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Daewoo Romania braces for debt-shedding
The Korean representatives of Daewoo Automobile Romania and the officials of the Privatisation Authority have reached an agreement over the beginning of negotiations with Daewoo Motor Korea'...
Alpha Insurance aims for $1.5m turnover
Alpha Insurance Romania estimates to collect $1.5 million in gross premiums (turnover) next year, from the sale of group insurance and goods insurance policies, general manager Gerasimos Gaz...
Isarescu picks "lucky" number for inflation forecasts
The National Bank of Romania (NBR) Governor, Mugur Isarescu, is hoping next year's inflation level will not exceed 13%, although the 2003 budget draft estimates a 14% level. The Governor als...
Bucharest is bracing for change
Early elections, shrinking electoral capital for the extremist parties, image gain for the ruling party. All these are but some of the consequences of Romania's NATO accession, as seen by th...
Global Finance to raise $20m for medium-sized business
Greek company Global Finance will raise 20-25 million dollars in cash for medium-sized businesses in Romania and Bulgaria by yearend, Ladislau Randjak, Global Finance general manager for Rom...
Soros has got money for Romania, too
SEE investment fund Soros Investment Capital is planning to enter the Romanian market soon, having already set aside some $5 to $30 million, Gavin Ryan, executive manager of Soros Investment...
Good prospects for regional energy exchange in Bucharest
The Romanian authorities have enlisted Bulgaria's support for basing the regional energy market in Bucharest, given that other Balkan states are competing to host this exchange. Basing the E...
National Securities Commission under fire for market overregulation
The conflict between the majority and the minority shareholders has again landed on the table of the National Securities Commission (CNVM), which must tilt the balance one side or the other....
Shareholders looking for reconciliation
The problems between the majority and minority shareholders, related to the manner of releasing public purchasing offers in view of turning a certain company into a closed one, have to be so...