December 3 (SeeNews) - Following are some of the main stories in the online versions of Romanian media on Thursday morning. SeeNews has not verified these reports and cannot vouch for their accuracy.
ZIARUL FINANCIAR
- Analysts expect the Bucharest Stock Exchange to enjoy an upward trend in December provided that political uncertainty will start to fade out and the global markets will remain in a positive mood.
- The initial public offering of 100% of Romanian closed-end investment fund OTP Green Energy, managed by OTP Asset Management, was fully subscribed, raising 8.0 million lei ($2.8 million/1.9 million euro) on the Bucharest Stock Exchange, preliminary data of the offer’s intermediary Intercapital Invest showed.
- Gross written premiums of Romanian insurer EuroIns, controlled by financial and industrial group Eurohold Bulgaria, more than doubled in the first nine months to 219 million lei, mostly driven by car mandatory insurance, the daily said.
- Astra Asigurari, one of Romania’s top three insurers, projects a net profit of 9.0 million lei this year, triple from 2008, the company’s president Radu Mustatea said. It also expects its gross written premiums to rise by 150 million lei to 800 million lei.
BUSINESS STANDARD
- The Romanian telecommunications equipment market will exceed 1.0 billion euro ($1.5 billion) this year, and market players expect it to grow slightly next year, Dragos Chivu, Nokia-Siemens Networks country director for Romania, said.
AGERPRES
- EFT Romania won a tender to supply electricity to cement producer Holcim Romania as of next year, Holcim Romania said. The value of the contract was not disclosed.
(1 euro = 4.2464 Romanian lei)