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Syndicate to raise cash for CET
The syndicate comprising Deutsche Bank, Banc Post and EFG-Telsis Fin was chosen to broker the $120 million loans aimed at 22 electrical heating stations (CET) in Romania, Mediafax reports. T...
BCR Asigurari to cash 13m euros
Insurer BCR Asigurari, held by the financial group Romanian Commercial Bank (BCR), estimates premiums worth over 500bn ROL (12.8m euros) for the entire year 2003, having cashed 423.9bn ROL b...
Cash dispenser reconditioning, a good business
The increase in the potential of the card market, which had been anticipated as early as last year, provides new business opportunities for those who develop parallel businesses, as well. Th...
Plastic gaining ground against cash
Increasingly more people are using cards to pay for their groceries: 12% of payments were made with plastic at Carrefour in the first six months of 2003, up from 8% in 2002 and only 4% in 20...
Polonezii la Amep: investim cash, facem profit
Compania poloneza Pol Am Pack, actionarul majoritar al producatorului de ambalaje Amep American Packaging SA Tecuci, intentioneaza sa continue programul de investitii si sa contribuie cu fin...
EBRD cash for Wienerberger bricks
The European Bank for Reconstruction and Development (EBRD) will fund part of Austria-based Wienerberger Company's project to build a brick factory in Romania, following a greenfield investm...
Finance Ministry and NBR compete over cash
No more than 18.25%. This is exactly how much both the Finance Ministry and the National Bank of Romania (NBR) are willing to pay on government securities, and one-month deposits respectivel...
Austrians come up with cash for Unita
Insurer Unita, held by Austrian group Wiener Staedtische has increased its share capital by the equivalent of six million euros to 394.08bn ROL (10.6 million euros).#leadend# "Unita therefor...
Milestone in search of cash for Romanian market
American financial group Milestone Merchant Partners, which manages the Romania and Moldova Direct Fund (RMDF) investment fund is planning to raise $50 million for a new regional fund aimed...