Money - Business Review



PM Grindeanu: I still think Romania’s economy can grow by 5.2 pct in 2017

Finance April 19, 2017 10:49 0 comments

With the International Monetary Fund (FMI) improving the growth estimations for the Romanian economy this year, PM Sorin Grindeanu still thinks the economy will expand by 5.2 percent in 2017. “The estimated unemployment rate dropped…more »

Traian Halalai

EximBank grants a financial package worth EUR 11 mln to Electrogroup

Banking April 18, 2017 16:00 0 comments

EximBank offers a financial package worth EUR 11 million to Electrogroup mainly for the services' export, according to a release of the bank. The financial package includes a multi-product ceiling to ensure the working capital…more »

romanian money

RON gains ground on Tuesday against the main foreign currencies

Money April 18, 2017 15:32 0 comments

The Romanian currency RON has gained in value on Tuesday against the main foreign currencies, with the RON/EUR reaching 4.5188, a drop by RON 0.043 (-0.10 percent) compared with Friday when one euro was worth…more »

"Romanian tourism"

Romanians spend over EUR 7 mln this Easter in accommodation units

Tourism April 18, 2017 10:53 0 comments

Close to 110,000 Romanians who spent the Easter Holidays within the accommodation units from Romania spent over EUR 7 million, according to the data of the Unions Federation of Romanian Tourism (FPTR). The most popular…more »


Albalact delisted from BVB by new owner

Retail & FMCG April 18, 2017 10:39 0 comments

Shares of dairy producer Albalact have been withdrawn from the Bucharest Stock Exchange (BVB), marking the delisting of the company from the local stock exchange. Albalact shares had been suspended from trading since November 23…more »


Negritoiu (ASF): The pension funds in Romania can’t be nationalized

Finance April 18, 2017 10:17 0 comments

Misu Negritoiu, the head of the Financial Supervision Authority (ASF), said that any attempt to nationalize the pension funds in Romania breaches the Constitution. His reaction came days after the ASF slapped a RON 750,000…more »

NN Asigurari

NN Pensii: The measures taken by ASF don’t affect the situation of the pensions fund administered by NN

Insurance April 14, 2017 11:31 0 comments

The measures taken on Thursday by the Financial Supervision Authority (ASF) don’t affect the situation of the pensions fund administered by NN and the savings for pensions of the approximately 1.9 million participants, says NN…more »

stock exchange, Bucharest, BVB

BVB moves to cut trading costs

Stock Exchange April 13, 2017 16:00 0 comments

The Ordinary and Extraordinary Shareholders Meetings of the Bucharest Stock Exchange (BVB), on April 12, took several decisions, based on the proposals of the company’s Board and the Executive team, among which the decrease in…more »

city insurance

City Insurance informed ASF on the applicability of a financing mechanism of EUR 30 mln

Finance April 13, 2017 15:25 0 comments

City Insurance says it informed on March 15 the Financial Supervision Authority (ASF) on the measures approved by the authority, including the applicability of a financing mechanism of EUR 30 million imposed through the decisions…more »


Money matters – BR aims to help you master your personal finance

Investments April 13, 2017 15:03 0 comments BR Exclusive

If there’s one certainty so far in 2017, it’s uncertainty. From the shock Brexit vote in the UK, destabilizing the European Union, along with the rise of the far right, to nocturnal tweeter and reality…more »