Romanian
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Citibank changes Romanian head again
Citibank Romania's new CEO as of January 1, 2004 is Witold Zielinski, who replaces Tirad Mahmoud. Mahmoud left the American group to work for Saudi SAMBA Group. Zielinski is a Polish citizen...
2004, Romanian Government's most important year
The Government returns to work today, after a two-week holiday. The current Cabinet has entered its final and most important year of the term won after the elections in 2000. On the one hand...
Grey prospects ahead of Romanian economy in this year
The Romanian foreign trade risks going adrift, as the authorities cannot find levers to contain the skyrocketing of imports, while the incompletely restructured economy is unable to sustain...
Christmas bonus pushes single European currency down on Romanian market
The ROL/EUR exchange rate dropped 132 units yesterday, down to 40.612 ROL/EUR, mainly because of the big sales of euros by the banking customers that need bigger amounts in the domestic curr...
Italian furniture brands fight over Romanian market
Italian furniture brands targeting medium and high income clients began the battle over the Romanian market by opening showrooms. "Opening a showroom results into a sales boost, while the in...
3 more years for Romanian Investment Fund
The shareholders of Romanian Investment Fund (RIF), one of the top investment funds on the Romanian market have decided to extend its life span by three years so that the fund could get bett...
Romanian Investment Fund: inca 3 ani de viata
Actionarii Romanian Investment Fund (RIF), unul din cele mai importante fonduri de investitii de pe piata romaneasca, au decis sa prelungeasca cu trei ani durata de viata a fondului pentru a...
Romanian businesspeople unfazed by electoral year, predict significant growth
Next year holds two certainties in terms of business: first, 2004 will be a leap year, so the businesspeople will have an extra day to close deals and make money, and second, it will be an e...
OMV interested in Romanian oil operations
Austrian company OMV, the largest oil group in Central and Eastern Europe in terms of market capitalisation, is mulling oil drilling and production projects for the Romanian market. OMV has...