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Insurers to be either solvent or insolvent
Insurance companies will no longer be divided into insolvent, possibly insolvent or solvent, but will simply be classified as solvent or insolvent companies, according to a change in regulat...
Targu-Mures airport to be privatised
The Targu-Mures - Vidrasau International Airport will be privatised in January, with the investor set to take over some of the repairs and development expenses, through a public private part...
Romanians to be allowed to take any amount of foreign currency out of the country
Several weeks ago, the central dailies wrote that Gigi Becali, owner of the Steaua Football Club, allegedly crossed the border with almost 300,000 euros in cash, aiming to award his players...
Sanex to be bought by Lasselsberger
Austrian Lasselsberger Group, one of the most powerful family businesses on the European construction supplies market, aims to acquire the top two makers of ceramic tiles in Romania, Sanex C...
Moody's upgrades Romania's ratings, says a lot remains to be done
Rating agency Moody's Investors Services has upgraded Romania's country ceiling for foreign currency bonds and for foreign currency bank deposits, but recognizes that a lot remains to be don...
Cosmorom fate to be decided soon
RomTelecom shareholders will soon meet to discuss the situation at the company's mobile telephone unit Cosmorom, Communications minister Dan Nica (photo) said yesterday. "We will soon have t...
Cosmorom fate to be decided soon
RomTelecom shareholders will soon meet to discuss the situation at the company's mobile telephone unit Cosmorom, Communications minister Dan Nica (photo) said yesterday. "We will soon have t...
Launch of 1,000,000 ROL bill to be shortly followed by denomination
Three days after the National Bank's announcement about the imminent release of the 1,000,000 ROL bill, Premier Adrian Nastase decided that Parliament would receive the draft law on the dome...
Launch of 1,000,000 ROL bill to be shortly followed by denomination
Three days after the National Bank's announcement about the imminent release of the 1,000,000 ROL bill, Premier Adrian Nastase decided that Parliament would receive the draft law on the dome...