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pndtw0 do\expndtw-2 n\expndtw0 a\expndtw1 t\expndtw-2 o\expndtw0 r\i0 \i c\expn
dtw-1 u\expndtw0 rs:\i0\expndtw1 \i\expndtw0 C\expndtw-2 o\expndtw0 nf.\i0\expn
dtw1 \i\expndtw-2 un\expndtw0 iv.\i0\expndtw1 \i\expndtw0 d\expndtw-1 r\expndt
w0 .\i0 \i Baba\i0\expndtw-2 \i\expndtw0 M\expndtw-1 i\expndtw0 r\expndtw-1 e\
expndtw0 la\i0\cf0\f0\fs24\par\pard\sl-240 \f0\par\pard\sa6\sl-20 \fs2\par\pard\
qj\fi708\ri256\sl326\slmult1 \cf0\charscalex104\fs23 Re\expndtw-2 g\expndtw0 lem
\expndtw-1 e\expndtw0 n\expndtw2 t\expndtw0 \u259?rile\charscalex100\expndtw16
\charscalex104\expndtw0 contabile\charscalex100\expndtw16 \charscalex104\expndt
w0 con\expndtw-1 f\expndtw0 or\expndtw2 m\expndtw0 e\charscalex100\expndtw13 \c
harscalex104\expndtw0 cu\charscalex100\expndtw16 \charscalex104\expndtw0 D\expn
dtw1 i\expndtw0 rect\expndtw1 i\expndtw0 vele\charscalex100\expndtw15 \charscal
ex104\expndtw0 Europe\expndtw1 n\expndtw0 e\charscalex100\expndtw14 \charscalex
104\expndtw0 vi\expndtw2 z\expndtw0 e\expndtw-1 a\expndtw1 z\expndtw0 \u259?\cha
rscalex100\expndtw13 \charscalex104\expndtw0 pri\expndtw3 n\expndtw0 cipii\expn
dtw1 l\expndtw0 e\charscalex100\expndtw13 \charscalex104\expndtw0 contabile\cf0
\charscalex100 \cf0\charscalex104\expndtw-2 g\expndtw-1 e\expndtw2 n\expndtw0 e
\expndtw-1 ra\expndtw2 l\expndtw0 e,\charscalex100\expndtw76 \charscalex104\exp
ndtw2 r\expndtw1 e\expndtw-1 g\expndtw0 uli\expndtw1 l\expndtw0 e\charscalex100\
expndtw76 \charscalex104\expndtw0 de\charscalex100\expndtw78 \charscalex104\ex
pndtw2 e\expndtw0 valua\expndtw-1 r\expndtw0 e\charscalex100\expndtw77 \charsca
lex104\expndtw1 \u351?\expndtw0 i\charscalex100\expndtw77 \charscalex104\expndt
w1 t\expndtw0 r\expndtw-1 a\expndtw0 tam\expndtw-1 e\expndtw0 nte\expndtw2 l\exp
ndtw0 e\charscalex100\expndtw78 \charscalex104\expndtw0 contabile,\charscalex10
0\expndtw76 \charscalex104\expndtw2 re\expndtw-2 g\expndtw0 uli\expndtw1 l\expn
dtw0 e\charscalex100\expndtw76 \charscalex104\expndtw0 de\charscalex100\expndtw
78 \charscalex104\expndtw1 \u238?\expndtw0 nt\expndtw1 o\expndtw0 cmir\expndtw-
1 e\expndtw0 ,\charscalex100\expndtw76 \charscalex104\expndtw0 apro\expndtw1 b\
expndtw0 are\charscalex100\expndtw77 \charscalex104\expndtw0 \u351?i\cf0\charsc
alex100 \cf0\charscalex104 publ\expndtw1 i\expndtw0 c\expndtw-1 ar\expndtw0 e\c
harscalex100\expndtw25 \charscalex104\expndtw0 a\charscalex100\expndtw23 \char
scalex104\expndtw0 s\expndtw1 i\expndtw0 tua\u355?\expndtw1 i\expndtw0 i\expndtw
1 l\expndtw0 or\charscalex100\expndtw23 \charscalex104\expndtw0 fi\expndtw2 n\e
xpndtw0 anci\expndtw-1 a\expndtw1 r\expndtw0 e,\charscalex100\expndtw23 \charsc
alex104\expndtw0 audi\expndtw1 ta\expndtw0 rea\charscalex100\expndtw24 \charsca
lex104\expndtw0 \u351?i\charscalex100\expndtw25 \charscalex104\expndtw0 ver\exp
ndtw2 i\expndtw0 fi\expndtw-1 c\expndtw0 area\charscalex100\expndtw23 \charscal
ex104\expndtw0 si\expndtw1 t\expndtw0 ua\u355?i\expndtw1 i\expndtw0 lor\charscal
ex100\expndtw24 \charscalex104\expndtw0 fina\expndtw1 n\expndtw0 cia\expndtw-1
re\expndtw0 ,\charscalex100\expndtw23 \charscalex104\expndtw1 p\expndtw2 l\expn
dtw0 anul\charscalex100\expndtw24 \charscalex104\expndtw0 de\charscalex100\expn
dtw26 \charscalex104\expndtw0 conturi\cf0\charscalex100 \cf0\charscalex104\exp
ndtw-2 g\expndtw-1 e\expndtw2 n\expndtw0 e\expndtw-1 ra\expndtw0 l,\charscalex10
0\expndtw5 \charscalex104\expndtw0 et\expndtw-1 c\expndtw0 .\cf0\charscalex100\
f0\fs24\par\pard\qj\fi708\ri257\sl326\slmult1 \cf0\charscalex104\expndtw1\f0\fs2
3 P\expndtw0 otriv\expndtw1 i\expndtw0 t\charscalex100\expndtw58 \charscalex104
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ilor\charscalex100\expndtw57 \charscalex104\expndtw0 ordinu\expndtw1 l\expndtw
0 ui\charscalex100\expndtw58 \charscalex104\expndtw0 OMFP\charscalex100\expndtw
57 \charscalex104\expndtw0 nr.\charscalex100\expndtw58 \charscalex104\expndtw0
3055\expndtw-1 /\expndtw0 2009,\charscalex100\expndtw57 \charscalex104\expndtw
0 pe\expndtw-1 r\expndtw0 soan\expndtw-1 e\expndtw0 le\charscalex100\expndtw56
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ndtw57 \charscalex104\expndtw0 c\expndtw-1 ar\expndtw0 e\charscalex100\expndtw5
6 \charscalex104\expndtw1 l\expndtw0 a\charscalex100\expndtw56 \charscalex104\
expndtw0 data\cf0\charscalex100 \cf0\charscalex104 bi\expndtw1 l\expndtw0 an\u3
55?ului\charscalex100\expndtw46 \charscalex104\expndtw0 dep\u259?\u351?\expndtw
-1 e\expndtw0 sc\charscalex100\expndtw44 \charscalex104\expndtw1 l\expndtw0 i\e
xpndtw1 m\expndtw0 i\expndtw-1 te\expndtw0 le\charscalex100\expndtw45 \charscal
ex104\expndtw0 a\charscalex100\expndtw45 \charscalex104\expndtw0 dou\u259?\char
scalex100\expndtw45 \charscalex104\expndtw0 din\charscalex100\expndtw46 \chars
calex104\expndtw0 c\expndtw-1 e\expndtw0 le\charscalex100\expndtw44 \charscalex
104\expndtw1 t\expndtw0 r\expndtw-1 e\expndtw0 i\charscalex100\expndtw48 \chars
calex104\expndtw0 c\expndtw-1 r\expndtw0 iterii:\charscalex100\expndtw46 \chars
calex104\expndtw1 t\expndtw0 otal\charscalex100\expndtw46 \charscalex104\expndt
w0 a\expndtw-1 c\expndtw0 tive\charscalex100\expndtw45 \charscalex104\expndtw0
3.650.000\charscalex100\expndtw46 \charscalex104\expndtw0 eu\expndtw-1 r\expndt
w0 o;\charscalex100\expndtw46 \charscalex104\expndtw0 cif\expndtw-1 r\expndtw0
a\charscalex100\expndtw44 \charscalex104\expndtw0 de\cf0\charscalex100 \cf0\ch
arscalex104 a\expndtw-1 fa\expndtw1 c\expndtw0 e\expndtw-1 r\expndtw0 i\charscal
ex100\expndtw81 \charscalex104\expndtw0 net\u259?\charscalex100\expndtw81 \cha
rscalex104\expndtw0 7.300.000\charscalex100\expndtw84 \charscalex104\expndtw0 e
uro\charscalex100\expndtw81 \charscalex104\expndtw0 \u351?i\charscalex100\expnd
tw82 \charscalex104\expndtw0 nu\expndtw1 m\expndtw0 \u259?r\charscalex100\expnd
tw80 \charscalex104\expndtw1 m\expndtw0 ediu\charscalex100\expndtw81 \charscal
ex104\expndtw0 de\charscalex100\expndtw81 \charscalex104\expndtw0 sala\expndtw-
1 r\expndtw0 ia\u355?i\charscalex100\expndtw82 \charscalex104\expndtw0 50;\char
scalex100\expndtw82 \charscalex104\expndtw1 \u238?\expndtw0 ntocmesc\charscalex
100\expndtw80 \charscalex104\expndtw0 s\expndtw1 i\expndtw0 tua\u355?\expndtw1
i\expndtw0 i\charscalex100\expndtw82 \charscalex104\expndtw0 finan\expndtw-1 c\
expndtw0 ia\expndtw-1 r\expndtw0 e\cf0\charscalex100 \cf0\charscalex104 dezvo\e
xpndtw1 l\expndtw0 tate\charscalex100\expndtw21 \charscalex104\expndtw0 c\expnd
tw-1 a\expndtw1 r\expndtw0 e\charscalex100\expndtw21 \charscalex104\expndtw0 cu
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pndtw1 i\expndtw0 lan\u355?u\expndtw1 l\expndtw0 ,\charscalex100\expndtw22 \cha
rscalex104\expndtw0 contul\charscalex100\expndtw22 \charscalex104\expndtw0 de\c
harscalex100\expndtw20 \charscalex104\expndtw0 profit\charscalex100\expndtw24
\charscalex104\expndtw1 \u351?\expndtw0 i\charscalex100\expndtw22 \charscalex10
4\expndtw0 pierd\expndtw-1 e\expndtw1 r\expndtw0 e,\charscalex100\expndtw21 \ch
arscalex104\expndtw0 si\expndtw1 t\expndtw0 ua\u355?ia\charscalex100\expndtw21
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1 \u259?r\expndtw0 ilor\charscalex100\expndtw21 \charscalex104\expndtw2 c\expnd
tw0 apitalurilor\cf0\charscalex100 \cf0\charscalex104 prop\expndtw-1 r\expndtw0
ii,\charscalex100\expndtw3 \charscalex104\expndtw0 s\expndtw1 i\expndtw0 tua\u
355?ia\charscalex100\expndtw2 \charscalex104\expndtw0 flu\expndtw2 x\expndtw1 u
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alex104 t\expndtw0 r\expndtw-1 e\expndtw1 z\expndtw0 or\expndtw-1 er\expndtw0 ie
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e\expndtw2 x\expndtw0 pl\expndtw1 i\expndtw0 c\expndtw-1 a\expndtw0 tive\charsc
alex100\expndtw2 \charscalex104\expndtw0 la\charscalex100\expndtw2 \charscalex
104\expndtw0 s\expndtw1 i\expndtw0 tua\u355?i\expndtw1 i\expndtw0 le\charscalex1
00\expndtw2 \charscalex104\expndtw0 finan\expndtw-1 c\expndtw0 ia\expndtw-1 r\e
xpndtw0 e\charscalex100\expndtw3 \charscalex104\expndtw0 anu\expndtw-1 a\expndt
w0 le.\cf0\charscalex100\f0\fs24\par\pard\qj\fi707\ri257\sl326\slmult1 \cf0\char
scalex104\expndtw1\f0\fs23 P\expndtw0 e\expndtw-1 r\expndtw0 so\expndtw-1 a\expn
dtw0 nele\charscalex100\expndtw18 \charscalex104\expndtw0 jurid\expndtw1 i\expn
dtw0 ce\charscalex100\expndtw17 \charscalex104\expndtw0 c\expndtw1 a\expndtw0 r
e\charscalex100\expndtw20 \charscalex104\expndtw0 la\charscalex100\expndtw19 \
charscalex104\expndtw0 data\charscalex100\expndtw18 \charscalex104\expndtw0 bi\
expndtw1 l\expndtw0 an\u355?ului\charscalex100\expndtw20 \charscalex104\expndtw
0 nu\charscalex100\expndtw17 \charscalex104\expndtw0 de\expndtw-2 p\expndtw-1 \
u259?\expndtw0 \u351?\expndtw-1 e\expndtw0 sc\charscalex100\expndtw18 \charscal
ex104\expndtw1 l\expndtw0 i\expndtw1 m\expndtw0 i\expndtw1 t\expndtw0 ele\charsc
alex100\expndtw18 \charscalex104\expndtw0 a\charscalex100\expndtw18 \charscale
x104\expndtw0 dou\u259?\charscalex100\expndtw19 \charscalex104\expndtw0 di\expn
dtw-1 n\expndtw0 tre\charscalex100\expndtw17 \charscalex104\expndtw0 crite\expn
dtw-1 r\expndtw0 ii\expndtw1 l\expndtw0 e\charscalex100\expndtw18 \charscalex10
4\expndtw0 de\cf0\charscalex100 \cf0\charscalex104 m\u259?rime\charscalex100\ex
pndtw16 \charscalex104\expndtw0 pr\expndtw-1 e\expndtw1 z\expndtw0 ent\expndtw-
1 a\expndtw0 te\charscalex100\expndtw16 \charscalex104\expndtw0 ant\expndtw1 e\
expndtw0 rior,\charscalex100\expndtw16 \charscalex104\expndtw1 \u238?\expndtw0
nt\expndtw1 o\expndtw0 cm\expndtw-1 e\expndtw0 sc\charscalex100\expndtw16 \char
scalex104\expndtw0 si\expndtw1 t\expndtw0 ua\u355?ii\charscalex100\expndtw18 \c
harscalex104\expndtw0 fi\expndtw-2 n\expndtw-1 a\expndtw0 n\expndtw-1 c\expndtw0
ia\expndtw1 r\expndtw0 e\charscalex100\expndtw16 \charscalex104\expndtw0 anu\e
xpndtw-1 a\expndtw0 le\charscalex100\expndtw16 \charscalex104\expndtw0 si\expnd
tw1 m\expndtw0 p\expndtw1 l\expndtw0 ific\expndtw1 a\expndtw0 te\charscalex100\e
xpndtw16 \charscalex104\expndtw0 c\expndtw-1 a\expndtw0 re\charscalex100\expndt
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pndtw0 bi\expndtw1 l\expndtw0 an\u355?\cf0\charscalex100 \cf0\charscalex104 pr\
expndtw-1 e\expndtw0 s\expndtw-1 c\expndtw0 urt\expndtw-1 a\expndtw0 t,\charscal
ex100\expndtw5 \charscalex104\expndtw0 cont\charscalex100\expndtw2 \charscalex
104\expndtw0 de\charscalex100\expndtw2 \charscalex104\expndtw0 profit\charscale
x100\expndtw5 \charscalex104\expndtw0 \u351?i\charscalex100\expndtw3 \charscal
ex104\expndtw0 pierd\expndtw-1 er\expndtw0 e\charscalex100\expndtw1 \charscalex
104\expndtw0 \u351?i\charscalex100\expndtw3 \charscalex104\expndtw0 no\expndtw1
t\expndtw0 ele\charscalex100\expndtw4 \charscalex104\expndtw0 e\expndtw1 x\exp
ndtw0 p\expndtw1 l\expndtw-1 ica\expndtw0 tive\charscalex100\expndtw2 \charscal
ex104\expndtw0 la\charscalex100\expndtw2 \charscalex104\expndtw0 s\expndtw1 i\e
xpndtw0 tua\u355?i\expndtw1 i\expndtw0 le\charscalex100\expndtw2 \charscalex104
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4 an\expndtw2 u\expndtw0 ale.\cf0\charscalex100\f0\fs24\par\pard\sl-240 \f0\par\
pard\sa4\sl-120 \fs12\par\pard\li720\ri220\sl324\slmult1 \b\cf0\charscalex104\fs
23 1.2.\b0\charscalex100\expndtw2 \b\charscalex104\expndtw-1 P\expndtw0 re\expn
dtw1 z\expndtw0 enta\expndtw-1 r\expndtw0 ea\b0\charscalex100\expndtw1 \b\chars
calex104\expndtw3 g\expndtw0 ene\expndtw-1 r\expndtw1 al\expndtw0 \u259?\b0\char
scalex100\expndtw2 \b\charscalex104\expndtw0 a\b0\charscalex100\expndtw3 \b\ch
arscalex104\expndtw1 S\expndtw0 tan\expndtw2 d\expndtw0 ardelor\b0\charscalex100
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xpndtw0 Ra\expndtw1 p\expndtw0 or\expndtw-1 t\expndtw0 a\expndtw-1 r\expndtw0 e\
b0\charscalex100\expndtw3 \b\charscalex104\expndtw-1 F\expndtw0 ina\expndtw1 n\
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tw0 mon\expndtw1 iz\expndtw0 ar\expndtw-1 e\expndtw0 a\charscalex100\expndtw106
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w0 conte\expndtw1 xt\expndtw0 ul\charscalex100\expndtw109 \charscalex104\expndt
w0 in\expndtw1 t\expndtw0 e\expndtw-1 r\expndtw0 n\expndtw-1 a\expndtw0 \u355?io
nal\charscalex100\expndtw108 \charscalex104\expndtw0 se\charscalex100\expndtw11
0 \charscalex104\expndtw0 r\expndtw1 e\expndtw0 ali\expndtw2 z\expndtw0 e\expnd
tw-1 a\expndtw0 z\u259?\charscalex100\expndtw107 \charscalex104\expndtw1 p\expn
dtw0 rin\charscalex100\expndtw108 \charscalex104\expndtw0 asim\expndtw1 i\expnd
tw0 larea\charscalex100\expndtw107 \charscalex104\expndtw1 St\expndtw0 and\expn
dtw-1 ar\expndtw2 d\expndtw0 elor\cf0\charscalex100\f0\fs24\par\pard\qj\ri257\sl
326\slmult1 \cf0\charscalex104\expndtw-3\f0\fs23 I\expndtw0 nt\expndtw2 e\expndt
w0 rn\expndtw-1 a\expndtw0 \u355?ionale\charscalex100\expndtw157 \charscalex104
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tw0 a\expndtw1 p\expndtw0 orta\expndtw-1 r\expndtw0 e\charscalex100\expndtw157
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expndtw156 \charscalex104\expndtw4 (\expndtw-2 IF\expndtw2 R\expndtw1 S\expndtw
0 )\charscalex100\expndtw156 \charscalex104\expndtw0 emise\charscalex100\expndt
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w1 C\expndtw0 on\expndtw1 s\expndtw0 i\expndtw1 l\expndtw0 iul\charscalex100\exp
ndtw157 \charscalex104\expndtw0 pentru\charscalex100\expndtw155 \charscalex104
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pndtw0 \u355?ionale\charscalex100\expndtw16 \charscalex104\expndtw0 de\charscal
ex100\expndtw14 \charscalex104\expndtw0 Con\expndtw1 t\expndtw0 a\expndtw2 b\ex
pndtw0 i\expndtw1 l\expndtw0 i\expndtw1 t\expndtw0 ate\charscalex100\expndtw13
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xpndtw0 l\expndtw1 i\expndtw0 ul\charscalex100\expndtw15 \charscalex104\expndtw
0 in\expndtw1 t\expndtw0 e\expndtw-1 r\expndtw0 n\expndtw-1 a\expndtw0 \u355?i\e
xpndtw1 o\expndtw0 nal\charscalex100\expndtw14 \charscalex104\expndtw0 al\chars
calex100\expndtw14 \charscalex104\expndtw1 S\expndtw0 tan\expndtw2 d\expndtw0 a
r\expndtw1 d\expndtw0 elor\charscalex100\expndtw14 \charscalex104\expndtw0 Con\
expndtw1 t\expndtw0 abile\charscalex100\expndtw14 \charscalex104\expndtw4 (\exp
ndtw-2 I\expndtw-1 A\expndtw1 S\expndtw0 B)\cf0\charscalex100 \cf0\charscalex10
4 \u238?nfii\expndtw1 n\expndtw0 \u355?at\charscalex100\expndtw55 \charscalex10
4\expndtw0 \u238?n\charscalex100\expndtw56 \charscalex104\expndtw0 1973\charsca
lex100\expndtw55 \charscalex104\expndtw0 are\charscalex100\expndtw53 \charscal
ex104\expndtw0 ca\charscalex100\expndtw56 \charscalex104\expndtw0 ob\expndtw1 i
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ndtw0 elaborarea\charscalex100\expndtw53 \charscalex104\expndtw0 \u351?i\charsc
alex100\expndtw59 \charscalex104\expndtw0 publ\expndtw1 i\expndtw0 c\expndtw-1
ar\expndtw0 e\charscalex100\expndtw54 \charscalex104\expndtw0 \u238?n\charscale
x100\expndtw56 \charscalex104\expndtw0 in\expndtw1 t\expndtw0 e\expndtw-1 re\ex
pndtw0 sul\charscalex100\expndtw55 \charscalex104\expndtw3 p\expndtw0 ub\expndt
w1 l\expndtw0 icului\charscalex100\expndtw56 \charscalex104\expndtw0 de\charsca
lex100\expndtw54 \charscalex104\expndtw0 s\expndtw1 t\expndtw0 and\expndtw-1 a\
expndtw0 rde\cf0\charscalex100 \cf0\charscalex104 cont\expndtw-1 a\expndtw0 bil
e\charscalex100\expndtw2 \charscalex104\expndtw1 i\expndtw0 ntern\expndtw-1 a\e
xpndtw0 \u355?ionale\charscalex100\expndtw4 \charscalex104\expndtw1 c\expndtw0
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arscalex100\expndtw1 \charscalex104\expndtw0 cu\charscalex100\expndtw2 \charsc
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104\expndtw0 con\expndtw2 t\expndtw0 abil\charscalex100\expndtw3 \charscalex104
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w-2 I\expndtw0 C).\cf0\charscalex100\f0\fs24\par\pard\qj\fi720\ri255\sl326\slmul
t1\tx1430 \cf0\charscalex104\f0\fs23 Uniunea\charscalex100\expndtw111 \charscal
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3 R\expndtw1 a\expndtw0 portare\charscalex100\expndtw60 \charscalex104\expndtw0
Fina\expndtw1 n\expndtw0 cia\expndtw-1 r\expndtw0 a\charscalex100\expndtw61 \c
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0 a\expndtw-1 r\expndtw0 e\charscalex100\expndtw30 \charscalex104\expndtw0 pa\e
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f0\charscalex100 \cf0\charscalex104\expndtw-1 F\expndtw0 inan\expndtw-1 c\expnd
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104\expndtw0 e\expndtw2 x\expndtw0 is\expndtw1 t\expndtw0 e\cf0\charscalex100 \
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