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Show us the money (policy) and we'll invest!
The uncertainty surrounding the new monetary policy the National Bank is to embrace soon, as well as the interests the Finance Ministry would agree to pay in the future have made banks very...
First time on domestic market, AND takes syndicated loan from Romanian banks
A first time for the Romanian financial market: a company, even if state-owned, manages to get a syndicated ROL-denominated loan from Romanian banks instead of getting it in foreign currency...
Globtel Internet and AIGNET merge into Globtel Holdings
The communications industry, still effervescent seven months after the market deregulation, sees consolidation efforts pick up speed. This is also the case of Internet service providers Glob...
Business people and bankers oppose IMF
The balance of credits granted by the Romanian banks to individuals and companies throughout June 2002 - June 2003 went up 51.4%, NBR data show. The growth in real terms reached 33%, as the...
Siemens and CFR sign 45m euro contract
The Transports, Constructions and Tourism Ministry will get 45m euros in domestic and foreign loans, secured by the Ministry of Public Finances.The money will be used for gearing several rai...
Car stereos and radars are trendy
Falcon Electronics, a company specialising in car electronics posted $2 million turnover in the first half, up more than 50% from the $1.3 million logged in the year-ago period. The growth i...
Hot business: jacuzzi and sauna
The products aimed at providing relaxation after a hard day's work - saunas and jacuzzis are in increasingly higher demand from Romanian clients, with sales expected to surge this year. Wher...
Puncte tari si puncte slabe la Marks and Spencer
Reprezentantii Marks and Spencer, cunoscutul retailer britanic de imbracaminte si produse alimentare, au afirmat ieri ca sunt "multumiti" de performantele din primul trimestru al anului, van...
Subaru and Daewoo up Radacini sales
Radacini group posted over 300bn ROL ($9m) sales in the first five months this year, 40% higher than in the year-ago period. "The increase posted so far will remain constant throughout the y...