BCR returns to profit

Apr

BCR returns to profit

BCR, the biggest local financial group, ended the first quarter with a modest net profit, 76.1 million lei (about 18 million euros), with the persistent difficult economy showing in the final result, which accounts for less than one third of the income in corresponding period of 2010.

Apr

Setting up a simple sole trader business requires at least three institutions and many queues

Ziarul Financiar starts the campaign “De-bureaucratise the economy”. Read today how complicated it is for an individual to set up the simplest type of business: sole trader (PFA in Romanian).

Feb

Stock Exchange “champions” recover faster than economy

The ten biggest non-financial companies on the Stock Exchange last year reported turnover increases against 2009, with the leaders being companies in the industrial, energy and pharmaceutical sector.

Feb

How could economy leave recession behind?

Analysts believe there are few chances that the economy will perform better in the third quarter against the last three months of last year, with a modest growth being possible as a result of the robust export growth, the reversal of public sector salary cuts and the slight growth in the consumer spending in the first quarter.

Oct

Orange: Revenues down mainly on prepay segment

Orange Romania’s revenues slid by 8.7% in the third quarter from a year ago, to 246m euros, amid the difficult economy and the fallout from the VAT hike and public sector salary cuts.

Oct

Romanian economy in for rising interest rates

Mugur Isărescu, NBR governor, said Romania has reached the limit when it comes to the state borrowing cheap, which means that the entire economy should be prepared to take into account rising interest rates.

Oct

US terror warning could hurt Europe’s economy (AP)

AP – A rare advisory for U.S. travelers to beware of potential terrorist threats in Europe drew American shrugs Sunday from Paris to Rome, but tourism officials worried that it could deter would-be visitors from moving ahead with plans to cross the Atlantic.

Sep

Business people at ZF Expert meeting: Romania's economy to languish over the next two or three years

Over the next two or three years the economy will continue to languish, using an “it’s OK as it is” approach, several businesspeople believe, while Dan Pascariu, chairman of UniCredit Tiriac Bank’s Board of Directors, says there are surveys that show Romania will become one of the growth vectors in Central and Eastern Europe again.

Sep

Head of Statistics Institute sees growth in Q3 and W-shaped recession

The economy could get out of recession at the end of the third quarter, after a new increase in the GDP, but the last quarter might see decline, hence a W-shaped trend, said Vergil Voineagu, National Statistics Institute (INS) chairman.

Aug

Curs valutar 12.08.2010

Cursul Zilei
Cursul valutar valabil astazi (12 aug. 2010) a fost stabilit de catre BNR la data de 11 aug 2010.
Vezi lista completa a valutelor!

Valuta	RON	Variatie
EURO (€)	4.2404	0.0064
USD ($)	3.2555	0.0385

Posts tagged ‘economy’