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Silvarom to sell more in Romania
Silvarom, one of the leading furniture makers in Romania logged nearly 15 million euro (463bn ROL) turnover last year, up 9% from 2001, general manager Andrei Menhardt told Ziarul Financiar....
No more than 4.5% for three-year USD-denominadet bonds
About three quarters of the three-year dollar-denominated bonds released by the Finance Ministry on Wednesday remained unsold because many banks bid unacceptable yields as far as the State w...
104 more Siemens trains for CFR Calatori
The initial contract concluded between Siemens and CFR Calatori for buying 120 trains stipulates 104 more trains worth nearly 300 million euros (the 120 had cost 320 million euros) may be bo...
Mutual funds post more losses
The Stock Exchange growth last year and the decline in the monetary market yields have pushed more and more mutual funds to invest in listed securities. Only six of the 21 open-end funds par...
EU considering more funds
Romania could get the most money for accession of all the 12 EU applicant states throughout 2004-2006, Romania's Negotiator for the EU Vasile Puscas said while in Cluj Napoca on Sunday. He a...
More ROL for credits
The decline of the interest rates for credits in ROL is starting to show. The same is happening to the interests for deposits, which have practically plummeted, discouraging short-term savin...
Signs that Saddam will fall: Iraqi debt becomes more expensive
The airplanes and missiles locked on Iraq are not the only signs pointing to an upcoming confrontation. They are joined by certain financial indicators, which most analysts tend to overlook....
RIU wants four more hotels in Mamaia
RIU hotel chain, held by the largest tour-operator in Europe, TUI, is planning to take over four hotels in Mamaia, a resort where it already manages a hotel, Tourism minister Dan Matei Agath...
Stock Exchange investors more cautious
Net investments made by non-residents on the Bucharest Stock Exchange registered a negative value in February for the first time in four months. The shares sold by non-residents last month w...