Insurance company Groupama Asigurari saw its gross subscribed premiums down 9 percent in the first six months of the year, to EUR 96 million, the company has announced.

Romania's trade deficit went up to EUR 4.7 billion at the end of June, with EUR 25.4 million above the level in the first six months of 2009. Exports grew by 25.8 percent, while imports, by 19.3 percent, according to the National Statistics Institute (INS).

Mega Image, the supermarket chain owned by Delhaize group, has reached a network of 61 units in Romania, after opening six more stores between June and August this year.

The European Bank for Reconstruction and Development (EBRD) has offered a USD 180 million syndicated refinancing package to aluminium producer Alro. The EBRD loan will refinance Alro’s existing debt, consolidating and restructuring it on a longer term basis

Slovenian pharmaceutical producer Krka has obtained one of the highest sales increases in Romania in the first six months of the year, compared to other markets where the group operates. The company posted EUR 19.9 million, up 30 percent compared to the same period of last year.

The Finance Ministry will organize a bid for treasury certificates worth around EUR 188 million (RON 800 million). This comes after the Finance Ministry rejected all the offers placed for the benchmark bonds last week, worth a total of EUR 70.7 million.

Gabriel Resources, the majority shareholder in Rosia Montana Gold Corporation (RMGC), has spent EUUR 11.6 million on the Romanian mining project in the first half of the year, when the company posted a loss of EUR 21 million.

The Nova Group, a company owned by Romanian businessman Dan Adamescu, has bought the 50 percent share package in Medien Holding, the publisher of Romania Libera newspaper, from German Waz, the company has announced. The Nova Group thus became the sole owner of the media group.

Romanian businessman Gigi Becali would have to pay EUR 3.3 million worth of taxes for real estate deals carried on between 2004 and 2008, the Romanian fiscal authorities (ANAF) have established, according to Mediafax, quoting unnamed sources within ANAF. The EUR 3.3 million represent VAT and penalties.

Telecom operator Cosmote grew its revenues by 6.3 percent in the second quarter of this year, to EUR 115 million, according to data announced by its mother company OTE. The revenues for the first half of the year reached EUR 229 million, up 9.7 percent on the first half of 2009.

Insurance company Groupama Asigurari saw its gross subscribed premiums down 9 percent in the first six months of the year, to EUR 96 million, the company has announced.

Romania's trade deficit went up to EUR 4.7 billion at the end of June, with EUR 25.4 million above the level in the first six months of 2009. Exports grew by 25.8 percent, while imports, by 19.3 percent, according to the National Statistics Institute (INS).

Mega Image, the supermarket chain owned by Delhaize group, has reached a network of 61 units in Romania, after opening six more stores between June and August this year.

The European Bank for Reconstruction and Development (EBRD) has offered a USD 180 million syndicated refinancing package to aluminium producer Alro. The EBRD loan will refinance Alro’s existing debt, consolidating and restructuring it on a longer term basis

Slovenian pharmaceutical producer Krka has obtained one of the highest sales increases in Romania in the first six months of the year, compared to other markets where the group operates. The company posted EUR 19.9 million, up 30 percent compared to the same period of last year.

The Finance Ministry will organize a bid for treasury certificates worth around EUR 188 million (RON 800 million). This comes after the Finance Ministry rejected all the offers placed for the benchmark bonds last week, worth a total of EUR 70.7 million.

Gabriel Resources, the majority shareholder in Rosia Montana Gold Corporation (RMGC), has spent EUUR 11.6 million on the Romanian mining project in the first half of the year, when the company posted a loss of EUR 21 million.

The Nova Group, a company owned by Romanian businessman Dan Adamescu, has bought the 50 percent share package in Medien Holding, the publisher of Romania Libera newspaper, from German Waz, the company has announced. The Nova Group thus became the sole owner of the media group.

Romanian businessman Gigi Becali would have to pay EUR 3.3 million worth of taxes for real estate deals carried on between 2004 and 2008, the Romanian fiscal authorities (ANAF) have established, according to Mediafax, quoting unnamed sources within ANAF. The EUR 3.3 million represent VAT and penalties.

Telecom operator Cosmote grew its revenues by 6.3 percent in the second quarter of this year, to EUR 115 million, according to data announced by its mother company OTE. The revenues for the first half of the year reached EUR 229 million, up 9.7 percent on the first half of 2009.