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Banca Carpatica after Atlassib Asigurari
Banca Comerciala (Commercial Bank) Carpatica, based in Sibiu, intends to take over insurer Atlassib Asigurari, controlled by Ilie Carabulea, the main shareholder of the bank, this year. Even...
Interior Ministry after 100m euros
The Ministry of Administration and Interior is getting ready to contract a foreign loan worth 100 million euros to secure the borders. The loan, pledged by the Finance Ministry, has already...
Tarom privatised after 2005
National airline Tarom's privatisation is tied to cutting losses and becoming attractive to investors, which goals cannot be attained any sooner than 2005-2006, Ioan Lixandru, Tarom's genera...
Finance Ministry after 104m euros
The rise in the central bank's benchmark rate on the interbank money market from 19.25% to 20.25% a year and the banks' reluctance to invest their cash in government securities over the last...
Belgians after Romanian lime
Belgian Carmeuse Group, one of the leading players on the European lime market, is preparing an expansion of its Romanian operations. To that end, it is now setting aside cash for acquisitio...
Touristic parks designed after industrial ones
Transports, constructions and tourism minister Miron Mitrea on Tuesday expressed his intention to promote a law draft on the establishment of touristic parks in areas with a high touristic p...
PSD wants to rule by itself after 2004
PSD (Social Democrat Party) yesterday during its National Council launched a strong political offensive whose purpose is to gain the majority party position after the upcoming elections. PSD...
CosmoRom's fate to be decided after the holidays
A decision about the future of CosmoRom, the mobile telephony division of RomTelecom, will be made by September 2003, Lefteris Antonacopoulos, chairman of Greek telecom group OTE said. "RomT...
La Festa after Oltchim's juices and canned goods
Polish juice and cappuccino maker La Festa, which holds the natural juice brand Tedi is planning to buy the Raureni juice and canned goods factory, controlled by chemical plant Oltchim Ramni...