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NBR's reserve up to 8 billion euros in October

The over 185 million euros bought from the forex market along with the 135 million euros that came in form of the last two tranches of the stand-by credit from the IMF pushed National Bank o...

Razvan Voican · 06.11.2003 · 00:00 · 2 min
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Finance Ministry needs 300m euros

The Finance Ministry needs 300 million euros as soon as possible to finance the budgetary deficit, which, albeit within 2.7% of GDP, turns out to be impossible to finance completely. Still t...

Ziarul Financiar · 06.11.2003 · 00:00 · 1 min
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Leasing worth 873m euros in nine months

The leasing contracts concluded in the first nine months this year have come to total 873.5 million euros, close to the full-year level in 2002. "Unfortunately, the growth from last year was...

Ionut Bonoiu · 05.11.2003 · 00:00 · 2 min
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Operating income worth 25.4m euros for Banca Tiriac

Banca Tiriac logged 25.4 million euro operating income for the nine months ended September 30, up about 61% from the same time last year, the bank says. The bank did not disclose the net pro...

Ionela Nuta · 31.10.2003 · 00:00 · 2 min
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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...

Ziarul Financiar · 27.10.2003 · 00:00 · 1 min
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UniCredito feeds another 10m euros into Romanian business

The Italians at UniCredito will invest another 10 million euros in their Romanian operations by yearend, as they plan to be among the leading players in the Romanian banking system. The nich...

Ionela Nuta · 27.10.2003 · 00:00 · 2 min
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Banca Transilvania profit drops 24% in euros

Banca Transilvania logged nine-month gross profit worth 379.33bn ROL, down 10% in nominal terms from the results posted in the year-ago period. In euros, gross profit posted an even sharper...

Ionela Nuta · 24.10.2003 · 00:00 · 2 min
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Continental invests 10m euros in hoses

German Continental AG Group will invest 10 million euros in a hose factory in Timisoara. This is the first time the German group actually provides details on the investment. The factory will...

Ziarul Financiar · 14.10.2003 · 00:00 · 1 min
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Softwin bets one million euros on Germany market

Softwin, the Romanian software company known mainly for its BitDefender antivirus programmes, has opened an office in Germany, aiming to get 5% of the local market of antivirus software in s...

Iuliana Butuc Cerchez · 14.10.2003 · 00:00 · 2 min