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Raiffeisen Leasing, 20m euro contracts in six months
Raiffeisen Leasing, Raiffeisen Bank's leasing arm, estimates to have concluded about 20 million euro contracts during the first six months of the year. "At the moment, vehicles account for t...
Half-year profits in five months for SIF
Four of the financial investment companies (SIF) posted five-month profits far higher than of half of the full-year estimates in their S&R budgets. The fifth of them, SIF Moldova, lagged beh...
Dell in Romania? Count 12-24 more months
Dell Computer, the world's number one PC maker will indeed come to Romania, albeit not to open a factory here, as rumour had it until not so long ago, but to sell computers, analysts on the...
AVAB collects $17m in three months
Banking Assets Resolution Authority (AVAB) collected nearly 600bn ROL (about $17 million) in Q1 this year, 56% more than scheduled. Under the circumstances, AVAB collected 9,369.08bn ROL ($3...
Interest rates for deposits likely to stay put in the next months
Perhaps some of the most frequently asked questions by those who chose the domestic currency for their banking deposits are: How will rates evolve? Will they keep dropping? Will they stay pu...
AVAB grosses $15m in three months
The Banking Assets Resolution Authority (AVAB) grossed 500bn ROL ($15 million) in the first three months of this year. The Authority has therefore made 9,300bn ROL ($340 million) in total re...
Alternative to RomTelecom in two months
The first commercial offers for the inter-county and local calls are likely to be launched in April or May, as soon as the telecom operators close internetworking deals with RomTelecom, Alex...
GSK Romania grows 20% in nine months
British pharmaceutical group GlaxoSmithKline (GSK) Romania, leader of the local market, logged $76m turnover in the first nine months of 2002, up 20.6% as compared to the year-ago period. Th...
CEC profit exceeds ROL954bn after 11 months
Savings Bank (CEC) in the first eleven months of the year posted gross profits standing at 954.5 billion lei, more than double the profit registered over the entire last year, when it amount...