COMPANIES
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Stock Market In 2011: BET Index Down, Traded Volume Up Because Of Fondul Proprietatea
Bucharest Stock Exchange saw its third year of decline in history in 2011, as the main market index, BET, lost 17.7% of its value compared with the end of 2010. It had previously gone down i...
Most “Inexpensive” Stocks On Bucharest Bourse
The start of the year is a time when investors usually arrange their portfolios, trying to find and buy those stocks that are best positioned for growth over that year.
Orange, Vodafone Have 30 Days To Pay Romanian GSM License Extension Fee
The Romanian Government decided mobile operators Orange and Vodafone have a month to transfer EUR6.4 million each to the state budget, or authorities’ decision to extend their GSM licenses,...
Romanian State Companies To Transfer 85% Of Profit To State Budget
The Romanian Government approved a memorandum whereby state companies will transfer 85% of their profit to the state budget, Finance Minister Gheorghe Ialomitianu said Tuesday evening.
State Companies Might Be Again Forced To Transfer 90% Of Profit To State Budget
The Romanian Government wants to force state companies and autonomous departments again to transfer 90% of their profit to the state budget, people close to the matter told MEDIAFAX Thursday...
Number Of Romanian Insolvencies Higher In November
The number of companies going insolvent in Romania in November increased by 15% on the month, to 2,062 from 1,783 in the previous month, according to trade registry data.
Stock Market's 2011 Performance Disappointed Investors
The performance of the capital market disappointed investors who bought shares early this year expecting a rebound of the Romanian economy and an increase in the interest for the local marke...
Boc Calls For Investigations At State-Owned Companies Which Asked For More Money
Romanian Prime Minister Emil Boc on Wednesday called on ministers to analyze the activity of managers at companies under the authority of the Transport and Economy ministries, following seve...
Romania’s Top Four Insurers Are Worth Merely EUR630M
Astra, Allianz-Tiriac, Omniasig and Groupama – the top four insurers on the Romanian market – are worth about EUR630 million together, according to the "Top 100 most valuable companies in Ro...