Ten local banks bought one-year treasury certificates worth a record 1.42 billion euros yesterday, 1.2 billion euros of which for themselves, feeding into the Treasury almost three times the amount the Finance Ministry had suggested.
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Rekkers adds 20K shares to his holding in Banca Transilvania
Chief executive of Banca Transilvania, Robert Rekkers bought during yesterday’s trading session 20,000 shares worth 45,050 lei (€10,575), according to the latest filing of Banca Transilvania to the Bucharest Stock Exchange.
Read MoreFrench Film Festival, 26 November -3 December 2009
The thirteenth edition of the French Film Festival will be held between 26 November and 3 December 2009 in Bucharest and in other towns in Romania, Cluj, Iasi and Timisoara. The audience will discover the diversity and quality of the latest films due to a film selection presented in premier.
Read MoreMagyar Gárda plans to hold commemorative event in Romania
The radical nationalist organization Hungarian Guard is planning to hold an event in Transylvania to mark the 91st anniversary of the formation of The Székely Regiment (Székely Hadosztály), Transylvanian daily Krónika reports.
Read MoreSIF shares on BSE grow 1.22% at closing bell, on the highest liquidity on the market
SIF shares gained an average 1.22 percent on the Bucharest Stock Exchange (BSE) at day-end, although the rest of the market stood still, as these were intensely speculated by the investors pending discussions in the Parliament on raising the 1 percent ownership threshold. Deals totaled 20.2 million lei, of which 70 percent were transactions with SIF shares.
Read More‘Fighter’ versus diplomat in Romanian presidential race
Incumbent President Traian Basescu, who describes himself as a “fighter”, and Social-Democrat diplomat Mircea Geoana are the main contenders in the presidential race in Romania tomorrow. The two men, both in their fifties and former members of the Communist regime, were keen to underline their opposite personalities in the campaign ahead of the vote, the first one since Romania joined the European Union in 2007.
Read MoreFC Universitatea demands Cluj match replay
FC Universitatea has demanded its Romanian Cup tie against CFR Cluj be replayed. The club lost the game 0-1 but today (Thurs) claimed it had been the victim of poor refereeing.
Read MoreGermans at Xella complete 32m-euro AAC plant and put off expansion
Xella Ro, the Romanian subsidiary of German group Xella, with 1.4 billion euros in annual turnover, has recently completed an AAC (Autoclaved Aerated Concrete) plant in Paulesti, Prahova county, following a 32 million-euro investment, and says it has no further expansion plans on the Romanian market, either through acquisitions or through greenfield projects, although last year the company had plans to build another plant near Cluj.
Read MoreHotNews.ro: Paul Di’Anno (ex-Iron Maiden) performs in Bucharest
Paul Di’Anno, the first iron Maiden vocal, will perform in Bucharest, in the Club Silver Church on November 19, starting 8 pm (local time), the organisers inform. The show is part of a world tour that lists almost 30 countries. The Thunderbolt Norwegians and the R.U.S.T. Romanians will take care of the opening.
Read MoreGeoana, Basescu, Antonescu and Hunor likely to face off in election debate
A debate between the presidential candidate of the Social Democratic Party + Conservative Party (PSD+PC) Alliance Mircea Geoana and President Traian Basescu, the endorsee of the Democratic-Liberal Party (PD-L), could be held on Wednesday at 18 :00hrs local at the Bucharest School of Economics (ASE), spokesman for the PSD+PC Alliance campaign Victor Ponta.
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