25 August 2010

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.

25 August 2010

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

24 August 2010

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.

25 August 2010

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.

25 August 2010

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

24 August 2010

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.

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