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Over 2,300 investors on the Sibiu Exchange
The number of investors on the Sibiu Monetary-Financial and Commodities Exchange exceeded 2,300 at the end of January, reaching almost 20% of individual accounts on this exchange, a signific...
Oil Terminal in the red in Q4
Oil Terminal Constanta, the biggest maritime harbour operator saw a net profit of 6.3 million RON (1.73 million euros) last year, 35% more than in 2004. The result reported by the company at...
Nexia, un nou concurent local pentru "The Big Four"
Nexia International, o retea internationala de firme independente de audit contabil si consultanta de afaceri care reuneste 250 de membri in 96 de tari, s-a extins si in Romania. Nexia este...
Otelinox ends 2005 in the red
Special steel producer Otelinox Targoviste, part of the Korean company Samsung''s portfolio, saw losses worth 13.8 million RON (3.8 million euros) in 2005, given a 17% drop in company sales...
Youth, the driving force behind Avon''s business plan
One of the biggest cosmetics distributors in Romania is counting on attracting the youth segment into its ranks when predicting growth of 15-20%. Angela Cretu, 31, runs the Romanian operatio...
Copos: I only offered the champagne
George Copos has dismissed the allegations made by Tehnofrig Cluj, which suggest that the vice-premier was "personally" involved in the transaction whereby his company, Ana Hotels, took over...
Dwindling interest in the RASDAQ
Investor interest in the RASDAQ Electronic Market has been dwindling over the last few months, once a series of issuers were transferred to the Stock Exchange, while others simply faded into...
Possible new agreement with the IMF
Romania could resume negotiations with the International Monetary Fund on the stand-by agreement, if the IMF, after considering the results of the macroeconomic consultations, thinks a succe...
Online commerce, the latest weapon on the travel agency market
Cristian Balcescu, chairman of the travel agency CMB Travel, is counting on working with customers online this year. "We''ve opted for the online business formula this year and this is a fin...