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Cement market rebound in the second half of the year
The market will see an increase of around 8% this year in terms of volume, boosted by reconstruction works following the floods. The prognosis for 2006 stands at around 3-5%. Last year, the...
New accounting rules for groups of firm
Groups of firms may be exempted, starting next year, from the obligation to draw up consolidated financial statements, if they have a total turnover worth less than 35 million euros and have...
BenQ and Siemens claim 17% of mobile phone market
BenQ Mobile representatives in Romania say the merger has driven the new company to the second place on the domestic market. The Taiwanese manufacturer of digital equipment BenQ, which bough...
Prices of auto liability insurance policies go up 33%
Prices for the mandatory auto liability policy, which used to be fixed, now greatly vary from one insurer to another. Where to buy an RCA (auto liability insurance) policy for 2006? Many dri...
ALD sees potential of operational leasing
The general manager of ALD Automotive Romania is firmly banking on demand for fleet rentals under an operational leasing regime. ALD Automotive, the unit specialising in operational leasing...
The biggest transactions of the last five years: revealed
In recent years, 7.2bn euros have been sold in Romanian companies. Foreigners bought the vast majority, with purchases by Romanians totalling just 100m euros. Transactions make the headlines...
Firms attracted by the benefits of sale & lease back
As the size of stores and car showrooms emerging on the Romanian market is expanding, the funds demanded by these investments have sparked a search for more advantageous financing methods. S...
Will Romania be spared a winter of discontent?
This week marks 15 years since British Prime Minister Margaret Thatcher was forced out of office by her own party, the Conservatives, and sent into premature retirement. It is of course a co...
Number of bankruptcies doubles
The number of bankruptcies in the Romanian economy has doubled in the first half of this year compared with the corresponding period of 2004, a survey by Coface Intercredit company, speciali...