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Tarom to keep losing in the long war
Tarom witnessed 11% decline in passenger traffic in Q1, this year, due to the conflict in the Gulf and to the SARS (Severe Acute Respiratory Syndrome). In case the current situation in the a...
Banking rates keep spiraling down, trend expected to endure
Do you remember the 100-120% annual rates offered by the banks for one-month deposits back in 1997? Those days are long gone, with the banks now paying ten times smaller rates. Or, to make i...
Connex plans to keep us talking for $500 million
The major telecom companies in Romania have drawn the line for 2002. Whereas the fixed telephony business came out at a loss, the mobile communications maintained profitable. After Orange, i...
Hypermarket giants keep playing the guessing game
One open for business, two under construction and another one in the planning stage - these are the hypermarkets in Bucharest. Carrefour, leader of European trade and the company behind the...
Siveco Romania to keep growing in 2003
Siveco Romania, a provider of IT integrated enterprise management solutions estimates to end the year with $8.1 million turnover, up nearly 25% since last year. As for 2003, the managers exp...
Population's savings keep going down
Population's savings in the banking system kept going down in September, too, for the second month in a row, both in real terms, if inflation is taken into account (4.6%), and in nominal ter...
Population's savings keep going down
Population's savings keep going down
Alro shares keep knocking down record highs
The shares of Slatina-based aluminium producer Alro are going from one high to another. On Wednesday, they attained the value of 234,000 lei per share, 15% higher than in the previous sessio...
Alro shares keep knocking down record highs
Alro shares keep knocking down record highs