One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real
Shipyard group Daewoo Shipbuilding & Marine Engineering Co., which is running business in Romania through Daewoo Mangalia Heavy Industries, may build wind farm technology at a shipyard venture in Romania, depending on demand in Europe, according to a company representative quoted by Bloomberg.
Oil and gas group Rompetrol says it will pay off USD 100 million of the USD 570 million it owes to the Romanian state by the end of the year, according to company representatives who attended a press conference earlier today. The company has already paid USD 71 million from the entire amount. The loan payment, which is due at the end of September this year, stems from Petromidia's refinery debt from 2003, which was converted by the then Government into seven-year maturity bonds, which now need to be repaid, or else they will be converted into shares.
Bucharest will have a new stadium next year, when the Lia Manoliu stadium, which is currently in works, will be finalized. The structure of the stadium is 90 percent finalized, according to its constructors, Astaldi-Max Boegl.
Oil and gas company Rompetrol will organize a press conference on Wednesday to clarify issues related to the company's debt to the state, as well as the finalization of the public takeover offer for Rompetrol Rafinare.
Around 4.5 million Romanians have loans, more than the total number of employed people in Romania, according to a report from the Romanian Central Bank (BNR). Out of this number, 500,000 people fall into the riskiest category, with three loans, two with banks and one with a non-banking financial institution.
Companies' and population debt reaches EUR 72 billion – in Ziarul Financiar, Tiriac merges its car dealers – in Ziarul Financiar, Lidl takes 100 Romanians to Germany to train them to become managers – in Ziarul Financiar, BRD pays its employees EUR 13.7 million in bonuses for last year – in Ziarul Financiar, PwC: Romania will produce 520,000 cars in 2014 – in Ziarul Financiar, State prepares for trial with Rompetrol – in Ziarul Financiar, Over 500,000 Romanians have to queue up to pay their social contributions – in Gandul, Interest on deposits has decreased Romanians' savings – in Gandul
After focusing on opening supermarkets since the beginning of the year, French retailer Carrefour will open a new hypermarket in Romania. The retailer's 23rd unit will be located in Drobeta Turnu Severin and will cover 7,100 sqm. This is the first hypermarket opened by Carrefour in the last year and a half. The opening is scheduled for Wednesday, August 25, within Severin Shopping Center. The retailer did not announce the value of the investment in this new store.
More than 65 percent of Internet users said they were influenced by online advertising and spread out messages related to brands, product and services they see online, found a recent study by IAB Romania and eResearch Corp.
Romania's car production could go up by as much as 75 percent in 2014 compared to last year, to around 520,000 units produced locally, according to a recent study by PricewaterhouseCoopers (PwC). This would be the third fastest growth pace in Central and Eastern Europe.
Utilities, oil and gas and pharmaceutical companies had the best performances in the first half of the year among the Bucharest Stock Exchange listed companies, according to a recent report by brokerage company Tradeville. Chemical, metallurgical and car industries, which posted poorer financial results, but which witnessed a positive variation against the BET index.
Shipyard group Daewoo Shipbuilding & Marine Engineering Co., which is running business in Romania through Daewoo Mangalia Heavy Industries, may build wind farm technology at a shipyard venture in Romania, depending on demand in Europe, according to a company representative quoted by Bloomberg.
Oil and gas group Rompetrol says it will pay off USD 100 million of the USD 570 million it owes to the Romanian state by the end of the year, according to company representatives who attended a press conference earlier today. The company has already paid USD 71 million from the entire amount. The loan payment, which is due at the end of September this year, stems from Petromidia's refinery debt from 2003, which was converted by the then Government into seven-year maturity bonds, which now need to be repaid, or else they will be converted into shares.
Bucharest will have a new stadium next year, when the Lia Manoliu stadium, which is currently in works, will be finalized. The structure of the stadium is 90 percent finalized, according to its constructors, Astaldi-Max Boegl.
Oil and gas company Rompetrol will organize a press conference on Wednesday to clarify issues related to the company's debt to the state, as well as the finalization of the public takeover offer for Rompetrol Rafinare.
Around 4.5 million Romanians have loans, more than the total number of employed people in Romania, according to a report from the Romanian Central Bank (BNR). Out of this number, 500,000 people fall into the riskiest category, with three loans, two with banks and one with a non-banking financial institution.
Companies' and population debt reaches EUR 72 billion – in Ziarul Financiar, Tiriac merges its car dealers – in Ziarul Financiar, Lidl takes 100 Romanians to Germany to train them to become managers – in Ziarul Financiar, BRD pays its employees EUR 13.7 million in bonuses for last year – in Ziarul Financiar, PwC: Romania will produce 520,000 cars in 2014 – in Ziarul Financiar, State prepares for trial with Rompetrol – in Ziarul Financiar, Over 500,000 Romanians have to queue up to pay their social contributions – in Gandul, Interest on deposits has decreased Romanians' savings – in Gandul
After focusing on opening supermarkets since the beginning of the year, French retailer Carrefour will open a new hypermarket in Romania. The retailer's 23rd unit will be located in Drobeta Turnu Severin and will cover 7,100 sqm. This is the first hypermarket opened by Carrefour in the last year and a half. The opening is scheduled for Wednesday, August 25, within Severin Shopping Center. The retailer did not announce the value of the investment in this new store.
More than 65 percent of Internet users said they were influenced by online advertising and spread out messages related to brands, product and services they see online, found a recent study by IAB Romania and eResearch Corp.
Romania's car production could go up by as much as 75 percent in 2014 compared to last year, to around 520,000 units produced locally, according to a recent study by PricewaterhouseCoopers (PwC). This would be the third fastest growth pace in Central and Eastern Europe.
Utilities, oil and gas and pharmaceutical companies had the best performances in the first half of the year among the Bucharest Stock Exchange listed companies, according to a recent report by brokerage company Tradeville. Chemical, metallurgical and car industries, which posted poorer financial results, but which witnessed a positive variation against the BET index.