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Q4 good for Turbomecanica's profit
Aircraft engine and mechanical subassemblies designer and maker Turbomecanica Bucharest posted 94.2bn ROL ($2.9 million) net profit in 2002, down nearly 10% in dollars compared with last yea...
Derivatives good for seminars only
How come no bank went belly up after the Enron collapse? All the crediting banks had used certain risk covering techniques based on derivative financial instruments, specialists say. Althoug...
Tax return forms make good business
Standardised forms and cards maker Inform Lykos posted 12.7 million-euro turnover last year, 30% more than in 2001. The company is set to relocate to new headquarters in the Militari neighbo...
Good times for Petromidia
Rompetrol Rafinare-Complex (Refining Complex) Petromidia held by private oil group Rompetrol estimates 2002 turnover to reach some $800 million, while the entire turnover of the group reache...
Good prospects for regional energy exchange in Bucharest
The Romanian authorities have enlisted Bulgaria's support for basing the regional energy market in Bucharest, given that other Balkan states are competing to host this exchange. Basing the E...
Orange, good sign for Mobil Rom turnover
GSM operator Mobil Rom/Dialog estimates a 15-20% increase in turnover during the first quarter of next year, following the change of name into Orange, according to the company's general mana...
Good times for Romanian eurobond
Good times for Romanian eurobond
Good times for Romanian eurobond
Good old times seem to be back at the Bucharest Stock Exchange
Perhaps for the first time since 1997, which has been the best year for the Bucharest Stock Exchange (BSE) so far, brokers are beginning to feel like tables are finally turning.For the past...