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Bank of America adauga 3 miliarde dolari la pierderile subprime
Bank of America, a doua mare banca din SUA, a declarat ca se asteapta la pierderi de inca 3 miliarde dolari (2,05 miliarde euro) pentru trimestrul patru din cauza caderii pietei imobiliare,...
CEZ: We could operate with half the number of employees
The distribution infrastructure, which lacks adequate technical equipment, is helping to keep around 3,000 employees of the former Electrica Oltenia power distributor (controlled by the Czec...
Portofoliul de credite al Bank of Cyprus in Romania si Rusia a ajuns la 124 mil.euro
Portofoliul de imprumuturi al Bank of Cyprus in Romania si Rusia a ajuns, in primele noua luni ale acestui an, la 124 de milioane de euro, iar banca anticipeaza mentinerea tendintei de crest...
Intesa Sanpaolo and CR Firenze still pondering merger of local branches
Italian-based Intesa Sanpaolo, one of the largest financial groups in Italy, has yet to make a decision concerning its two subsidiaries on the Romanian market. The group recently took over t...
Sales of premium tyres push Goodyear profit up 20%
Goodyear Dunlop Tyres Romania, the domestic arm of the US tyre manufacturer, saw net income increase by 20% in the first three quarters of the year, while sales advanced by 14%. As a result,...
Patriciu: Price of oil per barrel will reach 150 dollars within the year
Dinu Patriciu, chairman of the petroleum group Rompetrol, believes the price of oil per barrel could reach 150 dollars next year, while competitors - Petrom, MOL and OMV - are confident the...
Genesys: Software solutions and services make up 45% of turnover
Romanian IT&C group Genesys estimates an over 40 million-dollar (27.8 million-euro) turnover this year, up 33% against the 30 million dollars (20.8 million euros) witnessed in 2008. "Nine mo...
Bella Bulgaria wants to derive 20% of business from Romania
The Bella Bulgaria group, with business worth around 55 million euros last year, will open its own retail and distribution branch in Bucharest in November, and targets its domestic business...
Africa Israel pays 78.8 million euros to get NCH out of Cotroceni Park
Real estate developer Africa Israel, controlled by Lev Leviev, one of the richest businessmen in Europe, has bought the 50% stake owned by US investment fund New Century Holdings (NCH) in Co...