ZF English
No government strategy for SME's
The Government has no development strategy for small and medium enterprises (SME) for the period of time between 2000 and 2004, although this sector is an important chapter in the developmen...
Gazprom pushes revenues from delivery monopoly
Russian concern Gazprom requested in a letter addressed to Premier Mugur Isarescu that Romania should no longer import natural gas from the Canadian firm International Regal Petroleum as the...
Sidex Galati posted 44 billion lei profit on the first five months
Gross profit registered by Sidex Galati steel mill on the first five months of this year came to 44 billion lei, of which 15 billion lei were posted in May.The company registered turnover wo...
Price control does not bring along abundance
The statement from the title is well known to any graduate in economic sciences. Price control leads to scarcity. The effect turns into cause. As a result, a limitation (upwards or downwards...
Lindsell persuaded only 0.8% of Asirom shareholders
Cypriot investment fund Lindsell Enterprises Limited managed to acquire, only 97,000 shares of Asirom within the public buying offer opened at the beginning of this week. The company thus bo...
Dog days in Romania and southeastern Europe
The hot weather that has lately affected Romania continues to harm the population as well as impede the well-functioning of transport services and public utilities, while meteorologists warn...
Whose project is the nicest of them all?
The statement made on Tuesday by Romanian chief negotiator for accession to the European Union Aurel Ciobanu-Dordea, that misunderstandings concerning EU money are "probably" triggered by th...
Trade deficit explosion burns like hot weather
The increase posted in May by the foreign trade deficit to about 334 million dollars, which equals its value on the first four months, suddenly drew officials' attention to imports, as defic...
Arrears and national welfare
Over the last ten years, not paying back one's debts has become a tradition in Romania. When somebody has obligations towards the budget, they are called fiscal arrears; when they are relate...