Top Companies On Stock Market Have Cash Reserves Of Over EUR900M

12.05.2011 By Adrian Cojocar

The sovereign debt crisis caught the most important 50 companies on the Bucharest Stock Exchange with cash reserves that stood at 4 billion lei (EUR910 million) on September 30. Their short-term debt, however, was 2.6 times higher than the receivables they had to collect at that time on the average.

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Keywords:
RESERVES
, CASH
, STOCK MARKET