The Romanian Competition Council has warned the Association of Banks active in the country that the exchange of information about the costs of loans offered to consumers could infringe the competition law and the Eu treaty, if it will be followed by a concerted activity.

Mega Image, the supermarket chain owned by Delhaize group, has reached a network of 61 units in Romania, after opening six more stores between June and August this year.

Pharma company Help Net Farma posted a turnover of EUR 40 million in the first half of the year, the company has announced. Its profit margin stood at 4 percent.

The Finance Ministry will organize a bid for treasury certificates worth around EUR 188 million (RON 800 million). This comes after the Finance Ministry rejected all the offers placed for the benchmark bonds last week, worth a total of EUR 70.7 million.

Real estate investment fund New Europe Property Investments (NEPI) is in discussions for the acquisition of a small logistics facility in Bucharest, while having reached an agreement in relation to the development of a shopping centre in Bucharest.

Slovenian pharmaceutical producer Krka has obtained one of the highest sales increases in Romania in the first six months of the year, compared to other markets where the group operates. The company posted EUR 19.9 million, up 30 percent compared to the same period of last year.

Romania's trade deficit went up to EUR 4.7 billion at the end of June, with EUR 25.4 million above the level in the first six months of 2009. Exports grew by 25.8 percent, while imports, by 19.3 percent, according to the National Statistics Institute (INS).

Insurance company Groupama Asigurari saw its gross subscribed premiums down 9 percent in the first six months of the year, to EUR 96 million, the company has announced.

Insurance company Allianz-Ţiriac posted an operational profit of EUR 2 million in the first six months of the year, similarly to the first six months of last year. The insurer's gross subscribed premiums have decreased by 20 percent on general insurances, to EUR 119 million. Life insurance subscribed premiums have stagnated to EUR 12 million.

The European Bank for Reconstruction and Development (EBRD) has offered a USD 180 million syndicated refinancing package to aluminium producer Alro. The EBRD loan will refinance Alro’s existing debt, consolidating and restructuring it on a longer term basis

The Romanian Competition Council has warned the Association of Banks active in the country that the exchange of information about the costs of loans offered to consumers could infringe the competition law and the Eu treaty, if it will be followed by a concerted activity.

Mega Image, the supermarket chain owned by Delhaize group, has reached a network of 61 units in Romania, after opening six more stores between June and August this year.

Pharma company Help Net Farma posted a turnover of EUR 40 million in the first half of the year, the company has announced. Its profit margin stood at 4 percent.

The Finance Ministry will organize a bid for treasury certificates worth around EUR 188 million (RON 800 million). This comes after the Finance Ministry rejected all the offers placed for the benchmark bonds last week, worth a total of EUR 70.7 million.

Real estate investment fund New Europe Property Investments (NEPI) is in discussions for the acquisition of a small logistics facility in Bucharest, while having reached an agreement in relation to the development of a shopping centre in Bucharest.

Slovenian pharmaceutical producer Krka has obtained one of the highest sales increases in Romania in the first six months of the year, compared to other markets where the group operates. The company posted EUR 19.9 million, up 30 percent compared to the same period of last year.

Romania's trade deficit went up to EUR 4.7 billion at the end of June, with EUR 25.4 million above the level in the first six months of 2009. Exports grew by 25.8 percent, while imports, by 19.3 percent, according to the National Statistics Institute (INS).

Insurance company Groupama Asigurari saw its gross subscribed premiums down 9 percent in the first six months of the year, to EUR 96 million, the company has announced.

Insurance company Allianz-Ţiriac posted an operational profit of EUR 2 million in the first six months of the year, similarly to the first six months of last year. The insurer's gross subscribed premiums have decreased by 20 percent on general insurances, to EUR 119 million. Life insurance subscribed premiums have stagnated to EUR 12 million.

The European Bank for Reconstruction and Development (EBRD) has offered a USD 180 million syndicated refinancing package to aluminium producer Alro. The EBRD loan will refinance Alro’s existing debt, consolidating and restructuring it on a longer term basis