causes
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RON decline causes Farmexim to lose 5.5m euros
Farmexim drug distributor, with annual turnover worth 150 million euros, says it registered losses of 5.5m euros in the wake of RON depreciation, a process that started at the middle of last year. "The recalculation of foreign currency debts to third parties t...
RON depreciation causes Artrom losses
Slatina-based Artrom (ART) pipe producer logged financial losses worth around 7.8m euros (25.4m RON) in the third quarter of this year, after the RON declined against the euro and the dollar...
Drought causes tens of millions of euros in losses
The big agricultural cultivators will see tens of millions of euros in losses caused by this year's drought, which has affected more than half of the cultivated areas and particularly wheat...
Stock market tsunami causes 1 billion-euro losses in Bucharest
The shockwave generated by the 10% drop of the Chinese capital market in one day, caused over one billion euros from the accounts of the shareholders of the companies listed on the Bucharest...
Cold weather causes Apicom business to shrink 3%
Cold weather causes Apicom business to shrink 3%
Drop in transfers causes 120% surge in current account deficit
Romania''s current account deficit widened to EUR 627 million in February 2006, causing it to reach EUR 1.018 billion in the first two months of 2006, up 80% from EUR 564 million in the firs...
Petromidia panic causes Bucharest Stock Exchange nosedive to year low
Petromidia shares resumed trading yesterday 13% down after the suspension of trading that followed the detention of Dinu Patriciu, Rompetrol''s main shareholder, by prosecutors and their att...
Graduate engineer shortage causes problem on Romanian labour market
Graduate engineer shortage causes problem on Romanian labour market
Petrom privatisation price causes despondency among capital market investors
Petrom privatisation price causes despondency among capital market investors