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Industry minister woos ENI and Chevron Texaco
Italy-based ENI Group is interested to participate in the privatisation of SNP Petrom, Industry and Resources minister Dan Ioan Popescu yesterday announced during the Forum Invest Economic S...
Prince and pauper or How to hide away one's personal fortune
Romanian officials will soon have to disclose the exact amounts in their bank accounts. But only if they do not read the following story. The Government will change the fortune disclosure la...
Govt and IMF need success story
Romania has the chance to successfully see the current agreement with the IMF through, Jeroen J.M. Kremers, executive director representing the group of countries including Romania in IMF's...
BSE and Rasdaq set to merge into single capital market
Although it sounded like a joke only several months ago, the merger between the two Romanian capital markets was yesterday confirmed through a merger project for the Bucharest Stock Exchange...
Rompetrol changes look and market strategy - from three oil pipelines to stylised flower
Starting today, Rompetrol, Romania's largest private oil group, is changing its "look" and the strategy aimed at the oil products distribution market. The company's rebranding process, worth...
BSE and RASDAQ to present merger project
The management of the Bucharest Stock Exchange (BSE) and of the RASDAQ Electronic Market will present a joint position on the merger of the two stock markets in Romania tomorrow. The idea of...
Wolfowitz: Get rid of corruption and spread your wings!
The statements of the US ambassador to Bucharest Michael Guest on corruption in Romania do not stand as a personal opinion but as the official point of view of the United States of America,...
$25m in conference and events
The Romanian market of conferences and events revolved around 800 billion ROL ($25m) in 2002, down 30% since the previous years, but is expected to bounce back this year due to a slight incr...
IMF and EU experts dispatched to cross-examine Romania
Romania has come under scrutiny these days. Both the International Monetary Fund and the European Union have sent experts to Bucharest to compare the data reported by the authorities against...