PLANNED MEETINGS FOR THE FIC MEMBERS
(Please confirm your participation at : office@fic.ro)

Board meeting
on Tuesday, 7 September, at 18:00 at FIC office
 
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The key roles of Foreign Investors Council are:

• to contribute positively to the improvement of the Romanian legal framework for commercial and tax matters;

• to promote sound business ethics;

• to project a good image of foreign investment and of business in general.

 


July 29, 2010

  FIC
• Foreign Investors Council: In Romania, the average speed of trucks is 35 kilometers per hour
• Mariana Gheorghe, President of the Foreign Investors Council, stated that predictability and transparency are critical issues for the business community
  Financial News
• Banca Transilvania posted a net profit of RON 17.2 million for Q2
• BCR to launch the Personal Banking service
• GE Garanti Bank and WWF are launching the WWF Bonus Card
• Radu Ghetea, chairman of ARB: Banks will reschedule public sector workers' debts
  Macroeconomic News
• BRD got a credit line of EUR 50 million from the EBRD for SME loans
• Ministry of Economy passed aid transparency scheme for SMEs
• Lending recovery delays, putting a crimp on the recovery of the economy at large, businessmen say
• Candole Partners sees a 4.6% drop in retail sales this year
  Investment News
• Franklin Templeton plans to buy real estate assets and stakes in Romanian realtors
• Alenia Aeronautica and SAAB offer to invest EUR 1 billion in Romania's economy provided that the Romanian Government agreed to buy their fighters
• Eldon, a producer of industrial boxes and lockers, is planning to keep hiring until the end of this year
• Starting this summer, Samsung Electronics Romania's clients will benefit from new services and products faster as the company's new operational structure is released
  Legislative News
• No news for today
  Politics
• The Government will pass on Monday the norms for enforcing the amendments to the Fiscal Code, even though these norms were supposed to have been passed by Wednesday

 

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Yilmaz Yildirimlar
General Manager, Radisson Blu Hotel, Bucharest

We are very confident that Romania is a beautiful country, with great potential and a very bright future ahead. Because foreign investments are a great part of the country's economy, we believe in FIC and it's role in developing Romania's future.

 
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