A Malev aircraft heading for Cluj Napoca returned to the Budapest international Ferihegy airport on Thursday night due to technical problems, a Budapest Airport spokesman told MTI on Friday
Read MoreCategorie: English
Banca Transilvania H1 net triples
Banca Transilvania’s BATR.BX first-half net profit trebled, Romania’s second-largest listed bank said on Wednesday, and its shares hit five-week highs as loan loss provisions looked to have peaked in the first quarter. Net profit rose to 33.2 million lei ($10.17 million) in January-June from 11.1 million lei in the same period of 2009.
Read MoreFitch Affirms Banca Transilvania at ‘BB-‘; Outlook Stable
Fitch Ratings has affirmed Romania-based Banca Transilvania S.A. (BT)’s ratings at Long-term foreign currency Issuer Default (IDR) ‘BB-‘, Short-term foreign currency IDR ‘B’, Individual ‘D’, Support ‘3’ and Support Rating Floor ‘BB-‘. The Outlook is Stable.
Read MoreMemorandum on the Bechtel’s works in 2010
Under a protocol to be concluded this August, Romania’s Government and the US Bechtel company will establish the works on the Transilvania motorway, the Brasov-Bors portion, that will be completed in 2010.
Read MoreBastos makes leap to Cluj
Rafael Bastos will not be representing Olhanense or any other club in Portugal as the Brazilian will ply his trade for Romanian outfit CFR Cluj.
Read MoreDetails about the Banca Transilvania case
The presentation of the Banca Transilvania case shows that the investigation started in 2006, the prosecutors made informational investigations, phone calls recordings, the total being kept in 34 volumes. The indictment shows that the main beneficiaries of the capital market manipulation would be Horia Ciorcila ( profit of almost 12 million lei) and Claudiu Silaghi ( profit estimated between 17 and 19 million lei). The prosecutors describe how the two have tried to hide the sums following some tradings.
Read MoreRomanian students see Rockford sites
Two foreign exchange students from Romania get a lesson in television news at WREX.
Read MoreAgent reveals interest in „New Adebayor”
Sport.co.uk understands that giant CFR Cluj forward Lacina Traore is set for a summer move away from the Romanian club with Birmingham City, Blackburn Rovers, PSV Eindhoven, Turkish club Galatasaray and German Bundesliga club Hamburg being linked with the player.
Read MoreBanca Transilvania chairman prosecuted for alleged criminal deeds related to the acquisition by Bank of Cyprus
According to info released by the media and the company, the prosecutors have taken legal action against several individuals for alleged criminal deeds related to the acquisition by Bank of Cyprus of a stake of almost 10% in TLV.
Read MoreRomania indicts chairman of Banca Transilvania
Banca Transilvania , Romania’s second-largest listed bank, has denied any knowledge of wrongdoing after the bank’s chairman was indicted by prosecutors on charges of money laundering and manipulating the market.
Read More