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Noble Ventures now looking to get $350 million from the Romanian State

U.S. company Noble Ventures has raised the amount requested as damages from the Romanian State in the lawsuit it filed in Washington, after having been ousted from Resita Steel Mill (CSR). T...

Bogdan Neagu · 15.07.2003 · 00:00 · 2 min
ZF English

Sales of energy drinks are soaring on Romanian market

The sales of energy drinks are taking off in Romania. In February, March, April and May this year, the stores sold more than 267,000 cans of Red Bull, Power Horse, Burn, XL, Shark and other...

Claudia Covaci · 10.07.2003 · 00:00 · 2 min
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Romanian business: ARO entails same production costs as BMW

Paying 5,000 to 15,000 euros for a car that cost more than 38,000 euros to make seems like a bargain, does it not? Well, this is not a BMW or Mercedes promotion, this is about the Aro vehicl...

Ionut Bonoiu · 07.07.2003 · 00:00 · 2 min
ZF English

Higher demand for Romanian managers

The number of management positions offered to Romanians by various private companies has been going up lately, due to a wave of investments made in retail and production especially, the repr...

Ziarul Financiar · 07.07.2003 · 00:00 · 1 min
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Pilkington pulls the plug on $100m Romanian investment

Not every investment project is bound to come true, as proven by the British glass company Pilkington, which halted the construction of a window plant in Romania. The investment had been est...

Bogdan Neagu · 03.07.2003 · 00:00 · 2 min
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Unilever to export Romanian output

The Romanian-made output of Anglo-Dutch concern Unilever will start being exported to Western Europe as of September, Martina Kastler, CEO of Unilever South Central Europe told Ziarul Financ...

Ziarul Financiar · 01.07.2003 · 00:00 · 1 min
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4 of 5 Romanian web surfers go on holiday

Nearly 80% of the adult Romanians living in cities are planning to go on holiday this summer, compared to only 66% last year, with 20% of them choosing to spend their summer break abroad, a...

Ziarul Financiar · 26.06.2003 · 00:00 · 1 min
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Foreign insurers to get the go-ahead for Romanian market

Few people may have thought about it so far, but whoever has actually dealt with this issue must have dubbed it an absurdity: Romanians or Romanian companies are (still) only allowed to buy...

Ziarul Financiar · 24.06.2003 · 00:00 · 2 min
ZF English

TNT raises Romanian bet by $7m

TNT Romania, the local branch of the European express distribution company will invest over $7 million on the domestic market in the next three years, while its total investments so far amou...

Ionut Bonoiu · 23.06.2003 · 00:00 · 1 min