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CSFB sees end of EU talks in 2005
The analysts of financial giant Credit Suisse First Boston (CSFB) do not believe the Nastase Cabinet will be able to conclude talks with the EU by the general elections. "Even with a strong...
APAPS announces end of talks for 25% in BCR
After a time of silence, the Privatisation Authority (APAPS) on Wednesday announced the conclusion of the talks with EBRD and IFC on completing the transaction for the sale of 25% plus two s...
End of coupon age causes brokers to lose their jobs
The sale of shares distributed for free within the Mass Privatisation Programme (PPM) has been quite a profitable business for most of the brokers on the capital market for several years. Th...
Petrom strategy done by month's end
The Ministry of Economy and Trade (MEC) on Monday announced it would submit SNP Petrom's privatisation strategy to the Government for approval in the next two weeks. The deadline for publish...
End of insolvent companies considered
The Industry Ministry, the Privatisation Authority and the Public Finance Ministry will analyse the situation of the large loss-making companies in the industry, which are or may become inso...
End of a growth cycle or mere fault?
Industrial output in absolute volume fell some 2% in February compared with the same month of last year, the first serious break in the upward trend of this index since 2000.The National Sta...
End of an era: SNP Petrom's Ion Popa steps down
Industry and Resources minister Dan Ioan Popescu yesterday approved the resignation of Ion Popa, who stepped down from his position as general manager of SNP (National Oil Company) Petrom. P...
Unita Turism merger close to an end
The merger of the companies included in the Unita Turism hotel chain will produce an entity with more than $120m in assets and will be finalised in July-August, Marius Pintilie, marketing ma...
Tarom losing streak to end in 2005
The national air carrier Tarom is supposed to become profitable in 2005, after having posted some $27 million losses this year, $6.5 million lower than anticipated, Alexandru Szlivka, genera...