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US ready to grant financing to Romania
The US Administration will earmark as much as $2.5bn in the next few years, for projects developed by US firms in Southeast Europe and especially Romania, Romanian Public Finance minister Mi...
Florin Georgescu getting ready to head BCR's Supervision Board
Rumours check out: by the end of the month, Florin Georgescu, still a PSD (Social Democrat Party) deputy, and also the party's deputy leader and chairman of the Budget-Finance Committee with...
National Bank ready to put a damper on exchange rate speculations
The National Bank is ready to sell up to 300 million euros on the forex market by yearend, to put a lid on the potential speculative surges of the ROL exchange rate. The first move was made...
Cable TV ready for some rural action
The cable TV industry is getting ready to descend upon rural areas. This could be one of the main conclusions of the Annual Convention of the Cable Communications Association (ACC), which st...
Flanco shareholders are getting ready to leave, negotiate how
Flanco, the largest home appliances retail chain in Romania, might go through a change in owners by the end of the year, as the current shareholders, two investment funds and a Romanian busi...
SIF Moldova getting ready for provisions
SIF Moldova may lose approximately 130bn ROL of its profit by the end of the year, i.e. half the six-month earnings, which might impact on the dividends distributed to its nearly 9 million s...
Active funds ready for merger
The merger of three of the mutual funds managed by Active Management International is about to be completed, following the endorsement of the conversion options for the shares by the Nationa...
Carmaker Dacia ready to storm the market with the 5,000-euro model
Christian Esteve, the general manager of carmaker Dacia, yesterday said the prototype for the new 5,000-euro Dacia model had been completed, both in terms of design and functionally speaking...
Cris-Tim ready for chip implants
Technology has proven it is no longer enough to take your cow out to graze to convince it to yield milk. Charcuterie producer Cris-Tim is willing to do whatever it takes to convince its 400...