies. The domestic tour operators have failed to meet original forecasts, as H1 sales were either flat or posted a very slight increase...
State to sell 33-34% of Petrom
After having postponed the endorsement of the privatisation strategy, the Romanian Government on Tuesday approved privatising Petrom by the sale of a 33-34% stake in the company, followed by...
One more month of negotiations for 25% in BCR
The European Bank for Reconstruction and Development (EBRD) is hoping to conclude the negotiations for buying a stake in Banca Comerciala Romana (Romanian Commercial Bank - BCR) in September...
SIF Banat-Crisana in search of opportunities
Financial Investment Company (SIF) Banat-Crisana intends to invest more than $4 million in the second half, with most of the money directed to new business development. The company is now lo...
Minister Popescu unaware of any energy issues with IMF
In spite of the statements made by Finance minister Mihai Tanasescu, who said the utility bill collection remained one of the top issues on the list of the talks with the IMF, the Economy an...
H1 budget deficit, 0.8% of GDP
The general consolidated budget deficit reached 0.8% of GDP in the first half, with the state budget, the social security budget and the health care insurance fund witnessing significant neg...
Citigroup si Bank of America au profituri peste asteptari
Citigroup si Bank of America au inregistrat in al doile trimestu al anului profituri care au depasit previziunile analistilor, datotita bunelor rezultate din activitatile de retail si invest...