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He heads the development operations of one of the biggest players in the local real estate market, AFI Europe and left Costa Rico for Romania, in a time when properties were ballooning in price....
The crisis could start hitting taxpayers to their pocketbooks, leaving Europeans with a bill as high as 16.5% of Gross Domestic Product, according to European Commission. Analysts of Austrian-based...
Representatives of a building material company based in China have arrived in Targu-Jiu at the National Company of Lignite Oltenia S.A (SNLO) to talk a 28-million euro investment in Motru, in the...
The proposal was initiated by senators and deputies from several political parties requesting the equity holding limit of 1% in financial investment companies to be discarded.
UK-based investment fund Tri Investments acquired through its real estate investment arm Salamanca Capital a portion of the residential compound Perla Residence for around 15.5 million euros.
Banks keep interests high through a market phenomenon, which makes them level their offers to remain competitive, said the advisor to the governor of NBR, Adrian Vasilescu, adding that banks did...
Piraeus Bank’s capital adequacy ratio stands above NBR’s statutory capital requirements of 10% and needs no further capital increase for the reminder of this year, apart from the 20...
RBS Romania launched LOMS (Limited Order Management System), a new facility available within the bank’s electronic trading platform, which provides real time access and trading in the forex...
The National Bank of Romania announced today a benchmark exchange rate of 4.2284 lei per euro, 0.11 percent lower than yesterday's rate, as the volatility was rather low and the trend to go up...
Raiffeisen Bank Romania approved a 50 million euro budget for credits under “First Home” program, amount that can be increased depending on the market conditions, said the bank's...