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Why do major foreign players stay away?
The low prices imposed on the market by Romanian companies are trimming down multinationals' hopes of profit. Nestle, the biggest multinational that had an ice cream plant in Romania, last year registered 2.1m-euro losses on this segment and has since decided...
Bucharest needs 1bn-euro investments to stay out of the dark
Bucharest needs investments worth one billion-euros in electricity networks over the coming years in order to cope with rising consumption. The development of the real estate sector, along w...
Isarescu: The euro will stay high this year
The Romanian currency will not be able to regain the ground it lost against the euro this year, so the average exchange rate will register an increase against 2007, considers Mugur Isarescu,...
Why private pension money will mainly stay at home
Domestic market experience, exchange rate volatility and the initially small volumes of capital to be attracted by private pension funds are the three reasons why analysts consider these fun...
Extended Stay Hotels, achizitionat in schimbul a 8 mld. $
Lightstone Group a achizitionat Extended Stay Hotels de la fondul de investitii Blackstone Group in schimbul a 8 miliarde de dolari (6 mld. euro), oferind o dovada in plus ca incetinirea rit...
Big wine names stay away from local market
Big wine names stay away from local market
Will Petrom be able to stay in one piece after sale?
The investors in the race for Petrom are not interested in all the assets of the company as neither are they interested in keeping it in one piece after privatisation, sources involved in SN...
Aerostar expects profit to stay put
Aerospace and defence company Aerostar Bacau intends to make the same profit next year as it estimates to log in 2003, 63.13bn ROL, as highlighted in its S&R Budget. Next year's projected in...
Interest rates for deposits likely to stay put in the next months
Perhaps some of the most frequently asked questions by those who chose the domestic currency for their banking deposits are: How will rates evolve? Will they keep dropping? Will they stay pu...