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Employers complaining about taxation
The high taxes are practically rendering domestic employers unable to develop their businesses, by draining them of the necessary resources and are pushing foreign investors away, Marian Mil...
More about Dracula next month
News about the exact location of Dracula Park will be released on February 5, following a meeting between Tourism minister Dan Matei Agathon and Judy Clark, head of the International Departm...
BCR and BRD about to storm Romanian mutual funds market
Banking deposits rates keep dropping, pushing many investors to look for more profitable investment options. Since the revenues derived from interest rates and insurance will be encompassed...
2002's industrial output up about 6%
Eleven months through 2002, Romania's industrial output was registering 5.8% growth compared with the corresponding period in 2001, solely because of the growth in the processing industry. O...
Julius Meinl cautious about Romania
The multinational company status, which entails product launches on several markets at one time, does not come with benefits only. The poor results that Julius Meinl coffee registered after...
No need to worry about the "heavy" dollar just yet
Much to the surprise of the financial market, the National Bank of Romania (NBR) in October implied that it supported a higher increase of the ROL/USD exchange rate as compared to the previo...
Lenders concerned about Termoelectrica split
Termoelectrica's split into several units, as decided by the Government last week has made foreign investors apprehensive. Those that are about to buy the $320 million bonds issued by the co...
Insurance market worth about 500 million dollars
The insurance market could come to total about half a billion dollars by the end of the year, according to the nine-month performance, therefore 45% higher than in 2001. "The gross premiums...
Bidding war over drugmaker Terapia about to break loose
Investment bank Rotschild has completed the assessment study for Terapia Cluj-Napoca, one of Romania's largest drugmakers that was put up for sale this spring by the shareholders, according...