The Romania Journal Daily news in English from Romania FIC Business Sentiment Index reveals significant drop in investors’ trust in Romanian business environment
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Omniasig posted gross written premiums of RON 1.06 bn in 2017, down by 2.24 pc
Omniasig’s total volume of gross written premiums was RON 1.06 billion last year, 2.24 percent below the level registered in 2016. According to a press release, this decrease is mainly due to the diminishing of the gross written premiums on ...
Read More »Ramona Jurubita appointed as Senior Partner for KPMG Romania & Moldova
KPMG appoints Ramona Jurubita as Senior Partner of the firm in Romania and Moldova, effective as of October 1, 2018, a press release informs. She isi replacing Serban Toader after his three consecutive appointments as leader of the professional services ...
Read More »MedLife completes Polisano acquisition, consolidates its leadership in private medicine in Transilvania area
MedLife has completed the acquisition of the 100 percent stake in Polisano medical services division, ranking in top 10 largest medical services providers in Romania, after the acquisition was validated by the Competition Council, as a press release informs. The ...
Read More »UPDATE BNR leaves key interest rates on hold, contrary to expectations. Isarescu: Inflation to reach a peak of 5 pc in 2018
In its today meeting, the Board of the National Bank of Romania (BNR) decided to keep the monetary policy rate at 2.25 percent per annum, as a press release informs. The move comes as a surprise to market followers and ...
Read More »Banca Transilvania officially took over Bancpost. Eurobank Group comes out of the Romanian market
Banca Transilvania, the second bank in Romanian banking system, became the owner of the majority of shares (99.15 percent) held by Eurobank Group in Bancpost, as well as the owner of the shares held in ERB Retail Services IFN and ...
Read More »Investors accuse mayor Firea’s companies of distorting the competitive environment
Coalitia pentru Dezvoltarea Romaniei (CDR) asks the Bucharest City Hall to respect the principles of free competition, the principle of transparency and legal provisions in the award of public service contracts to municipal companies set up last year, as a ...
Read More »One Floreasca City kicks off soon. Former Ford factory in Bucharest to turn into a EUR 100 M multifunctional project
One United Properties, a leading developer of premium residential real estate and office buildings, will start the construction works on One Floreasca City this April. The multifunctional residential project, developed together with Auchan Romania, is located on the site of ...
Read More »3-month ROBOR Index up to 2.09pc
The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has grown to 2.08% on Tuesday, up from 2.08% on Monday, according to the figures released by the National Bank of Romania (BNR). The ...
Read More »BVB – No transactions on Good Friday and during Orthodox Easter
The Romanian capital market will be closed on April 6, on Good Friday, and April 9, on Orthodox Easter, according to information posted on the Bucharest Stock Exchange (BVB) website. The value of share transactions in the main segment of ...
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