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The price of “black gold” fell threefold since 2008 peak, down to below 40 dollars/barrel, both on sagging demand and financial crisis.
Coca-Cola Hellenic Bottling Company Romania said it would lay off 110 employees this year, of which 56 merchandisers and financial data operators will have the possibility of continuing activity...
The Bucharest Stock Exchange (BSE) closed today's session with drops between 6.68 and 9.94 percent, the banking sector being the most affected as BRD SocGen and Erste Bank plummeted massively on...
Risk aversion, live streaming news or the possibility of long-term investment in a plummeting-share price market, are only a few of the arguments that market specialists bring to support the idea...
Romania's national currency, the leu, resumed fall to 4.2850 versus the single European currency after gaining ground in the first transactions of the day, in line with other currencies in the...
Romanian insurers recorded gross written premiums of 8.78 billion lei (2.38 billion euro), at 22.4% growth from a year earlier, the loan insurances continuing their decline, according to the...
Kraus & Co Sport & Casual Distribution, distributor of Reebok and Northland in Romania targets 9 million euro sales, in stagnation compared to 2008, the sales being dented by the financial...
Asiban, BT Asigurari and OTP Garancia, held by the French-based insurance group Groupama, reported last year total gross premiums written (GPW) of over 1 billion lei (272.5 billion euros), up...
Orange mobile network and Sony Ericsson have extended their strategic partnership through 2011 for the development of entertainment and multimedia-oriented services for mobile users.
Bucharest Real Estate Index fell 2% in early 2009, down to 1,506 euro/sqm, 34 euro/sqm lower than in December 2008, according to the monthly analysis of real estate advisor Colliers International.
The external public debt does not imply the risk of financing gap and does not exert any pressure on the currency exchange rate, equating 10.7 bln euro at the end of last year, of which 1.6 bln...