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UPC completes Astral takeover after a year
UPC completes Astral takeover after a year
UPC completes Astral takeover after a year
UPC completes Astral takeover after a year
Oltchim's sale, next year at the earliest
The privatisation process of the Oltchim plant cannot be initiated this year because it has to go through a series of legal steps, which will take a few months, said the company's general ma...
Bosch Romania expects 100m-euro sales this year
German group Bosch, whose business involves electrical tools, automotive parts and accessories, and heating substations, plans to double its business in Romania in 2006. "We want to have 100...
Tariceanu forecasts 10 billion-euro foreign investments this year
The volume of foreign direct investment attracted by Romania this year could reach 10 billion euros, twice more than in 2005, Premier Calin Popescu-Tariceanu stated during the "How to make m...
Inflation target reached as late as next year
Inflation will go down to the fluctuation interval proposed by the National Bank but not before the first three months of 2007, Florin Georgescu, first vice-governor of NBR said yesterday. T...
Mini-loan with maxi interest: 100% a year for 600 RON
Romanians'' hunger for loans has created a new market niche: small short-term loans loan granted at home, with 50% interest for six months. The company that identified the new market niche i...
Ruwel plans sales worth 50m euros next year
The German company Ruwel AG estimates sales worth 30-50 million euros for next year, according to the chairman of the company''s Board of Directors, Wilfried Sehner. Ruwel will start buildin...
BCR makes 90 million-euro profit four months into the year
BCR posted 90 million euros in net profit four months into the year, an increase of some 20% compared to the same period in 2005. Assets overshot the 11 billion-euro mark, Nicolae Danila, th...