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Four instead of five on slow-growing market
The Romanian market of professional services - audit, tax and business consulting, disputed by the offices of the top four players in this field - PricewaterhouseCoopers (PwC), KPMG, Ernst&Y...
RomTelecom stake listed on BSE in 2004
A stake in telecommunications operator RomTelecom will be listed on the Bucharest Stock Exchange in mid 2004, OTE International chairman George Skarpelis said on Friday, without providing de...
Arrearage tightens grip on Romgaz
The natural gases sector, authoritatively ruled by the state-owned companies, is losing the battle against arrearage and lack of cash. These two problems, a common denominator for all the co...
Integration and globalisation according to Romania: the state must go on
The average salary in Romania is just a quarter of the Hungarian or Czech wages and a tenth of what the EU member states are paying. Corruption is chasing investors away. Taxation and bureau...
Don't start working on those accounting books just yet! New tax law changes in store
It looks like the Romanian companies will not see their dream of stable tax legislation come true this year. Only six months after having been enacted, the Profit Tax Law and the VAT Law are...
RomTelecom deal to be signed on Friday
The negotiations between Romanian authorities and officials of the Greek group OTE over the RomTelecom privatisation have been completed; the two parties are prepared to sign the contract on...
USD going up in January? Don't bet on it!
Are you thinking January would make a good time to bet on the dollar? Because the demand for dollars is much higher than in a regular month, as on the one hand, those that badly needed ROL i...
Argus focuses on investments
Argus Constanta, the second-leading player on the Romanian edible oil market will choose to direct its 2002 profit to investments, with only up to 30% of income set aside for dividends, Vasi...
BRD to focus on leasing
Banca Romana pentru Dezvoltare (Romanian Development Bank-BRD)-Groupe SociAétAé GAénAérale will focus on mortgage, leasing and the products and services requested by "the market...