Articolele autorului Andrei Cîrchelan
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Three Quarters Of Romanians Avoid Interacting With Banks - Poll
A poll conducted by Romanian surveyor IRES revealed that 76% of Romanians would prefer to stay away from banks, while less than half of bank clients trust the lenders. citeşte tot
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Romanian Trade Registry: No Of Insolvencies Sharply Down In Jan
The number of Romanian companies dubbed insolvent in January dropped to 202, compared to a monthly average of 1,500-2,000 registered over the past two years and a half, Trade Registry data showed Wednesday. citeşte tot
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Romanian Rompetrol Ups Fuel Prices By Up To RON0.07/Liter
Romanian oil company Rompetrol on Wednesday increased the pump prices of gasoline by 0.02 lei (EUR1=RON4.2584) per liter, while diesel fuel prices rose by RON0.07 per liter. citeşte tot
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Oxford Economics Revises Up Romania's 2011 GDP Growth To +0.1%
Oxford Economics revised its forecast for Romania’s economic growth in 2011 from a negative 1% to a “marginal” increase of 0.1%, but warned that the main growth catalyst, the exports, is also a vulnerability. citeşte tot
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Romanian Proprietatea Fund Could Pay RON0.0156 Dividend
Romanian investment fund Fondul Proprietatea (FP.RO) could pay a gross dividend of 0.0156 lei per share (EUR1=RON4.2584) from last year’s profit, much lower than the one paid a year earlier, according to a memo sent Wednesday to the Bucharest bourse. citeşte tot
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Colliers: Romanian Land Prices To Stay Within Ranges
Romanian land prices should not decrease greatly in the near future, and adjustments should fit within negotiation margins, real estate consultancy firm Colliers said Monday. citeşte tot
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Romanian Housing Price Should Drop Until 2H 2011 - Evaluators
Romanian housing prices will continue to decrease slightly in the first half of the year and will stabilize in the second half, according to evaluation firm Darian. citeşte tot
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Romania To Decide By July 31 On The Companies To Be Privatized
Romanian state-owned companies with losses will be divided in three categories, namely those to be restructured, those to be privatized and those to be liquidated, said Romanian Prime Minister Emil Boc at the completion of negotiations with the International Monetary Fund. citeşte tot
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Romania To Deregulate Electricity, Natural Gas Markets By 2015
Romanian Prime Minister Emil Boc said Monday Romania’s electricity and gas prices will go up between 2013 and 2015, since the Government will eliminate regulated prices, in compliance with requests by the International Monetary Fund. citeşte tot
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Romanian Govt “Firmly” Rejects Immediate Gas Price Deregulation
The Romanian Government “firmly” rejects the liberalization of gas prices at this time, since this is a measure to be implemented gradually, Thursday said Karoly Borbely, secretary of state within the Economy Ministry. citeşte tot
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PwC: Romanian New Employments Down 75% YY In ’09
The rate of new employments in Romanian companies dropped by 75% on the year in 2009, because of the economic crisis, while dismissals septupled, according to a survey by consultancy firm PricewaterhouseCoopers. citeşte tot
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Romania Likely To Keep Household Electricity Prices Unchanged In ’11
Romania’s household electricity prices might remain at 2010 levels this year, since energy regulator ANRE sees no reasons for an increase, people close to the matter told MEDIAFAX. citeşte tot
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Romanian PM Calls For Fiscal, Competition Scrutiny On Oil Cos
Fuel resellers cannot blame pump price hikes on the local taxation, Wednesday said Romanian Prime Minister Emil Boc, who called for additional inspections by the tax and competition authorities targeting the oil companies. citeşte tot
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Romanian Govt Chooses Optimization Over Privatization - WB
The Romanian government prefers to boost efficiency in the companies it owns, not privatize them, a World Bank official said Tuesday. citeşte tot
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Romanian Econ Min Rejects Shutdown Option For Valea Jiului Mines
Romanian economy minister Ion Ariton said Monday he would not agree with the shutdown with all Valea Jiului mines, adding he expects management and unions to come up with a long-term development plan. citeşte tot
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Romania To Pay Some EUR300M In IMF Loan Interest This Year
Romania will pay the International Monetary Fund interest worth SDR266 million (EUR300 million), for the loan installments transferred this year. citeşte tot
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Price Fixing Talks Spark Fiscal Probe At Romanian Oil Cos
Romanian fiscal authorities Wednesday started a series of unannounced inspections targeting the pricing algorithms, taxable profits and accounting methods of oil companies, according to Sorin Blejnar, the president of tax authority ANAF. citeşte tot
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Romania Should Watch Over Small, Low-Provisioned Banks - IMF
Romanian authorities should “maintain vigilance” over small banks, which are faced with a rapidly deteriorating loan quality and whose provisions are below the system average, the International Monetary Fund said in an analysis. citeşte tot
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Real Estate Investment In CEE Up 90% YY In 2010, To EUR5B
Real estate investment in Central and Eastern Europe reached EUR5 billion last year, up 90% on 2009, with Romania drawing in 7% of the total, according to property consultants CB Richard Ellis. citeşte tot
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Overnight Deposits At Romania Ctrl Bk Skyrocket In ’10 To RON387.3B
Overnight deposits at Romania’s central bank reached a combined amount of 387.29 billion lei (EUR1=RON4.2580) in 2010, seven times more than in the previous year, which points to an average daily liquidity excess of RON1.06 billion, according to central bank data. citeşte tot
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Romania To List State-Owned Cos Stock In 2H, 2011
The listing of 15% stakes in Romanian state-owned companies Transelectrica (TEL.RO), Transgaz (TGN.RO) and Romgaz, is set for the second half of this year, according to an economy ministry document obtained by MEDIAFAX. citeşte tot
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Rompetrol Talks State Debt With Romanian Authorities
Rompetrol is holding talks with Romania’s Finance Ministry for a solution to the group’s historic state debt, since Romanian and Kazakh presidents Traian Basescu and Nursultan Nazarbayev agreed the issue would be solved amiably, the oil company said in a statement. citeşte tot
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Bucharest Dwelling Prices Deter Clients From Purchase - Coldwell
The price of homes in Bucharest remains high compared to demand expectations, limiting the number of real estate transactions, according to real estate consultancy company Coldwell Banker Affiliates of Romania. citeşte tot
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Romanian Energy Regulator Sees MWh Price At EUR33 By 2017
Romanian energy market regulator ANRE expects the price of electricity to rise buy EUR2.5 per MWh, to EUR33 by 2017, according to authority official Zoltan Nagy-Bege. citeşte tot
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Romanian Hidroelectrica Deputy Replaced Over Politics
The managing board of Romanian hydropower generator Hidroelectrica decided to replace deputy general manager Traian Oprea and keep him on as consultant, people close to the matter told MEDIAFAX. citeşte tot
