Romanian
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Foreign Investors Council slams Romanian fiscal authorities' policy
The Foreign Investors Council (FIC) yesterday severely criticised the fiscal policy embraced by Romanian authorities and the treatment foreign investors receive in Romania. "Most of the time...
Romanian eurobonds price going down
The latest Romanian issue of eurobonds, launched early in July and maturing in 2010, has registered a constant price drop during the two months of trading on the international market. This y...
New clients boost Lotto's Romanian sales by 60%
Italian sportswear maker Lotto sold more than 2.3 million euros' worth on the Romanian market in H1, up nearly 60% from the same time last year. Lotto's full-year target is 4.8 million euro...
Romanian Commercial Bank set to cut lending, announces currencies rate hike
The Romanian Commercial Bank (BCR), Romania's largest bank, yesterday announced a rate hike for the currency loans granted to both natural and legal persons. Interest rates will increase by...
US dollar growth prompts Romanian banks to revise exchange rate forecasts
Romanian banks have revised their yearend forecasts on the exchange rate of the domestic currency against the two benchmark foreign currencies - the US dollar and the euro, given the last we...
Romanian glass, all for export
The bulk of the Romanian glass output is exported. Vases, glasses, painted plates, produced in Targu Jiu for instance, can be rather found at the large US retailers, instead of the Romanian...
Spanish investments in Romanian agriculture
Low land prices and the possibility of attracting non-reimbursable funds through European programmes are the main reasons why increasingly more foreign companies are investing in Romanian ag...
Romanian constructors team up with foreign companies
For years on end, Romanian constructions companies have been waiting for large projects. But there was no money. Now, money is coming, but it is European money. And since European constructo...
New entry on Romanian capital market: leading investment group Hyposwiss
Hyposwiss, one of Switzerland's main investment groups, has recently entered the Romanian market through one of its investment funds - Hyposwiss Fund-Danube Tiger. Until last year, Hyposwiss...