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Government plans price increases and layoffs to help balance of payments
After a lot of urging and prodding by the International Monetary Fund (IMF), the Government has chosen the middle of winter as the best time to start cutting losses at the state-owned enterp...
RCS&RDS and Astral Telecom about to engulf rival FX Communications
A consortium comprising RCS&RDS and Astral Telecom, the two leading players on the Romanian cable market, will take over the fourth-largest competitor - FX Communications (Metromedia) this y...
Different owners for Distrigaz Nord and Sud
Distrigaz Nord and Distrigaz Sud, which make up the state monopoly over the natural gas distribution, will eventually have different owners, the privatisation announcement run in the central...
Sicomed eyes 10% export growth and new drugs next year
Sicomed Bucharest, the leading Romanian drugmaker, pursues a 10% sales growth in real terms from the $48 million in 2003 by doubling exports and by releasing new products. The company also r...
Image, sound and text via Connex
Until such time comes that the third generation mobile telephony is introduced in Romania, we will have to grow accustomed to multimedia messaging first. This is a very trendy technology Eur...
WizRom expands in Turkey and Bulgaria
An increase in the customer base and in the share of post-sale services in the turnover structure were the main points of the strategy enforced this year by management solutions supplier Wiz...
Canadians eye infrastructure and energy
The most attractive sectors for Canadian exporters or investors in Romania are energy, mining and engineering, with infrastructure soon to join them, said Robert Forbes, deputy chairman of E...
Canadians eye infrastructure and energy
The most attractive sectors for Canadian exporters or investors in Romania are energy, mining and engineering, with infrastructure soon to join them, said Robert Forbes, deputy chairman of E...
WizRom expands in Turkey and Bulgaria
An increase in the customer base and in the share of post-sale services in the turnover structure were the main points of the strategy enforced this year by management solutions supplier Wiz...