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One more Boeing for Tarom
A new Boeing 737-700 (some $36 million in catalogue price) will be added to Tarom's fleet today and will be used for European flights among others, Tarom's general manager Ioan Lixandru said...
Daewoo sells 75% more
Domestic carmaker Daewoo Automobile Romania sold 18,000 vehicles in ten months this year, up 75% from last year. "We sold more than 3,300 vehicles in October, which is the best monthly resul...
Finance Ministry pays more
It is for sure now. The Finance Ministry has completely rallied to the interest increase trend - at least when it comes to short maturities, set by the central bank in the last few months. T...
One more L'Oreal division in Bucharest
French cosmetics maker L'Oreal has introduced a new cosmetics division on the Romanian market. This division sells products aimed at drugstores only and is the second unit of the group launc...
Busteni scandal getting more serious
The Busteni deal - the OMU project worth some $70 million, in which Virgil Teodorescu, Minister Serban Mihailescu's advisor, and other ten members of the central and local administration are...
More lenient delisting rules
Tens of companies have left the capital market over the last twelve months while others are getting ready to do so by December. Still, the future capital market law might include provisions...
Auto show? More like a car fair!
It is more like a car fair rather than an auto show. This is how the Bucharest International Auto Show (SIAB), which ended last week, could be best described. There were less than 200,000 vi...
More foreign companies at TIB 2003
The number of foreign companies attending this year's Bucharest International Technological Fair (TIB) has gone up from last year, as they have come to account for 42% of the total participa...
Germanos to open 5 more stores
Germanos, one of the main domestic suppliers of telecommunication equipment, will expand by five more stores by yearend, so that the points of sale will amount to 70. "The funds for opening...