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Budget starts off on the right foot
The consolidated budget situation shows 10,504.9bn ROL excess for January, following the relatively low spending level in this period, the Finance Ministry says. Revenues amounted to 61,144....
Inflation starts off with all-time low
The annual inflationary rate has gone down to an all-time low in the first month of 2004, reaching 13.9% compared with January 2003. The inflationary pressures maintained this January, even...
$45m CSR debt written off
The Privatisation Authority (APAPS) is preparing an emergency ordinance to have the $45 million debt of Combinatul Siderurgic Resita (Resita Steel and Iron Plant - CSR) struck off, Privatisa...
$1m promotions pay off
Charcuterie producer Caroli estimates sales of 18m euros this year, up 56% from 2002. The increase came after the company invested $1m in promotions. The company reported sales worth 11.5m e...
$1m promotions pay off
Charcuterie producer Caroli estimates sales of 18m euros this year, up 56% from 2002. The increase came after the company invested $1m in promotions. The company reported sales worth 11.5m e...
Justice and truth take off on Sunday
PNL (National Liberal Party) and PD (Democrat Party) on Sunday, after months of negotiations, will sign the co-operation protocol stipulating that they would have joint slates for the legisl...
Emergency governmental mission takes off for Brussels tomorrow
The delay in privatising Banca Comerciala Romana (Romanian Commercial Bank - BCR) and Petrom is now showing. The too high weight of the State in the economy, along with the lack of public ad...
State strikes state-run companies' debts off
The Government has decided to strike off the debts to the state of a number of companies subordinated to the Ministry of Economy and Trade and to the Ministry of Transports, Constructions an...
Retail starts paying off for Raiffeisen
The retail sector and the products developed for this market have started to contribute to Raiffeisen Bank's growth as of this year, whereas in 2002, it was the financing for companies that...