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July 20, 2014

EBRD, important contribution to economic development
Jul 20, 2014

EBRD, important contribution to economic development.
President Traian Basescu has received the visit of the members of the board of the European Bank for Reconstruction and Development (EBRD) at the Cotroceni Palace on Friday; within the context, he stated that the sectors in which Romanian needs the EBRD expertise most are attracting foreign (...)
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IKEA Romania Expects Online Sales At 5% Of Revenue In 2015 Online sales are likely to come to 5% of IKEA Romania revenue in 2015 financial year (that started in September and will end in August 2015), but growth potential on this segment is higher than that of traditional sales, says Alexandru Rusu, financial manager of IKEA (...)

Banca Transilvania Gets EUR150M In EIB Money Romanian lender Banca Transilvania (TLV.RO) will receive EUR150 million from the European Investment Bank (EIB) to finance projects carried out by small- and medium-sized enterprises (SMEs), companies with average market capitalization and public entities in (...)

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Bucharest Stocks Close Higher; Fondul Proprietatea And Energy Sector Boost Liquidity The Bucharest stock market closed higher Wednesday and its liquidity of 35.3 million lei (EUR7.9 million) was mainly fueled by the energy sector and transfers with the shares of investment fund Fondul Proprietatea (FP.RO).

Romania's Communist bread returns as premium product Romanians start to take inspiration from their troubled past, and revive products which were popular during the Communist period. Subsistence products from the Communist time now become luxury products. Romanian bakers will re-start baking bread using recipes from the Communist period, and plan (...)

Leu Closes Flat Vs Euro In Quiet Session Romania’s leu moved in a narrow band against the euro in a quiet market Wednesday to finish the session flat at 4.4175.

NEPI Raises EUR100M Capital In Book Build Launched Wednesday South-African investment fund New Europe Property Investment (NEP.RO) has raised around EUR100 million in a capital hike and has closed its book build launched earlier Wednesday.

 

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