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UniCredit may bring foreign investment funds
Pioneer Asset Management (former CA IB) could start distributing investment funds managed by the parent company, Pioneer Investments in January 2007, if Romania joins the European Union on J...
Deficit growth slows down in May
Deficit growth slows down in May
Radulescu: CEC price may not go below 500m euros
Radulescu: CEC price may not go below 500m euros
Industrial output, at a record high in May
Industrial production soared by 15.7% in May 2006 compared with the same period of last year and by 5.9% in the first five months of this year, marking a record high for the latest period. I...
SIF Banat-Crisana, 18.4m-euro profit in May
SIF Banat-Crisana posted a profit worth 18.4 million euros (64.6 million RON) in May, almost a nine-fold increase compared to profit in the first four months of the year. As a result, the pr...
Carlsrom Beverages may produce Granini juice
Shachar Shaine, chairman of Carlsrom Beverages, the importer of the Granini juices on the Romanian market, says investments in a production facility become profitable at the moment the plant...
Dacia may postpone 130m-euro investments
The domestic carmaker Dacia, says it might put off investments worth 130 million euros aimed at raising production capacities in case Romania was flooded with imports of used cars after acce...
Inflation up less than expected in May
The implementation of the vice tax has caused a rise in excise duties as of May, making cigarettes 9% more expensive, while the price of spirits went up only 0.5%, even though the business o...
State budget revenues up 28% in May
The income tax, the VAT and customs duties are leaders of the ranking of the biggest tax collections to the state budget. Revenues of the general consolidated budget (local budgets not inclu...