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Economic restructuring has bankers concerned over loan repayment rate

What is the connection between the restructuring of state-owned enterprises and a potential extra worry for the bank managers? The link is very simple to trace: the beginning of state-owned...

Ionela Nuta · 15.10.2003 · 00:00 · 2 min
ZF English

NBR has "mixed feelings" about non-govt. lending

The National Bank of Romania (NBR) has "mixed feelings" about the recent evolution of non-government lending. On the one hand, NBR is concerned about the rather unfavourable impact an unsust...

Ionela Nuta · 07.10.2003 · 00:00 · 2 min
ZF English

BA/CA has the money for Romgaz

Bank Austria Creditanstalt AG, part of the German financial group HVB at the end of last week finished brokering a $60 million syndicated loan for domestic natural gas producer Romgaz Medias...

Ziarul Financiar · 30.09.2003 · 00:00 · 1 min
ZF English

BA/CA has the money for Romgaz

Bank Austria Creditanstalt AG, part of the German financial group HVB at the end of last week finished brokering a $60 million syndicated loan for domestic natural gas producer Romgaz Medias...

Ziarul Financiar · 30.09.2003 · 00:00 · 1 min
ZF English

Domenia Credit has $7m for mortgage loans

The development of the real estate market and implicitly of the mortgage market over the last twelve months, the higher demand for financing, as well as the high potential of this market are...

Ziarul Financiar · 23.09.2003 · 00:00 · 1 min
ZF English

Germany's Continental has big plans for Romania

German company Continental, one of the world's largest automotive groups, has big plans for the Romanian market, under its cost-cutting strategy. Continental, which owns two plants in the Ro...

Ionut Bonoiu · 28.08.2003 · 00:00 · 2 min
ZF English

IMF has some more issues to discuss

IMF's Bucharest office on Monday confirmed the new supplementary letter of intent with the Romanian Government was not finished yet. The fund expects to see "firm steps" to cut losses in the...

Ziarul Financiar · 06.08.2003 · 00:00 · 1 min
ZF English

ARIS has $720m projects

The Romanian Agency for Foreign Investments (ARIS) is monitoring 13 investment projects worth approximately $720 million that will create 10,000 jobs upon completion. "ARIS' activity may mat...

Ziarul Financiar · 24.07.2003 · 00:00 · 1 min
ZF English

Mobile operator Cosmorom has lost the keys to OTE safe

Cosmorom has become even more of a headache for the Greeks at OTE yesterday, when Standard&Poor's said it placed its 'A' long-term corporate credit rating on the Greece-based telecommunicati...

Victor Kapra · 29.05.2003 · 00:00 · 2 min