Mission
Statement
Achivements
  Organisation
Statute
Structure
  Membership
Membership List
Board of Directors
Join
  News
Daily newsletter
Press Releases
  White book
  Events
  Coalitia



2015 Archive:
 
  January February March April May June July August September 2003 Archive
2004 Archive
2005 Archive
2006 Archive
2007 Archive
2008 Archive
2009 Archive
2010 Archive
2011 Archive
2012 Archive
2013 Archive
2014 Archive

June, 2015
June 2, 2015
June 3, 2015
June 4, 2015
June 5, 2015
June 8, 2015
June 9, 2015
June 10, 2015
June 11, 2015
June 12, 2015
June 15, 2015
June 16, 2015
June 17, 2015
June 18, 2015
June 19, 2015
June 22, 2015
June 23, 2015
June 24, 2015
June 25, 2015
June 26, 2015
June 29, 2015
June 30, 2015



      June 18, 2015


FIC (1)
FIC: Energy industry modernization is top investment priority
Macroeconomic News (3)
Mugur Isarescu sees 4% economic growth rate for 2015
Greece closer to default than ever
IT&C gains ground
Financial News (3)
CHF- and EUR-denominated loans show highest NPL rates
Umbrarescu's bank lost RON 35 million in first year
22.2 million Banca Transilvania shares traded on BVB
Investment News (1)
Five cranes and 500 people build ParkLake
Legislative News (2)
Tariceanu: "Unfortunately, the President spoke against the Criminal Code amendments"
PSD resurrects lobbying bill
Politics (1)
No Tarom plane for President
Social (1)
National house care program

   FIC (1)

FIC: Energy industry modernization is top investment priority
The speakers attending FIC's conference stressed the need to promote investment in the energy industry, while also warning about the legislative and regulatory challenges facing the industry in its efforts to attract additional investment.

(Source: economistul.ro; Date: 2015-06-17; Author: Unspecified)

   Macroeconomic News (3)

Mugur Isarescu sees 4% economic growth rate for 2015
Mugur Isarescu, governor of the National Bank of Romania (BNR), sold investors on Tuesday the image of a country in tune with the current situation and with a solid economic growth outlook: 4% in 2015. Isarescu has thus become the highest state official to mention a growth figure that was hard to even imagine some months ago.

(Source: zf.ro; Date: 2015-06-18; Author: Unspecified)

Greece closer to default than ever
The Greek crisis has pushed the European Union into unknown territory, with Greece being closer than ever to Eurozone expulsion. The arrival and consequences of the already famous Grexit can no longer be ignored. Greek banks account for 13% of the Romanian banking market.

(Source: zf.ro; Date: 2015-06-18; Author: Unspecified)

IT&C gains ground
The IT&C industry gained ground every year between 2013 and 2015, along with commerce, while agriculture accounts for less and less of the GDP. In the first quarter of this year, the IT&C sector contributed 0.9 percentage points to the 4.3% GDP growth rate.

(Source: zf.ro; Date: 2015-06-18; Author: Unspecified)

   Financial News (3)

CHF- and EUR-denominated loans show highest NPL rates
Corporate financing granted during the crisis years proved to be the worst investment made by the banks, as the non-performance rate reached 24% in the first half of 2014. The highest non-performance rates were reported for corporate loans denominated in CHF and EUR: 61% and 24%.

(Source: zf.ro; Date: 2015-06-18; Author: Unspecified)

Umbrarescu's bank lost RON 35 million in first year
Banca Romana de Credite si Investitii, a bank owned by businessman Dorinel Umbrarescu, ended 2014 with a net loss of RON 35 million. However, the bank's assets grew 2.5-fold, while the portfolio of loans soared tenfold. BRCI operates on the license bought in December, 2013, from ATE Bank.

(Source: zf.ro; Date: 2015-06-18; Author: Unspecified)

22.2 million Banca Transilvania shares traded on BVB
Investors traded 22.2 million Banca Transilvania shares through three deals. The shares account for 0.84% of the bank's capital and were traded at RON 2.089 per share, same as the main market price.

(Source: zf.ro; Date: 2015-06-18; Author: Unspecified)

   Investment News (1)

Five cranes and 500 people build ParkLake
Approximately 500 workers are currently laboring at the ParkLake shopping center construction site, a project worth EUR 180 million. The 70,000 sqm of future retail space are Sonae Sierra and Caelum Development's foothold in eastern Bucharest, which also houses the recently opened Mega Mall.

(Source: zf.ro; Date: 2015-06-18; Author: Unspecified)

   Legislative News (2)

Tariceanu: "Unfortunately, the President spoke against the Criminal Code amendments"
The Senate's president, Calin Popescu-Tariceanu, voiced his regret with President Klaus Iohannis's decision to make public his opposition to the Criminal Code and Criminal Procedure Code amendments. In a meeting with the magistrates' representatives, Tariceanu complained that the amendment debate had become politicized.

(Source: bursa.ro; Date: 2015-06-18; Author: Unspecified)

PSD resurrects lobbying bill
While pushing through a bill giving MPs special pensions, a group of Social Democratic (PSD) deputies resurrected the controversial lobbying bill last seen in the so-called Black Tuesday of the Romanian Parliament. The bill would ostensibly regulate lobbying activities, but opponents say it opens new loopholes for MPs to dodge the criminal law.

(Source: adevarul.ro; Date: 2015-06-18; Author: Unspecified)

   Politics (1)

No Tarom plane for President
Tarom, the national carrier that usually services Romanian officials on their foreign trips, has informed the President's Office that it cannot rent a plane to President Iohannis for his trip to the European Council's meeting. The company's representatives said that they do not have any available planes for the June 25-26 trip.

(Source: adevarul.ro; Date: 2015-06-18; Author: Unspecified)

   Social (1)

National house care program
Medical care at home services provided to the elderly and other people who suffer from health problems should be integrated into a national program, according to the representatives of 60 NGOs. The NGOs have come up with a house care project and urged the Ministry of Labor and Ministry of Health to join them.

(Source: adevarul.ro; Date: 2015-06-18; Author: Unspecified)

   
   
copyright FIC
monitorized by MEDIAIMAGE GROUP

top


   Terms & Conditions     Privacy policy    Site Map    Contact
  ©2003 Foreign Investors Council
Maintained by Datagram