Romanian construction company Pomponio plans to raise 47.5 million lei ($20.6 million/13.2 million euro) in an initial public offering (IPO) to be carried out from May 9 to May 22, 2008.
Pomponio will place 14,616,700 shares on the Bucharest Stock Exchange (BVB) at a price of 3.25 lei a share. Each share has a nominal value of 0.1 lei.
An official UK report showed that the British industry is suffering as 540,000 of the migrants who have come from the EU new member states returned to their countries following the global crisis. How a massive reverse migration will affect the SEE?
Oct 8, 2008
The new labour force will push up the local economies
The gross domestic product will slow its growth due to the lower level of money transfers from abroad
The returning experts will lead to unstable social security system and dissatisfaction of population
The reverse migration will raise the level of business culture to the one in the countries in western Europe
The reverse migration will not provoke major changes
The name Sarajevo comes from the Turkish word saraj, meaning palace...
The name Sarajevo comes from the Turkish word saraj, meaning palace. The city is the most Arabic in atmosphere in Europe, with cathedrals, churches and synagogues standing side by side with mosques and the central Bascarsija or Oriental bazaar.
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