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The privately-managed mandatory pension funds (pillar II) and voluntary pension funds (pillar III) had an 12-month average return of 17.5% and 14.9% respectively, while inflation rate stood at...
The Group, Romania’s largest communication company, with turnover of €109.8 million in 2008, said it bought field marketing agency BrandsOn, which will join the 14 companies already...
Tony Gray, who launched Avantaje, Elle, and Viva magazines in Romania, has been appointed as marketing director of communication group Lowe Romania.
The National Bank of Romania will put into circulation for numismatic purposes, 500 silver coins commemorating the 300th anniversary of the birth of Bishop Petru Pavel Aron, the central bank said...
The open-end investment fund Raiffeisen Euro Plus attracted net inflows of over €50 million within only six weeks of activity, the biggest share of inflows coming from natural persons,...
vThe board of BRD Societe Generale held an ordinary meeting today and picked Guy Poupet as the new chief executive of the bank and chairman of the board.
Romania’s October factory output fell1.4% from the same period of last year, at a seven times slower rate than EU average of 10.2%. Romania’s industrial production drop is the EU...
Groupama Insurance has appointed Dragos Calin as country sales director for distribution network management.
The National Bank of Romania has set a mid-point reference rate of 4.2496 lei against euro, up 0.04% from yesterday in quiet trade, after an IMF mission arrived today at Bucharest to discuss 2010...
Pharmaceutical market in Poland will exceed 25 billion zloty (around €6 billion), which shows a significant improvement from last year. On-line pharmacies are expected to be the fastest...
BET index at the Bucharest Stock Exchange traded up 1.7% Monday, led by Banca Transilvania shares (TLV) and helped by the optimism in the foreign stock markets after Abu Dhabi provided $10 billion...