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Capital market prices play by the rules

The enforcement of the new regulations drafted by the National Securities Commission (CNVM) on tender offers will mean that anyone wishing to buy stakes during a tender offer will no longer...

Vlad Nicolaescu · 09.07.2003 · 00:00 · 2 min
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European officials and market economy

The European officials do not see eye to eye on Romania's getting the functional market economy status from the EU. While the new Italian ambassador in Romania, Stefano Ronca, is optimistic...

Ziarul Financiar · 08.07.2003 · 00:00 · 1 min
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Foreign investment boost doubles insurance market

The insurance market amounted to $498 million last year, according to the report of the Insurance Supervision Commission (CSA) released on Tuesday. CSA this way put an end to all the specula...

Ziarul Financiar · 03.07.2003 · 00:00 · 1 min
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Surprise deal on banking market, BPI sells 17% in Banc Post to Eurobank

Surprise deal on the banking market. Banco Portugues de Investimento (BPI) suddenly decided to withdraw from the Romanian banking system and sold its 17% stake in Banc Post. The buyer is non...

Ionela Nuta · 03.07.2003 · 00:00 · 1 min
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New player drawn to leasing market

Greek Egnatia Bank Group, shyly operating on the Romanian banking market for three years now, has decided to try its hand at the leasing market by establishing a company in this regard. This...

Ziarul Financiar · 02.07.2003 · 00:00 · 1 min
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Newly-released solvency levels stir confusion on insurance market

The Insurance Supervision Commission (CSA) yesterday submitted to Parliament the 2002 Report on the insurance market. This is the first report where CSA presents the solvency level of the in...

Ziarul Financiar · 01.07.2003 · 00:00 · 2 min
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CNVM to monitor stock market transactions online

The transactions on the capital market will be monitored by the National Securities Commission (CNVM) via a computer programme most likely as of this September. "We've already run some tests...

Ziarul Financiar · 30.06.2003 · 00:00 · 1 min
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Person-to-person sales market: $100m

The direct sales market in Romania reached about $100 million last year, and is outpacing traditional trade, the chairman of the Association of Direct Sales Companies in Romania (ACVD), Srdj...

Ziarul Financiar · 30.06.2003 · 00:00 · 1 min
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Refrigerating equipment market set to grow

The refrigerating equipment market will see a surge this year, due to the development of the supermarket chains, to the hotel investments, as well as to the construction of new business cent...

Ziarul Financiar · 27.06.2003 · 00:00 · 1 min