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Christmas beer to boost Tuborg sales by 15%
United Romanian Bereprod Breweries (URBB), a licensed producer of the Tuborg and Carlsberg brands on the Romanian market, forecasts 12-15% higher sales in the last two months of this year in...
NBG to opt for investments if it loses CEC
The National Bank of Greece, one of the most powerful Greek financial groups, says it will organically develop its business on the Romanian market, where it already owns Banca Romaneasca, th...
Zentiva not to up offer for Sicomed
Pharmaceutical company Zentiva has no intention of upping the offer put out on the Bucharest Stock Exchange in order to take over all Sicomed shares, stated Peter Sulc, financial manager wit...
Exports to increase 15% in 2006
The delegate Trade Minister Iuliu Winkler, speaking on Saturday in Deva, stated that debates on the national export strategy had been completed. "This strategy was approved by the Export Com...
Patriciu: Rompetrol group to reach $2.5bn
Rompetrol group, the second biggest player on the oil market, will this year hit turnover worth 2.5 billion dollars, the group''s chairman Dinu Patriciu stated late last week. At this value,...
BRD assets speed past 5 billion euros, net profit up 104% to 124m euros
BRD-Groupe Societe Generale, the second largest bank in the system, overshot the 5 billion-euro mark at the end of the third quarter, due to the increase in consumer lending and to funds bei...
A model to follow from our Roman cousins
A five day break driving around the Tuscan countryside was a welcome break from the hussle and bussle of Bucharest and CME-Pro TV and also a chance to spend more time in one of the great hol...
Dealers invest in RON in response to NBR''s lightning move
One day after deciding to increase the amount of cash raised from the monetary market, the central bank did just that. The NBR absorbed 6.25bn RON (1.7bn euros) through a three-month deposit...
Greeks contribute another 50m euros to Bancpost''s capital
Bancpost, which according to NBR data climbed to fifth place in the bank ranking in terms of assets at the end of September, is starting to prepare for resuming foreign currency lending, giv...