State
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Patriciu says forced execution no good for State
Businessman Dinu Patriciu says the forced execution of the Petromidia refinery would not be to the best interest of the State. He says the best solution for the State, which holds more than...
State - insurers' best friend
The insurance companies had invested more than $15 million in listed securities by the end of last November, that is about 7% of their total financial investments, the Insurance Supervision...
State orders $82m fertilisers
The Romanian State has increased the fertiliser subsidy for small farmers by $18 million to $82 million and is therefore subsidising fertilisers in full. The chemical plant that stands to be...
Integration and globalisation according to Romania: the state must go on
The average salary in Romania is just a quarter of the Hungarian or Czech wages and a tenth of what the EU member states are paying. Corruption is chasing investors away. Taxation and bureau...
State gives up golden share in RomTelecom
The state gave up its golden share in the national fixed telephony operator RomTelecom, as the Government passed a normative act turning it into a common share on December 18, 2002. The deci...
Multinationals to fight the State
After having been torn by several scandals over the past two years, the Romanian drug market is now experiencing another tense situation. Although discreet about their relations with the Sta...
BCR chairman praises state ownership
The chairman of Banca Comerciala Romana (Romanian Commercial Bank - BCR) Nicolae Danila feels the State is a good shareholder for the bank and supports the idea of Romanian state-run compani...
Twelve years of privatisation later, the state is still the business leader
After twelve years of privatisation, with some of the deals even hailed as historical, the state-owned economy has managed to stay afloat and even tower over the biggest Romanian businesses....
PSD to state position on early elections
The ruling party this week will state its official position on organising early elections. A PSD (Social Democrat Party) delegation headed by PM Adrian Nastase will meet with President Ion I...