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Albert Roggemans, deputy chief executive of ING Bank’s Romanian retail banking business will step down in November to take up its former role in the Belgian subsidiary of the Dutch-based...
Romanian businessman Dinu Patriciu and former Georgian Prime Minister Vladimer Lado Gugenidze reached an agreement Thursday to acquire Georgia’s Narodny Bank througha special buyout vehicle...
Local low-cost airline companies were affected differently by the financial crisis over the past 12 months: while some racked up big profits, other turned to forfaiting.
After serving four years as marketing vice president of dairy producer Tnuva Romania, Sagit Tzur Lahav, 33, will take up the new leadership role in McCann Erickson Romania.
Central Depository said it had registered since Tuesday the financial instruments issued by OMV AG into the clearing settlement and registry system RoClear. The instruments can be traded on the...
The benchmark exchange rate settled by the National Bank of Romania slipped 0.1 percent to 4.2579 lei/euro, after the central bank balanced the excessive liquidity on the market in an effort to...
Heineken Romania, one of the largest brewers in Romania said it would cast off barley-malting at its breweries in Romania, leaving 61 workers without jobs, in an effort to improve efficiency. The...
The National Bank of Romania could leave room for further devaluation of the national currency, as it failed to bridge the gaps between wages and productivity, ING said in a report.