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PCs and home appliances, online best-sellers
The business-to-consumer (B2C) electronic commerce in Romania amounts to approximately $2 million this year, according to estimates of top players. They anticipate an upward trend for 2003,...
EU accession, four years and 3bn euros away
The EU Summit held in Copenhagen at the end of last week did not bring any surprises, although tension prevailed over debates until the very last minute. It resulted, as anticipated, in 10 n...
BCR may open for IFC and EBRD
Premier Adrian Nastase has made up his mind about the privatisation of Banca Comerciala RomAâsna (Romanian Commercial Bank - BCR), after two failed attempts to find a strategic investor. N...
Americans interested in oil and energy
The main economic sectors likely to attract American investments are the energy and oil industry, while the privatisation of Banca Comerciala Romana (Romanian Commercial Bank -BCR) will prob...
ING Romania - best debt house and best equity house
British magazine Euromoney has named ING Romania best debt house and best equity house in Romania, for the second year in a row. "We missed the 'best M&A house' award, as the privatisation m...
SNR and RCS & RDS join forces
Societatea Nationala de Radiocomunicatii (National Radiocommunications Company - SNR) will use the fibre optics network of the Romania Cable Systems & Romania Data Systems (RCS & RDS) group...
Raiffeisen Bank and AIG Life team up
Raiffeisen Bank Romania has decided to become more involved in the insurance field. Although considering 2003 will be the life insurance year, the bank has chosen not to venture alone on thi...
Alro and BBG Alum's $12m dispute
Alro Slatina got only one month of peace. Following a privatisation that started last year and ended in October 2002 after the capital increase from Marco International, the current majority...
Majestic and Dorobanti bring 330 more rooms on hotel market
New accommodation facilities will be available on the Bucharest hotel market next spring: the Howard Johnson Plaza Hotel (the former Dorobanti) and a new wing at the Majestic, following inve...