Year
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2004, Romanian Government's most important year
The Government returns to work today, after a two-week holiday. The current Cabinet has entered its final and most important year of the term won after the elections in 2000. On the one hand...
Grey prospects ahead of Romanian economy in this year
The Romanian foreign trade risks going adrift, as the authorities cannot find levers to contain the skyrocketing of imports, while the incompletely restructured economy is unable to sustain...
Panda, car of the year in Romania
Panda, the model produced by Italian carmaker Fiat and on which the company has pinned its financial recovery hopes, was named "Romania's Car of the Year 2004." The Italian automobile had pr...
CNVM nominated by brokers for "Blunder of the year"
The National Securities Commission (CNVM) yesterday managed to take the Romanian capital market by surprise. However, the surprise was not a "crystal-clear" regulation or a measure aimed to...
Mugur Isarescu: Reform is hard to do in electoral year
Structural reforms will continue next year, but will proceed much slower, without significant stakes involved, as the government will most likely focus on the electoral year and elections. T...
Six more Internity shops next year
The expansion of the Internity chain by opening new shops and buying companies already specialising in distribution of GSM terminals and accessories are the main goals of Avenir Telecom Roma...
GSK: 2003 the toughest year
GlaxoSmithKline (GSK) Romania, the leading drugmaker on the Romanian market, estimates sales to increase by 8%-10%, up to $74m this year. Therefore, the company will maintain its 11.5% marke...
Uniform credit costs as of next year
Flat interest, total interest, annuity, management fee - all these are terms that might easily confuse anyone looking for a consumer credit and comparing the offers on the market. Things wil...
Carpatica to maintain next year
Carpatica Bank management plans to attain about 142bn ROL (3.5 million euro) net profit and 175bn ROL (4.3 million euro) gross profit in 2004, about the same as in 2003. The assets will amou...