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European Commission set to grant 15.4bn euros to Romania and Bulgaria
Only one day after the harsh criticism formulated by Emma Nicholson, the European Parliament's Rapporteur for Romania, who demanded that the country's EU accession negotiations should be sus...
Political advertising, between politicians' interests and the law
The representatives of the main TV stations in Romania, the National Broadcasting Council (CNA) and the representatives of the civil society are against the proposition of the parliamentary...
Car sales boosted by million-euro advertising and showrooms
No less than 135,000 new cars were sold in Romania last year, with their value exceeding one billion euros, twice the level logged three years ago. The "secret" recipe behind this successful...
Baxi wants 25% of domestic boiler and heater market
European Baxi Group, one of the world's leading makers of thermal comfort products, has established Baxi Romania SA. The representatives of the group say Baxi is the first international comp...
Flanco and Flamingo battle over TV sets and PCs
The fridge and the TV set from Flanco, the computer from Flamingo. This is what the decision to purchase various electronic home products and appliances used to look like several years ago....
Transelectrica to choose between E&Y and PwC
Transelectrica got two offers from Ernst & Young and PricewaterhouseCoopers consultancies to have its business plan for 2004-2014 devised. "The contract will be signed by the end of next wee...
Petrotel Refinery, the key to Lukoil expansion in Central and Eastern Europe
Lukoil, one of the world's biggest oil corporations, is relying on the Petrotel Ploiesti refinery to cover the fuel distribution markets in Romania, Hungary and the Republic of Moldova, as p...
Nothing is too small for Pfizer, GSK and Eli Lilly
The $2m Romanian market for erectile dysfunction drugs has been the turf of a single company in the last few years. However, for the past several months, it has become a battlefield for thre...
Largest Romanian industrial and business park to be sold under $50m transaction
Austrian financial group Immofinanz is in talks to buy one of Romania's largest industrial parks - IRIDE, under a transaction that could be worth more than $50 million, according to sources...