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ZF English

US dollar's international comeback benefits Romania, lays inflation fears to rest

The ROL/USD exchange rate climbed 4.11% in only one month. The American currency has thus climbed back to the 34,000 ROL level, close to the all-time high (34,359 ROL) posted on April 7. Con...

Razvan Voican · 01.09.2003 · 00:00 · 2 min
ZF English

Connex H1 revenues up 21% in dollars

MobiFon, the leading GSM mobile telephony operator in Romania in terms of customer base and owner of the Connex brand, ended the second quarter with $127.1 million in service revenues, up 23...

Iuliana Butuc Cerchez · 04.08.2003 · 00:00 · 2 min
ZF English

Hundreds of millions of dollars for cleaner tap water

The catastrophic state of the infrastructure for water treatment, purification and supply in Romanian cities has given birth to a huge business, estimated at several hundred million dollars...

Adrian Mirsanu · 02.07.2003 · 00:00 · 2 min
ZF English

Romania likely to earn billions of dollars from fumes

More exactly, the money will come from selling the rights to give off fumes. A surprising business, which can help Romania make money right from those sectors that were deemed as loss-making...

Laurentiu Ispir · 02.06.2003 · 00:00 · 2 min
ZF English

Isarescu: A smart guy would buy dollars now

The gain of the single European currency against the dollar is not making any inflationary impact on Romania yet, as it is balanced by the decline in the oil prices. It could, however, cause...

Razvan Voican · 09.05.2003 · 00:00 · 2 min
ZF English

Romanians find sudden appetite for euros, rush to sell dollars

Was it a mere coincidence? No one can know for sure. But it is certain that, immediately after the National Bank of Romania Governor Mugur Isarescu last week announced the switch to the euro...

Ionela Nuta · 10.02.2003 · 00:00 · 2 min
ZF English

More options than just banks and dollars

Even if you were not the lucky winner, you can at least suppose that the one who actually won $1.5 million at the "6 out of 49" lottery game needs investment advice. What could be the most p...

Laurentiu Ispir · 05.02.2003 · 00:00 · 2 min
ZF English

Dollars for loans, ROL for savings and capital market for the strong-hearted

Last year, Ziarul Financiar advised you to go for foreign currency loans and to keep your savings in ROL. That is exactly what many Romanians did, and this trend may just maintain in 2003, a...

Ionela Nuta · 06.01.2003 · 00:00 · 2 min
ZF English

Bermas makes one million dollars

Beer producer Bermas Suceava recorded nine-month net profit worth 32 billion ROL ($0.97m), up one third in real terms since the year-ago period. Q3 profit amounted to 14.1 billion ROL. Turno...

Ziarul Financiar · 04.12.2002 · 00:00 · 1 min