Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Ionut Costea: EximBank reported RON 420 M profit...

Ionut Costea: EximBank reported RON 420 M profit during crisis which reflects significant increase in commercial activity and national economy support

May 30, 2012

EximBank reported RON 420 M consolidated profit before taxes which shows that the current implemented business model is solid and permits further support for the Romanian business environment, declared Ionut Costea, President of EximBank during the event organized by the 20th anniversary of the Bank. Guarantees volumes offered by EximBank increased 11 times during crisis, from [...]

Read in full - click here
Romania vows to support Moldova’s European path as Moldovan companies are looking to access Western investors through the Bucharest Stock Exchange

Romania is firmly committed to supporting Moldova’s European path and the Bucharest Stock Exchange can help strengthen the economic cooperation between the two countries allowing Moldovan companies to draw capital from Romanian and Western investors, according to Romanian top officials present at the Moldova-Romania Capital Bridges forum in Bucharest, on March 27, 2024. Meanwhile, Moldovan […]

Supermarkets will remain open on weekends, Romanian PM says

Romanian prime minister Marcel Ciolacu said on Thursday, March 28, that the stores will not be closed on weekends, as proposed by small-format retailers. “I want to close a topic that has triggered public debate: the one related to operating hours and closing stores on weekends. From all the signals received from society, it is […]

New shopping center to open in Romania’s Sinaia mountain town

A new shopping center is set to open at the exit from Sinaia, a popular mountain town in Prahova Valley, some 120 km north of Bucharest. According to mayor Vlad Oprea, Sinaia Plaza “will open soon” after an investment of EUR 5 million. Mayor Oprea said that this will be the largest shopping center in […]

Symmetrica invests EUR 48 mln in new concrete pavements factory near Bucharest

Symmetrica, a Romanian company that produces pavements, curbs, and vibro-pressed gutters for pedestrians and roadways, said it’s investing EUR 48 million in a new concrete pavements factory. Located in Bolintin Vale, near Bucharest, the new unit will be inaugurated this autumn. According to the company, the factory will be the largest of its kind in […]

Head of Romania's Consumer Protection Agency to run for mayor of Constanța

Horia Constantinescu, the president of Romania's National Authority for Consumer Protection (ANPC), has been chosen as the candidate for mayor of the Black Sea port city of Constanța by the Social Democratic Party (PSD).  Constantinescu, 50, has had a controversial term as head of the Consumer Protection Agency, attracting criticism from employer organizations, fast-food giants, […]

Romanian president approves law prohibiting sale of electronic cigarettes to minors

Romanian president Klaus Iohannis recently approved a law initiated by Social Democrat (PSD) deputy Alfred Simonis prohibiting the sale of electronic cigarettes to minors.  The law aims to reduce the exposure of children and young people to tobacco products and discourage smoking among young people. It also bans such products from being sold through vending […]