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Maserati in Romania: 3 cars sold, 5 more to go!
Less than two months since the official opening of its showroom in Bucharest, AutoItalia, Maserati importer in Romania, has already sold three Maserati cars. "The target for this year's Mase...
More accessible US market
The acknowledgement of Romania as a market economy by the US will help boost the confidence of American companies in conducting commercial operations with Romanian partners, as well as attra...
More money for Finance Ministry
The general consolidated budget ended 2002 with 2.7% of GDP deficit, compared with 3.2% in 2001. This is one of the factors that led to a bigger-than-expected inflation drop, down to 17.8%,...
No more life insurance for employees
The insurance law will soon be modified to increase the maturity (the period of time that has to pass before the underwritten amount can be withdrawn) of the life insurance premiums included...
No more position for MPs
The Government yesterday decided that MPs can no longer be members of company Boards (CA) or General Assemblies of Shareholders (AGA), irrespective of the companies' capital, said the Execut...
Minister Tanasescu: switch to euro needs more analysis
Two weeks before the National Bank of Romania (NBR) replaces the dollar with the euro as the reference currency for the calculation of the ROL exchange rate, Finance minister Mihai Tanasescu...
Argus Constanta sells 40% more oil
Constanta-based edible oil producer Argus SA last year posted turnover worth 50 million dollars, up 40% since 2001. "The growth was due to the excellent distribution. We worked hard the enti...
More options than just banks and dollars
Even if you were not the lucky winner, you can at least suppose that the one who actually won $1.5 million at the "6 out of 49" lottery game needs investment advice. What could be the most p...
More Lockheed Martin radars for the Army
Lockheed Martin will supply to the Romanian Air Force 21 gap-filler radar systems worth about $9.5 million throughout 2004-2008. The memorandum of understanding between the two parties was s...