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Tanasescu promises 0.5% lower arrears and 9% inflation
The first item in the agreement the Government is looking to sign with the International Monetary Fund will be the series of measures that needs to be set and taken to curb arrears and preve...
Tanasescu promises 0.5% lower arrears and 9% inflation
The first item in the agreement the Government is looking to sign with the International Monetary Fund will be the series of measures that needs to be set and taken to curb arrears and preve...
BERD and IFC set to get Banc Post stake
Double capital and new shareholders - the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC). These are the plans of Banc Post for the en...
"Bread roll and milk", govermental programme boosts LaDorna's sales
The distribution of dairy products to schools as part of the "Bread roll and milk" programme and new product launches will double LaDorna dairy group's sales this year. sleadend Jean Valvis,...
AND takes $100m loan
The National Road Administration (AND) has contracted a 3,600bn ROL (more than $100 million) syndicated loan from five Romanian banks. The loan is repayable in three years and comes with a t...
Job cuts and outsourcing at Amonil
Chemical fertiliser producer Amonil Slobozia will embark on a major restructuring programme this year, and aims to complete the process in 2004. The programme will trigger up to 35% layoffs...
Cinci banci romanesti au acordat AND un credit de 100 milioane dolari
Administratia Nationala a Drumurilor (AND) a contractat un credit sindicalizat de 3.600 miliarde lei (peste 100 milioane de dolari) de la cinci banci romanesti, rambursabil in trei ani si cu...
Ana Hotels sees growth, fuelled by event management and conferences
Ana Hotels, Ana Group's hotel unit, posted $8.54 million turnover in three quarters this year, up 6.4% from the year-ago period. Ana Hotels expects $11.53m full-year turnover, 7% more than l...
Romania to deregulate power and gas markets by 2007
The Romanian authorities are planning a complete deregulation of the power and natural gas markets by 2007, when Romania hopes to join the EU. With a 33% deregulated energy market and 30% fo...