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Early elections, no longer a priority for PSD
The early elections issue seems forgotten for the time being. This process is no longer a "priority" for the ruling party, therefore it will not be included among PSD (Social Democrat Party)...
January 13th lucky for Republica?
The lack of investors interested in taking over the state-held interest in piping maker Republica Bucharest has made the Privatisation Authority (APAPS) extend the bid submission deadline by...
Two suitors for Industria Sarmei
Conares Trading, a Russian capital company registered in Switzerland, and LNM Holdings NV based in the Dutch Antilles have entered the race for the controlling interests in Industria Sarmei...
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...
More than 1,000 clients for PCNET voice services
A number of 1,063 clients used PCNET Voice cards during the first five days of the year in order to make international calls from fixed phones or from PCs, Mihai Batraneanu, PCNET Data Netwo...
Aviva shoots for third place
Life insurer Aviva has set out to win the third place on the Romanian market this year, says Carl Boehr, the company's president.According to estimates, Aviva ranked fourth last year on the...
$1bn for energy and oil
The Ministry of Industry and Resources (MIR) expects the companies it operates to invest about 66,151 billion ROL ($1.7bn) in 2003, according to a report released at the end of last year. Po...
Optimistic outlook for the Stock Exchange
After the sometimes hallucinating increases that were registered in 2002, what more can one ask from the Stock Exchange this year? Nothing as spectacular, but certainly more than the banking...
Five times higher turnover for Congaz
Local natural gas distributor Congaz Constanta is ending 2002 with approximately 240bn ROL (about $7.2 million) in turnover, five times higher than last year, when it logged 42.7bn ROL (appr...