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Steady 20% growth for Swedish bearings
Rulmenti Suedia, one of the main distributors of the SKF ball bearings brand and of industrial solutions in Romania, estimates a 20% growth pace for its business, comparable...
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Private Pensions Funds Must Have Capital of €1.5 mln
The companies that manage private pension funds must have at the moment of submitting their authorization request a minimum share capital equivalent in lei to the amount of...
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FDI Rise by 93.3% in Jan-May '06
The foreign direct investments for the first five months of 2006 rose by 93.3% y/y, up to EUR 2.9 bn, according to data released by the National Bank ...
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8 mln Bank Cards in Circulation
Almost.8 million bank cards are currently in circulation in Romania, according to figures provided by the National Bank (BNR), according to ING Financial News The increase rate in...
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Online Banking is Growing Fast
Despite the enthusiasm of many Romanians for the Internet, many people retain their suspicion of new ways of doing things ­ especially virtual ones. It is little surprise...
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Phishing Attempt on Card Owners Uncovered
Romanian Softwin company's data security division BitDefender and the IT experts of the Romanian Commercial Bank (BCR) uncovered early on July 18 a phishing attempt - i.e. an...
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Turceni Shares to be Listed
The Ministry of Economy and Trade (MEC) has announced its intention to sell 51% of the social capital of Turceni energy complex to a strategic investor or to...
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Rovinari Power Plant, Profit 89 mln RON in 2005
The Rovinari power plant registered a gross profit of 89 million RON ( almost 24,69 euros) in 2005 to a turnover of 705,65 million RON ( almost 196,01...
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Biodiesel Business in Sibiu
The German MAN Ferrostaal consortium starts the construction of a farm and of a biodiesel plant in the Sibiu county, ACT Media news agency reports.The German investment will...
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RAAN to Buy Energy from Romelectro
The Nuclear company for Nuclear Activities (RAAN) will buy next month electrical energy from Romelectro according to a contract signed on Wednesday at the energy stock market, ACT...
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