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Tag Archives: returns

Romanian capital market gives positive returns to investors despite external turmoil

Bucharest Stock Exchange (BVB) managed to stay afloat at the end of the first eight months despite external turmoil, which sent several markets in negative territory amid growing international uncertainty. Global indices provider Morgan Stanley Capital International (MSCI) reveal world ...

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Tarom aircraft to Amsterdam returns to Bucharest following outside glazing crack

A Boeing 737-700 aircraft operated by Tarom flying to Amsterdam returned to the airport in Bucharest after an outside glazing has cracked. „The decision of the commander to turn around observes the safety and security norms and procedures of the ...

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Romania plays in the big league on private equity funds, survey says

On the backdrop of a stable economic context in the region and with growing macroeconomic indicators, Romania has won the deal doers’ trust now becoming a core market for private equity funds next to Poland, according to the Deloitte Central ...

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Corvini Castle robbed, prejudice –over RON 170,000

The Corvini Castle in Hunedoara (also known as Hunyad Castle) has been robbed during the past weekend. More precisely, the castle’s pay desk has been broken, with the prejudice being estimated to over RON 170,000 (about EUR 37,000), money originating ...

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BVB’s BET index, at the highest value since January 20, 2008

Bucharest Stock Exchange (BVB) saw the two key indices, BET and BET-TR, surge by about 13.4 percent each in just 8 weeks. According to a press release, the BET index, which includes the top 10 most liquid shares of the ...

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TAROM ends 2016 half year with RON 28.6 M losses

Romanian air carrier Tarom ended the first half of 2016 with losses of RON 28.6 M, after the airline also halved its losses in Q2 compared to the ones in the first quarter, reads a company’s press release. “The budget ...

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Untold festival: EUR 23 M returns in 4 days

UNTOLD festival, the electrifying event that brought 300,000 spectators to Cluj Napoca the past weekend, reported returns of EUR 23 M, three millions more than in 2015. So, on average the spectators spent EUR 50 per day. All the 12,900 ...

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Gabriela Firea accuses PNL of preventing her to swear as Bucharest mayor

Bucharest mayor-elect Gabriela Firea on Tuesday accused the Liberals of preventing her to take the oath and therefore take over the Bucharest mayor seat. More precisely Firea said that Wednesday’s swearing-in ceremony had been postponed because the National Liberal Party ...

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Corvin Castle sets new records

Corvin Castle in Hunedoara set some records both on visiting tourists and also on returns. The famous Romanian castle managed to cash over EUR 1 M from selling tickets, thus boasting as one of the most important taxpayers at the ...

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