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Finance Ministry keeps banks away from T-bills
The financial market has lost its benchmarks, few as they were. The three-year T-bill issues have been nothing more than a "formal" instrument for two months now, which the Finance Ministry...
Nistorescu sells stake in Evenimentul Zilei, keeps director position
Cornel Nistorescu sold his stake in Expres Company, which publishes Evenimentul Zilei, to German group Bertelsmann, through its Gruner & Jahr AG division, sources on the media market say. Th...
State keeps golden share in Petrom
Industry Ministry, the majority shareholder of SNP Petrom is planning to keep a golden share after the privatisation of the company. "Our (Industry Ministry's i.e.) presence in the company i...
OTP bids farewell to BCR, keeps eyeing Romanian market
Hungarian bank OTP has accepted the fact that its bid for the privatisation of BCR (Romanian Commercial Bank) will likely be rejected and has already moved on to other potential takeover tar...
Mecanica Ceahlau keeps up the fight
Mecanica Ceahlau keeps up the fight
Mecanica Ceahlau keeps up the fight
Mecanica Ceahlau sprung from Energia, a company set up on July 18, 1921 by university professor Socrat Lalu and some of his friends. The company established and ran a mechanical and electro-...
Nastase keeps Tanasescu
Nastase keeps Tanasescu
Nastase keeps Tanasescu
Three months after the investiture of the Party of Social Democracy (PDSR) Government, the press started running stories about alleged differences regarding the fiscal policy, between PM Adr...