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Better bond rating from CSA
Insurance companies will be allowed to invest up to 60% of their technical reserves in bonds issued by the local public authorities instead of the previous 25%. This is what the Insurance Su...
Managers expect better times
The industry, constructions and retail business will liven up in the next three months due to more orders and contracts, a survey by the National Statistics Institute, which canvassed manage...
Managers see better days ahead
Managers in the main economy sectors - industry, constructions and retail, are optimistic about the companies they run. They anticipate either output growth or higher sales or more orders an...
Current account looking better
Two months through the year the current account deficit in Romania's balance of payments was worth $72 million, more than 50% lower than in the same time of 2002. After last year's performan...
German investors waiting for better laws
The German companies are interested to invest on the Romanian natural gas, energy and tourism markets, Axel Gerlach, state secretary of the German Economy and Labour Ministry said on Wednesd...
IMF: Better, but not enough. See you before Easter
Salary payments made by the state-run companies early in the year seem to have exceeded a level that can be economically justified; the poor financial discipline makes state-run loss-generat...
T-bills better than shares
Following its quasi-failure to gain money out of Romanian listed shares, one of the foreign investment funds active on the Bucharest Stock Exchange and RASDAQ has recovered part of its initi...
RCE could do better
The transactions carried out through the Romanian Commodities Exchange (RCE) this year are estimated to total 6,000bn ROL, twice the 2001 level, the chairman of the institution Mircea Filipo...
Beauty shop fares 50% better
Beauty Shop, a franchise belonging to Greek group Marinopoulos, expects sales worth 5.3 million dollars on the Romanian market, up about 50% since last year, said Giorgios Bethavas, the Gree...