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Hidroconstructia sees 10% drop
Hidroconstructia sees 10% drop
FDI posts 67% drop
FDI posts 67% drop
National Bank ties rate drop to inflation cut down to 6%
National Bank ties rate drop to inflation cut down to 6%
Petrom sees first drop in ROL
Petrom sees first drop in ROL
NBR to drop currency basket
NBR to drop currency basket
Romanian imports keep soaring, exports log significant drop
Romanian exports lived up to all the worst expectations in January: with a measly 1.3% growth in euros as compared to January 2003, revenues dropped below last year's monthly average. Long g...
BCR sees slight profit drop
The Romanian Commercial Bank (BCR), the largest bank in the Romanian system, posted net profit of $160 million last year, slightly lower than in 2002, but "in line with the expected value,"...
Government to drop incentives
The incentives and the assistance granted by the State to companies will be completely eliminated, as they are "distortions for the competition," PM Adrian Nastase said yesterday. On the oth...
Profit tax to be calculated annually, 5% drop envisioned for 2005
The Romanian companies have to wait until 2005 to escape the hassle of declaring the profit tax every three months (and even every month in the case of banks). According to the Finance Minis...