The brokerage house Goldring maintains its target price for the shares of OMV Petrom (BVB: SNP) in the range of RON 0.78...
Local telecom company RCS & RDS has launched its mobile telephony service Digi Mobil in Italy, catering to the needs of over 1 million Romanians living there. Italy is the second destination country for Romanian workers where RCS &RDS launches its services, after launching Digi Mobil in Spain in 2008.
Banks active in Romania could lose over EUR 500 million if the Government Ordinance (OUG) 50/2010 stays in its current ambiguous form, according to the head of the Romanian Banks Association (ARB), Radu Gratian Ghetea (in picture).
Romania has seen the most significant growth in sentiment about companies’ financial outlook, according to the fourth edition of the Deloitte Business Sentiment Index (DBSI). 63 percent of interviewed executives shared optimism - an almost 48 percent increase since the first survey in September 2009 and more than three times higher than the previous edition, issued in April.
Intersnack has bought the Nutline sunflower seeds, preanuts and dried fruits brand from Alka Group, owned by Amir Krenzia, according to Ziarul Financiar. The deal was estimated at around EUR 10 million, but the two companies have not offered details.
*Intersnack buys Nutline – in Ziarul Financiar
*Merkel demands that debt to German firms be paid – in Ziarul Financiar
*Qatar's national airline starts recruitment campaign in Romania– in Ziarul Financiar
*Dacia has produced a million Logan cars in Mioveni, worth EUR 8 billion – in Ziarul Financiar
*Salaries of employees in the private sector are up by 9 percent – in Gandul
*BCR's unhappy customers: The bank hasn't showed up to reconciliation, we're going to court – in Gandul
*Georgescu sells Gecad ePayment to South African Naspers – in Adevarul
Allegro, a company of the South – Africa-based media group Naspers has taken over 83 percent in local Gecad ePayment from Romania businessman Radu Georgescu (in picture). Naspers is at its second acquisition in Romania, after buying the Autovit.ro website.
Romanian Prime Minister Emil Boc has recently said Romania will pay its debt to German companies doing business in the country. The Romanian PM talked about the country's debt to German companies to German Chancellor Angela Merkel, who is on an official visit to Romania.
Update: Adevarul Holding, a media company owned by Romanian businessman Dinu Patriciu (in picture), has received the license to start a generalist TV station called Adevarul TV and a network of 40 local stations, all with an investment of EUR 37 million.
Telecom solutions provider Huawei hopes to reach a 10 percent market share of mobile telephony sales in Romania by 2011, with plans to launch six new models by mid next month. The company had announced earlier this summer its plans to launch a PC tablet by the end of the year, which will sell at EUR 350.
A Gazprom delegation led by the Russian company's general manager Alexei Miller is expected in Bucharest on Wednesday, to meet Economy Minister representatives, according to Agepres, quoting Government sources. The Economy Minister Ion Ariton will attend the meeting, along with Romgaz representatives.
Local telecom company RCS & RDS has launched its mobile telephony service Digi Mobil in Italy, catering to the needs of over 1 million Romanians living there. Italy is the second destination country for Romanian workers where RCS &RDS launches its services, after launching Digi Mobil in Spain in 2008.
Banks active in Romania could lose over EUR 500 million if the Government Ordinance (OUG) 50/2010 stays in its current ambiguous form, according to the head of the Romanian Banks Association (ARB), Radu Gratian Ghetea (in picture).
Romania has seen the most significant growth in sentiment about companies’ financial outlook, according to the fourth edition of the Deloitte Business Sentiment Index (DBSI). 63 percent of interviewed executives shared optimism - an almost 48 percent increase since the first survey in September 2009 and more than three times higher than the previous edition, issued in April.
Intersnack has bought the Nutline sunflower seeds, preanuts and dried fruits brand from Alka Group, owned by Amir Krenzia, according to Ziarul Financiar. The deal was estimated at around EUR 10 million, but the two companies have not offered details.
*Intersnack buys Nutline – in Ziarul Financiar
*Merkel demands that debt to German firms be paid – in Ziarul Financiar
*Qatar's national airline starts recruitment campaign in Romania– in Ziarul Financiar
*Dacia has produced a million Logan cars in Mioveni, worth EUR 8 billion – in Ziarul Financiar
*Salaries of employees in the private sector are up by 9 percent – in Gandul
*BCR's unhappy customers: The bank hasn't showed up to reconciliation, we're going to court – in Gandul
*Georgescu sells Gecad ePayment to South African Naspers – in Adevarul
Allegro, a company of the South – Africa-based media group Naspers has taken over 83 percent in local Gecad ePayment from Romania businessman Radu Georgescu (in picture). Naspers is at its second acquisition in Romania, after buying the Autovit.ro website.
Romanian Prime Minister Emil Boc has recently said Romania will pay its debt to German companies doing business in the country. The Romanian PM talked about the country's debt to German companies to German Chancellor Angela Merkel, who is on an official visit to Romania.
Update: Adevarul Holding, a media company owned by Romanian businessman Dinu Patriciu (in picture), has received the license to start a generalist TV station called Adevarul TV and a network of 40 local stations, all with an investment of EUR 37 million.
Telecom solutions provider Huawei hopes to reach a 10 percent market share of mobile telephony sales in Romania by 2011, with plans to launch six new models by mid next month. The company had announced earlier this summer its plans to launch a PC tablet by the end of the year, which will sell at EUR 350.
A Gazprom delegation led by the Russian company's general manager Alexei Miller is expected in Bucharest on Wednesday, to meet Economy Minister representatives, according to Agepres, quoting Government sources. The Economy Minister Ion Ariton will attend the meeting, along with Romgaz representatives.