Thursday, July 31st

OTP Bank Romania has purchased Millennium Bank Romania

OTP Bank Romania has purchased Millennium Bank Romania, following a deal worth 39 million euros – a press release of the OTP says. Millennium Bank ranks 22nd among the banking institutions in Romania. Following this acquisition, the market share of OTP Bank Romania will increase to 2.1 percent, and the bank will ascend to the top 11 position. Representatives of OTP Bank Romania estimate that the integration of Millennium will last about a year. By its end, OTP will have a portfolio of about 400,000 customers, nearly 150 branches and over 160 ATMs.

Unemployment in Romania in June was 700,000 people

The number of unemployed in Romania in June was 700,000 people – the Natrional Institute for Statistics announced today. The unemployment rate calculated by the institute was 7.1 percent, lower than the rate a year ago and decreased to the unemployment in May. NIS includes in the calculation of unemployment persons aged up to 74 years, looking for a job and ready to work within two weeks. According to this definition, there were 700,000 unemployed in June. If the unemployment rate announced by the NIS is 7.1 percent, the unemployment among men is higher than 7.7 percent. Among women, unemployment calculated based on the NIS methodology is 6.4 percent. Compared to earlier periods, the number of unemployed last month was 15 thousand less than in May and nearly 40 thousand less than in June last year.

Romanian police missions in Paris and Amsterdam

32 Romanian police officers are on mission in Paris. Their aim is to support the French police in combating offences involving Romanian citizens. They help both to prevent pick-pocketing in tourist areas, and to identify networks of home burglars and prostitution. This kind of cooperation has been exiting for several years and is highly appreciated by the French partners. After a period in which the number of crimes committed by Romanians increased a lot, by 70 percent between 2009 and 2011, starting the end of last year, statistics show a dropping in offences. A team of police officers from the Bucharest Police will go, on a temporary mission, by the weekend to Amsterdam, where they will work jointly, for four days, with the local police to identify those who might commit offences during street events.

Natalia Polikarpov

Dear readers, in August, the news service in English will be unavailable. Thank you for your understanding and we are waiting for you in September, with more information and interesting news.

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