foreign
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Forte tackles foreign markets, mulls floatation
Forte Company, one of the oldest IT system integrators on the Romanian market, sees the domestic information technology market consolidating around the time Romania joins the EU. The company...
Slower foreign trade in November 2003
Romania's trade deficit was about to double in November 2003 form November 2002 to 598 million euros, given that imports had gone up more than 12% in euros and the exports only 0.1%. Exports...
Several foreign investment funds keep buying Banca Transilvania shares
Several investment funds or foreign institutional investors have bought some 10% in Banca Transilvania in the past few months. The efforts made by these investors to increase their stakes in...
Foreign investment below target
The Romanian authorities have failed to meet the foreign investment target set in the governing programme last year - $1.8 billion. Although the chairman of the Romanian Agency for Foreign I...
17m euro wine flows to foreign markets
The exports of Romanian wine to foreign markets amounted to 17.3 million euros in the first ten months of last year, that is 6% of the total agricultural exports of Romania. "We do not have...
Deposits, foreign currency and shares as money magnet
The brokers on the Bucharest Stock Exchange (BSE) expect shares to provide much better yields than banking deposits and government securities in 2004. The prospects look even more promising...
Romanians to be allowed to take any amount of foreign currency out of the country
Several weeks ago, the central dailies wrote that Gigi Becali, owner of the Steaua Football Club, allegedly crossed the border with almost 300,000 euros in cash, aiming to award his players...
Tanasescu says foreign market cheaper
The funding of the budget deficit from foreign sources has reached about 80% this year compared to the initial 50% target, but Finance minister Mihai Tanasescu says the interest in the domes...
BCR to raise $250m from foreign markets
The Romanian Commercial Bank (BCR) is planning to borrow over $250 million next year from the foreign markets, a rather considerable amount for a Romanian bank. BCR officials have appointed...