needs
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Alum Tulcea needs $20 million
Alum Tulcea's Extraordinary General Meeting of shareholders early next week will analyse a 687bn ROL (approximately $20 million) capital increase in order to provide financing resources for...
Finance Ministry needs 300m euros
The Finance Ministry needs 300 million euros as soon as possible to finance the budgetary deficit, which, albeit within 2.7% of GDP, turns out to be impossible to finance completely. Still t...
Energy sector needs new vision and quality management
The restructuring of the energy sector, Romanian economy's biggest arrears maker is no longer a topic of interest for the Economy and Trade Ministry, the main shareholder of the companies in...
Govt-NBR co-operation needs to improve
The inflationary flare-up in September, when the inflation jumped to 2.1% from the 0.3% all time low in August, is merely reflecting one of the weak links in the co-operation between the cen...
Romanian oil market needs $2.8bn investments
The Romanian oil market needs $2.7-2.8 billion for the next 3-5 years. However, according to Joel Maes, president of the Shell group in Romania, there is one major problem: the industry does...
Energy sector needs privatisation through foreign capital
The privatisation of companies in the electrical power sector is a necessity, as the Romanian authorities feel, yet the process has to be done by attracting foreign capital to support the ma...
Home insurance needs quake to get going
More than a year from the moment it was first launched, boosting the sales of earthquake insurance policies - by either fiscal stimulation, coercion or any other means, is still nothing more...
Fitch: BCR needs strategic investor
The ability of Banca Comerciala Romana (Romanian Commercial Bank - BCR) to compete in the long-term against banks with strong strategic foreign shareholders, and thus greater access to capit...
Energy needs $3bn investments in two years
The Romanian energy system needs approximately $3bn investments throughout 2003-2005, with $2.5 billion needed for electrical power production alone, Industry and Resources minister Dan Ioan...