The assets of the local branch of Royal Bank of Scotland decreased by 16% ytd to RON 6bn (EUR 1.4bn) as at end-September on the back of early repayment of loans on the corporate side, Wall-Street quoted the banks executive director Johan Gabriels as saying. The bank reported a RON 100mn (EUR 23mn) net profit for Jan-Sep, under the local accounting standards, while the full-year net profit is projected to remain close to that of last year - about RON 130mn (EUR 30mn). |
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Romania's government has earmarked RON 163mn (EUR 37mn) worth of subsidies for 2013 under a programme aimed at closing down the loss-making mines of local company CNH located in the southwestern ... more
Romanian state-controlled hydropower company Hidroelectrica sold on Thursday, March 21, in several separate contracts a total of 0.3TWh of baseload electricity deliverable between April 1 and the ... more
The Romanian government will publish the privatisation call for freight railway company CFR Marfa immediately after the consultants complete their work, probably on April 6-8, Romanian transport ... more