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Mugur Isarescu: Reform is hard to do in electoral year
Structural reforms will continue next year, but will proceed much slower, without significant stakes involved, as the government will most likely focus on the electoral year and elections. T...
Erste Bank: Petrom is the key in the region
The takeover of SNP Petrom, the largest company on the Romanian market, is seen as the "key acquisition" for the consolidation of the oil market in the Central and Eastern Europe by the anal...
IMF: There is no room for slippages
The business climate in Romania may substantially deteriorate in 2004, and impact on the economic growth, if the market gets the idea that the Government is unable to cope with the electoral...
IMF: There is no room for slippages
The business climate in Romania may substantially deteriorate in 2004, and impact on the economic growth, if the market gets the idea that the Government is unable to cope with the electoral...
Pringles is back
Five years ago, Procter & Gamble launched a new product in Romania, the Pringles potato chips. After only two years, the US company pulled the product from the market, but the chips are now...
Zapp is looking for another $100 million to expand its business
Telemobil, the operator of the mobile telephony network Zapp, is in advanced talks over getting a foreign funding worth approximately $100 million, which money will be used for network expan...
Banks say 4% interest on euro BILLS is too low
The Finance Ministry did not manage to collect from banks any more than 68.6 million euros - whereas the initial demand amounted to 200 million euros, even though banks oversubscribed the is...
Drought is Termoelectrica's best friend
Drought, the enemy that hit Hidroelectrica and Nuclearelectrica hard, has turned out to be Termoelectrica's surprise ally in the battle to curb losses. The thermoelectric power plants, which...
BSE's rebate season is early
The management of the Bucharest Stock Exchange has agreed on a 10% cut in the trading fees levied on brokerage firms and implicitly on investors. The new fees will therefore amount to 0.225%...