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Energi-Co takes to mortgage business

Energi-Co Bucharest will develop a number of real estate projects, which should end in 270 new villas and 140 flats, following an about 30 million euro investment, development manager Valent...

Ziarul Financiar · 25.09.2003 · 00:00 · 1 min
ZF English

ING lends $75m to Tarom

New York-based ING Capital LLC, arm of the Dutch financial group ING, has arranged an export loan worth $75m for national airline Tarom to buy two Boeing 737-700 aircraft by yearend. The acq...

Ziarul Financiar · 25.09.2003 · 00:00 · 1 min
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Scheele: There's more to functional market economy status than checking boxes

The fulfillment of pledges made by the Romanian authorities to the European officials does not automatically trigger the functional market economy status for Romania, the head of the Europea...

Ziarul Financiar · 24.09.2003 · 00:00 · 1 min
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Intrarom moves on to IT

The decline of the world market of telecommunications equipment and the lack of substantial contracts with the new operators that entered the market after January 1st this year again hinder...

Ziarul Financiar · 22.09.2003 · 00:00 · 2 min
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Prodal '94 to sell premium Russian vodka

Spirits producer Prodal '94 will distribute the Stolichnaya and Moscovskaya brands held by the Russian state-owed company FKP Soyuzplodimport on the Romanian market, following an agreement b...

Ziarul Financiar · 22.09.2003 · 00:00 · 1 min
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Bankers reluctant to call sale of 25% in BCR to EBRD and IFC privatisation

The sale of 25% in the largest Romanian bank, Banca Comerciala Romana (Romanian Commercial Bank - BCR) to EBRD and IFC is met with reservations by bankers, as they feel the deal cannot be ca...

Ziarul Financiar · 22.09.2003 · 00:00 · 2 min
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Flanco shareholders are getting ready to leave, negotiate how

Flanco, the largest home appliances retail chain in Romania, might go through a change in owners by the end of the year, as the current shareholders, two investment funds and a Romanian busi...

Ionut Bonoiu · 19.09.2003 · 00:00 · 2 min
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Azomures shareholders, called to come up with $29m

The shares of the chemical fertilisers producer Azomures Targu-Mures rose 28% during yesterday's trading session on the Bucharest Stock Exchange as a result of recently released news of an u...

Vlad Nicolaescu · 19.09.2003 · 00:00 · 2 min
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BR close to changing shareholder

The transaction through which the National Bank of Greece (NBG) is to take over from the Romanian-American Enterprise Fund (RAEF) the majority stake in Banca Romaneasca is about to be finali...

Ziarul Financiar · 19.09.2003 · 00:00 · 1 min