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Aureola 06 calls the shots on RASDAQ
Cluj-based brokerage firm Aureola 06 is the undisputed leader of the financial investment service companies in terms of traded value on RASDAQ, with transactions worth 2,985bn ROL (about $90...
Dollars for loans, ROL for savings and capital market for the strong-hearted
Last year, Ziarul Financiar advised you to go for foreign currency loans and to keep your savings in ROL. That is exactly what many Romanians did, and this trend may just maintain in 2003, a...
Optimistic outlook for the Stock Exchange
After the sometimes hallucinating increases that were registered in 2002, what more can one ask from the Stock Exchange this year? Nothing as spectacular, but certainly more than the banking...
1 January: fireworks, champagne and many newcomers on the telecom market
Many companies were in for a rough morning last week. The staff came to work, only to notice that all Internet communications had been cut. Consequently, operations came to a halt and the co...
Electrica in the black
National electricity distributor Electrica will conclude this year with 1,500bn ROL (43.4 million euros) in profits, after having posted losses since its establishment three years ago. The 2...
War of the two palaces
The conclusions of the private meeting between Iliescu and Nastase on Tuesday have pushed the tiresome early elections issue aside for the time being, without having settled it once and for...
FDI outstripped by the wages of Romanians working abroad
Foreign direct investment (FDI) was left behind this year by the amounts of money coming from the Romanians working abroad.The capital inflows from current transfers make up for the modest c...
Another American business goes down the drain
It seems Romania is not quite the best place for the major American businesses, yet: the leading propane distributor in the US, UGI Corporation ($2.5bn in annual revenues) and its partners h...
Want to smoke a cigarette? Go out into the street
As of December 21, 2002, company employees are supposed to go out into the streets. Or at least they should get out of their offices, plants or factories, not to protest against some governm...