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NBR Governor demands foreign bankers to keep the money coming

Foreign banks must be persuaded to maintain in 2004 the same financing lines they have been granting to the Romanian economy in the past years, even though the macroeconomic projections do n...

Ionela Nuta · 05.12.2003 · 00:00 · 2 min
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Dacia finally in the black

Romanian carmaker Automobile Dacia has managed to post profit in October, for the first time since French Renault Group bought it in the fall of 1999. "This is the first time in three and a...

Ionut Bonoiu · 05.12.2003 · 00:00 · 1 min
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Erste Bank: Petrom is the key in the region

The takeover of SNP Petrom, the largest company on the Romanian market, is seen as the "key acquisition" for the consolidation of the oil market in the Central and Eastern Europe by the anal...

Adrian Mirsanu · 03.12.2003 · 00:00 · 2 min
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Artima sticks with the West

Artima supermarket chain held by businessman Florentin Banu, the mastermind behind the Joe wafer brand, will see its ninth store open next month. With 15 million-euro sales this year, Banu h...

Ziarul Financiar · 28.11.2003 · 00:00 · 1 min
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Severnav in the red

The losses generated by the payments on interests and by the exchange rate gaps in the first nine months turned the core business-related profit of shipbuilder Severnav Drobeta-Turnu Severin...

Ziarul Financiar · 28.11.2003 · 00:00 · 1 min
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Deficit bigger by the month

The current account deficit of Romania's balance of payments amounted to 1.64bn euro in late September, 61% higher than in the first nine months of last year, the National Bank of Romania (N...

Ziarul Financiar · 27.11.2003 · 00:00 · 1 min
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Istanbul suicide blasts 26, shake the world's stock exchanges markets

Suspected Islamist suicide car bombers killed at least 26 people and wounded more than 450 in Istanbul yesterday, in a strike against Britain that also shook the world's financial markets. T...

Anca Stoicescu · 21.11.2003 · 00:00 · 2 min
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Istanbul suicide blasts 26, shake the world's stock exchanges markets

Suspected Islamist suicide car bombers killed at least 26 people and wounded more than 450 in Istanbul yesterday, in a strike against Britain that also shook the world's financial markets. T...

Anca Stoicescu · 21.11.2003 · 00:00 · 2 min
ZF English

Electroputere in the black

Electrical engine and high voltage equipment maker Electroputere Craiova has managed to move into the black at end of the third quarter this year, after having spent almost three years in th...

Ziarul Financiar · 19.11.2003 · 00:00 · 1 min