Romanian
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Dimon Inc. buys Romanian tobacco
US-based Dimon Incorporated, the world's second-largest tobacco dealer, bought tobacco worth $1m from Romanian farmers last year, and is planning to do more business on the Romanian market,...
Romanian banks revising lending offers
The new norms setting the minimal consumer lending conditions issued by the National Bank of Romania last fall and enforcing today seem to have made little difference to those actually plann...
Largest Romanian industrial and business park to be sold under $50m transaction
Austrian financial group Immofinanz is in talks to buy one of Romania's largest industrial parks - IRIDE, under a transaction that could be worth more than $50 million, according to sources...
Interest rates calculated by Romanian banks stir controversy
When someone applies for a loan, the banks often present only the interest rates and a list including the value of all the monthly instalments to the last penny. Perhaps no one ever wonders...
Romanian railways, major business for Siemens
The volume of orders the largest German industrial group Siemens has contracted or is about to from the Romanian railway companies is of approximately 740 million euros, according to the lat...
Foreign contractors invade Romanian constructions market
The Romanian constructions market continued to grow last year, with the first estimates pointing to an approximate value of 6 billion dollars in 2003, but the traditional market leaders - Hi...
Foreign investment funds still wooing Romanian household appliance retailers
The Romanian retail market of household appliances, chiefly its consumer finance component, is still drawing lots of interest from the foreign investment funds. Whereas Flanco is in talks to...
Cargill gets foothold on Romanian market
US group Cargill on Wednesday took over the main stake in one of Romania's main grain storing companies, Comcereal Alexandria, under a transaction worth 824bn ROL ($26m). Cargill, one of the...
Deutsche Bank reaches 3bn euros in funding for Romanian market
Deutsche Bank, Germany's largest bank and one of Europe's most powerful financial institutions, made quite an entrance on the Romanian market, as it has granted funding worth three billion e...