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Orange Romania posts 34% first half growth
The arrival of new players following the deregulation of the domestic communications market as of January 1, 2003 was expected to also lead to a division of the money the consumers were will...
First time on domestic market, AND takes syndicated loan from Romanian banks
A first time for the Romanian financial market: a company, even if state-owned, manages to get a syndicated ROL-denominated loan from Romanian banks instead of getting it in foreign currency...
BCR sees 23% first half profit decline
The slump in profit margins prompted by fiercer competition, higher expenses on provisions for the default risk from borrowers and larger investments. All these have led to a serious drop in...
Banca Transilvania posts lower first half profit
Banca Transilvania posted 236.35bn ROL gross profit in the first half this year, down 6.6% in nominal terms compared with the same time in 2002. The actual decline - that is if considering t...
New home on Primaverii Blvd? Take an old one down first!
The traditional residential areas in Bucharest, such as Aviatorilor, Primaverii, Dorobanti or Floreasca have run out of land, given that they have always been the top choice for those lookin...
Solenza, first Dacia that ships with CD player
Romanian carmaker Automobile Dacia, held by French group Renault, at the end of last week launched the Dacia Solenza model, set to replace the best-selling car in Romania, Dacia Supernova. A...
Romanian carmaker launches first Dacia a la francaise
During Dacia's long history, more than just a few buyers found the backseat covered in snow, after the first snow of the year. No window was broken and no door was open.This made the car's p...
First casualties of cigarette war
The effects of the price war on the Romanian tobacco market have started to show. British American Tobacco (BAT) Romania, one of the top ten companies on this market concluded last year with...
National Bank of Romania says reform first, credits next
The Romanian economy needs credits to develop, while PM Adrian Nastase requested NBR to cut interests as to match the inflation decline in order to allow as many companies and individuals as...