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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
ZF English

Daewoo to sell 28,000 cars

After having reported record sales almost every month this year, domestic carmaker Daewoo Automobile has even bigger plans for 2004. The Craiova-based plant will focus both on the Romanian m...

Ziarul Financiar · 04.12.2003 · 00:00 · 1 min
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Compa Sibiu profit down to half

Automotive components maker Compa Sibiu will end the year with 14.6bn ROL net profit, down more than 51% from the initial estimate in the S&R budget endorsed in late April, which had set 30b...

Ziarul Financiar · 04.12.2003 · 00:00 · 1 min
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ROL might lose 5-6% to currency basket next year

The depreciation of the national currency against the currency basket comprised of euros and dollars 75/25 could be of 5-6% next year, which means that considering a 9% inflation, the real a...

Ionela Nuta · 04.12.2003 · 00:00 · 2 min
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Aerostar expects profit to stay put

Aerospace and defence company Aerostar Bacau intends to make the same profit next year as it estimates to log in 2003, 63.13bn ROL, as highlighted in its S&R Budget. Next year's projected in...

Vlad Nicolaescu · 03.12.2003 · 00:00 · 2 min
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Antibiotice starts exporting to Brazil

Drugmaker Antibiotice Iasi targets approximately 14% higher sales for next year ($42 million), following the rise in exports and the new product releases on the domestic market. "We will see...

Ziarul Financiar · 03.12.2003 · 00:00 · 1 min
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Retail chains dispute central bank measures set to contain consumer lending

The Romanians dream of buying TV sets, refrigerators and washing machines with no guarantors or down payments needed. However, these dreams may never come true, if the measures discussed at...

Ionut Bonoiu · 02.12.2003 · 00:00 · 3 min
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Citibank turns to natural persons

Almost seven years since its Romanian debut, US group Citibank is taking another step forward: the bank will increasingly focus on the retail market, namely on financing for natural persons....

Ionela Nuta · 02.12.2003 · 00:00 · 1 min
ZF English

Liebrecht & Wood to invest 35m euros

Belgian construction project developer Liebrecht & Wood will begin running its second major project on the Romanian market next spring. With its 90,000 sqm storage space and 5,000 sqm office...

Ziarul Financiar · 02.12.2003 · 00:00 · 1 min