below
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ING pushes interest rate below 7%
ING Bank cut half a percentage point from the interest rate of mortgage credits in euros, bringing it to 6.75% a year. The move comes at a time when drops in the interest rate seemed to be a...
Bramac imports drop below 10% after plant opening
The representatives of Bramac, the Austrian producer of concrete tiles, for this year project a growth in turnover by 25% to 10 million euros. Bramac Sisteme de Invelitori, the domestic bran...
Inflation below 1%
Inflation below 1%
Foreign investment below target
The Romanian authorities have failed to meet the foreign investment target set in the governing programme last year - $1.8 billion. Although the chairman of the Romanian Agency for Foreign I...
Cement market below expectations
The Romanian cement market will grow 3% this year, according to Mihai Rohan, general manager of Carpatcement (the local branch of German construction materials group HeidelbergCement) and ch...
Imsat sales 75% up, profit below estimates
A several million dollar contract with General Electric, the modernisation of the signalling system on the Bucharest-Brasov railroad section and the retooling of a Lafarge cement factory in...
SIF Moldova below expectations
Four of the five financial investment companies (SIF) have exceeded the S&R budget profit estimates for 2002. The fifth, that is SIF Moldova, posted 210bn ROL in full-year net profit, which...
Paralela 45, 25% below estimates
Paralela 45 travel agency last year posted some $7.5 million turnover, up nearly 25% compared with the 2001 turnover, but still 25% below the initial estimates, Alin Burcea, the company's ow...
Car sales pick up, yet below estimates
New vehicle sales have gone up more than 21% in the first ten months of the year, compared with the same time in 2001, reaching 90,695 units. The figures are much below the estimates release...