foreign
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Foreign currency in favour again
Lending for companies and individuals did not slow down in October, maintaining a 5.7% monthly growth pace. The real growth in the first ten months of the year was 38.3%, to 276,592bn ROL. A...
NBR Governor demands foreign bankers to keep the money coming
Foreign banks must be persuaded to maintain in 2004 the same financing lines they have been granting to the Romanian economy in the past years, even though the macroeconomic projections do n...
38m euros in three foreign investments
Three companies, i.e. Yazaki (Japan), Faurecia (France) and T&K Design (Turkey), are planning to invest more than 38 million euros in Romania's automotive parts sector and textile industry,...
Foreign investments up
The increase in the Stock Exchange prices over the last few weeks is due to the massive purchases by non-residents, some brokers say, unlike last year when it was the Romanian investors that...
Foreign investments beyond the $10bn frontier
The foreign direct investment (FDI) in Romania has crossed the $10bn threshold, reaching $10.09bn in September, the Romanian Investment Agency (ARIS) says. Although the authorities deem this...
Foreign investors looking for farming land
Large pieces of farming land are increasingly harder to come by in Romania these days, as a result of the higher demand from foreign investors, says Pasquale Calone, EuroMerger Italian consu...
Foreign investors rushing to the Bucharest realty market
The office segment of the real estate market is hot. No sooner had the $30m Europe House deal had been sealed, that both the buyers (the Austrians from Europolis Invest) and the sellers (the...
Hobas Tub, a foreign investment gone bankrupt
Not all the foreign investments turn out to be profitable. Some of them fail. This is the case of Hobas Tub Romania SA, a maker of fibreglass reinforced polyester resin pipes. Hobas Tub was...
Foreign banker in BCR Board
The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC), which have bought 25% in the Romanian Commercial Bank (BCR), will appoint their r...