keeps
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SIF Banat-Crisana keeps up with inflation
Financial Investment Company (SIF) Banat-Crisana reported preliminary net profit worth 344 billion ROL ($10.3 million) for 2003, up 27bn ROL from the result recorded for the same period, but...
Business keeps Mates away
An International Monetary Fund (IMF) delegation led by chief-negotiator Neven Mates, which was expected to arrive on Sunday in Bucharest, was postponed by a week, according to the latest inf...
Finance Ministry keeps purse strings tight
The general consolidated budget deficit had come to total 14,670bn ROL in the first 11 months of last year, accounting for 0.8% of GDP and for about half of the deficit in the same time in 2...
Business keeps constant for St. Gobain
Saint Gobain Sticla Romania, a domestic subsidiary of French construction supplies group Saint Gobain estimates to have made approximately 800,000 euro turnover last year, its representative...
Travel agencies say Tarom keeps fees
National airline Tarom has decided to keep the current 7% fee deducted by travel agencies for selling tickets for its flights as it is, at least until the end of 2004, the representatives of...
Budget deficit keeps at 0.7% of GDP
The budget deficit had come to account for 0.7% of GDP at the end of October, the same as in late September, yet down to about half the level in the first ten months of last year, Finance Mi...
Finance Ministry keeps promise, announces 3% social security contribution cut
The social security contributions (CAS), the millstone of the Romanian taxation system, will go down by three percent to 49.5%, as of next year. The decrease solely concerns employers, which...
Carpatica keeps growth targets
Commercial bank Carpatica posted 71.5bn ROL (some 1.8m euros) net profit in the first eight months of 2003, while the bank's assets amounted to 2,300bn ROL.Four months before yearend, the ba...
Foreign debt keeps low profile
Romania still has the lowest foreign debt level in the entire region, as the medium- and long-term foreign debt totalled 13.9 billion euros at the end of May, down 3.8% since December 2002....