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Inflation lower than anticipated by NBR
The 1.7% increase in consumer prices in the first two months of the year is below the level anticipated by the National Bank of Romania, NBR Governor Mugur Isarescu said. He explained NBR wa...
Romanian architecture market estimated at more than 50 million euros
The Romanian market of architectural services is divided into hundreds of companies, which have now reached a stabilisation stage, mainly triggered by the past years' constant growth of the...
Goodyear's sales better than budgeted
American tyre maker Goodyear last year posted bigger than expected sales on the Romanian market. "Goodyear's turnover in Romania rose 27% last year," Razvan Bosomoiu, marketing director of G...
Sara Merkur slower than inflation in 2003
Sara Merkur concluded 2003 with 97.3bn ROL in insurance premiums subscribed, 12% more than in 2002 in nominal terms, yet failed to outrun inflation that reached 14.1% last year. "The growth...
Why are Bulgarians better rated than Romanians are?
"Yellow card for Romania: Bulgaria's EU membership negotiations are proceeding without any major problems; Bulgaria's EU accession must not be linked to that of Romania." The European Parlia...
Accounts abroad, no sooner than next year
The Romanian individuals will be allowed to open bank accounts abroad without having to seek NBR's approval first as of next year at best. This is one of the last things that need to be done...
Bechtel looking for more than highways
US-based Bechtel does not rule out participation in other infrastructure projects on the Romanian market, after being awarded the $2.5bn contract for designing and building the Brasov-Bors h...
There's more to leasing than just cars
The Romanian leasing market is at a crossroads: auto leasing has peaked, and, in order to build up the business and, implicitly, profits, leasing companies need to tackle more market segment...
BRD market value soars to more than $1bn on Bucharest Stock Exchange
The market value of BRD (Romanian Development Bank) - Groupe Société Générale, Romania's second-largest bank in terms of banking assets, yesterday exceeded the one billion-dollar landmark on...