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30% gain in 7 weeks. No, it's not the lottery

The investors on the Bucharest Stock Exchange (BSE) are, without having won the Lottery, some of the happiest Romanians around, as, after the trading sessions this week, the market sees 30%...

Laurentiu Ispir · 20.02.2004 · 00:00 · 2 min
ZF English

Top two cable TV operators split the fourth

The fourth player on the cable TV market, FX Communications, formerly known as RomSat, will undergo a change of American shareholder soon. The Competition Council has recently agreed to the...

Victor Kapra · 18.02.2004 · 00:00 · 2 min
ZF English

Astra refinery in the red

Ploiesti-based refinery Astra Romana posted gross loss of 244bn ROL ($7.4m) last year, whereas profit maintained the past three years' downward trend. Astra reported net profit of just 3bn R...

Ziarul Financiar · 13.02.2004 · 00:00 · 1 min
ZF English

What is the right price of Brasov-Bors motorway?

The budget allocated for the Brasov-Bors motorway, a contract directly awarded to US-based Bechtel is 2.242bn euros, VAT not included, US Embassy sources say. Thus, the costs for building on...

Adrian Mirsanu · 13.02.2004 · 00:00 · 2 min
ZF English

Political advertising, between politicians' interests and the law

The representatives of the main TV stations in Romania, the National Broadcasting Council (CNA) and the representatives of the civil society are against the proposition of the parliamentary...

Bucur Irinel · 11.02.2004 · 00:00 · 2 min
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Companies going by the calendar this year

The Bucharest Stock Exchange (BSE) has come closer to the Western capital markets, at least when it comes to how the corporate filings are treated. The BSE management instructed the listed c...

Ziarul Financiar · 04.02.2004 · 00:00 · 1 min
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Petrotel Refinery, the key to Lukoil expansion in Central and Eastern Europe

Lukoil, one of the world's biggest oil corporations, is relying on the Petrotel Ploiesti refinery to cover the fuel distribution markets in Romania, Hungary and the Republic of Moldova, as p...

Adrian Mirsanu · 03.02.2004 · 00:00 · 2 min
Media & Advertising

McCann/Creative Services si D'Arcy in The Gunn Report 2003

McCann/Creative Services si D'Arcy au fost incluse in Topul 100 realizat de prestigioasa publicatie "The Gunn Report". Revista a plasat spoturile TV "Cri, Cri" produs pentru Connex, respecti...

Mihaela Ivan · 23.01.2004 · 00:00 · 2 min
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Inflation defeats 50% of the mutual funds

Only nine out of the nineteen mutual funds to have been operational throughout the entire last year managed to offer their investors a yield good enough to at least cover the 14.1% inflation...

Ziarul Financiar · 22.01.2004 · 00:00 · 1 min