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Wrigley Romania's sales, $30m

Wrigley Romania, the top player on the domestic chewing gum market ended last year with 1,002bn ROL ($30.1 million) turnover, up 12% from 2002, general manager Constantin Dumitrescu said. It...

Ziarul Financiar · 24.02.2004 · 00:00 · 1 min
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EBRD chief economist questions Romania's EU accession in 2007

Macroeconomic stability is by no means guaranteed, whereas Romania's European Union accession in 2007 is not a done deal, Willem Buiter, chief economist of the European Bank for Reconstructi...

Razvan Voican · 12.01.2004 · 00:00 · 3 min
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Unilever Romania's exports head West

The British - Dutch consumer goods maker Unilever began producing detergents for Western Europe in Romania in October last year. The company had produced 6,000 tones of detergents for the Ge...

Claudia Covaci · 06.01.2004 · 00:00 · 2 min
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Moody's upgrades Romania's ratings, says a lot remains to be done

Rating agency Moody's Investors Services has upgraded Romania's country ceiling for foreign currency bonds and for foreign currency bank deposits, but recognizes that a lot remains to be don...

Razvan Voican · 12.12.2003 · 00:00 · 2 min
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Romania's billion-dollar defence, infrastructure market has US, EU officials at odds

The diverging political interests of the United States and Europe towards Romania are not exactly breaking news, as the disputes have often found their way in public statements. However, thi...

Laurentiu Ispir · 07.11.2003 · 00:00 · 2 min
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EBRD, IFC call for significant changes at Romania's largest bank, BCR

Rationalised structure, improved asset and capital yield, more efficient personnel use, modernisation of the risk management and IT systems, extended implementation of the corporate governan...

Razvan Voican · 03.11.2003 · 00:00 · 2 min
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Four investment banks selected to underwrite Romania's 500m eurobonds

How many banks have been hired to underwrite the eurobonds issued by Romania this year? "Two... no, in fact there's four."The long selection process of the banks that will broker the eurobon...

Razvan Voican · 19.05.2003 · 00:00 · 2 min
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Shy debut for Romania's current account deficit

The current account of Romania's balance of foreign payments came up short of 15 million dollars at the end of this January, three times less than in the first month of last year, given that...

Ion Sergiu · 27.03.2003 · 00:00 · 1 min
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Standard & Poor's ready to upgrade Romania's ratings

A Romanian rating upgrade by US rating agency Standard &Poor's (S&P) is only a matter of time and has nothing to do with the possible onset of a war against Iraq. "We are about to complete R...

Razvan Voican · 27.02.2003 · 00:00 · 2 min