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Impact anticipates 50% rise in profit
Constructor and real estate developer Impact Bucharest expects net profit for 2004 to reach 6.23 million euros if the average ROL/EUR exchange rate stays at 43,000 ROL. Impact's profit would...
Industry and trade revenues on the rise
The companies dealing in industry saw 5% turnover growth in the first eleven months of last year in real terms, compared with the same time in 2002. The data supplied by the National Statist...
IMF worried about rise in NPL
The main risk source for Romanian banks is the credit risk derived from fluctuations of the ROL exchange rate and of the interest rate to which the corporate sector is subjected, as shown in...
Demand for single-use packaging on the rise
The increasing sales of consumer goods and especially of drinks and dairy products and the higher number of fast-food restaurants have boosted the business of the single-use plastic packagin...
Stock market funds on the rise
The increase in the quotes on the Stock Exchange and the collection of part of the due dividends made the funds investing in shares 3%-4% richer in only a couple of weeks. The fund shares ma...
Phoenix mutual fund unlikely to rise from the ashes
Phoenix mutual fund unlikely to rise from the ashes
Phoenix mutual fund unlikely to rise from the ashes
Phoenix mutual fund unlikely to rise from the ashes
Phoenix mutual fund unlikely to rise from the ashes
A year ago, Viorel Catarama took everybody by surprise when he announced the launch of a new mutual fund, named Phoenix. This came four years after the crash of the Mutual Businesspersons Fu...
Microsoft shares rise as investors see value in split
Microsoft Corp. shares rose 5.3 percent as some analysts said a breakup of the world's largest software maker would be good for investors, giving them stakes in two formidable companies. Sha...