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More than $50m in RFF revenues
The Romanian Football Federation (RFF) made $50.059 million in total revenues (ROL and foreign currency) throughout 1990-2002, according to a RFF report on its financial resources and how th...
No more than 4.5% for three-year USD-denominadet bonds
About three quarters of the three-year dollar-denominated bonds released by the Finance Ministry on Wednesday remained unsold because many banks bid unacceptable yields as far as the State w...
More options than just banks and dollars
Even if you were not the lucky winner, you can at least suppose that the one who actually won $1.5 million at the "6 out of 49" lottery game needs investment advice. What could be the most p...
T-bills better than shares
Following its quasi-failure to gain money out of Romanian listed shares, one of the foreign investment funds active on the Bucharest Stock Exchange and RASDAQ has recovered part of its initi...
More than 1,000 clients for PCNET voice services
A number of 1,063 clients used PCNET Voice cards during the first five days of the year in order to make international calls from fixed phones or from PCs, Mihai Batraneanu, PCNET Data Netwo...
ABB gets $30m less than expected
Swiss-Swedish group ABB will register only $65-$70 million in orders on the Romanian market this year, down from the $78 million logged in 2001 and the $100 million forecast for 2002."We can...
SIF lower than BET
Although top performers this year, the shares of the financial investment companies (SIF) seem determined to outrun the other shares listed on the Stock Exchange in terms of decline, as well...
Jimbolia's yellow clay brings Germans back after more than a century
The yellow and blue clay around Jimbolia town has been drawing businessmen ever since 1876. This is when a German citizen, whom people remember only by the name of Bohn, built a ceramics pla...
Romanians would rather play pool than build pools
To some people, the fact that 100 swimming pools are built every year in a country so poor may seem a tragic irony. Others, though, might see it as a sign of the long awaited normality. Unli...