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Petrom announces $430 million petrochemical investments
SNP Petrom, the largest company on the Romanian market, is planning to invest some $430 million throughout 2003-2007 in establishing new productive facilities, retooling the already existing...
Romanian Commercial Bank set to cut lending, announces currencies rate hike
The Romanian Commercial Bank (BCR), Romania's largest bank, yesterday announced a rate hike for the currency loans granted to both natural and legal persons. Interest rates will increase by...
Ilie Sarbu announces good crops
Agriculture minister Ilie Sarbu on Tuesday said there was no good reason to rise the wheat price, explaining the wheat crop currently amounted to 1.89 million tonnes, very close to the 2.5 m...
QAB announces 37% growth
Quadrant Amroq Beverages (QAB), Pepsi, Prigat, Lipton Ice Tea, Kick soft drinks and Perla mineral water bottler has announced 37% "growth" in Q2, over against Q2, 2002. The company officials...
Medsana announces plans to go public
Medsana announces plans to go public
Medsana announces plans to go public
Medsana Bucharest Medical Center (BMC), which is one of the largest private healthcare centres in Romania and entirely held by the Greek Company Athens Medical Center, announced its plans fo...
FRAI announces Banca Romaneasca is up for grabs
FRAI announces Banca Romaneasca is up for grabs
FRAI announces Banca Romaneasca is up for grabs
Romanian-American Enterprises Fund (FRAI) is planning to sell Banca Romaneasca (Romanian Bank) and is currently in talks with several foreign banking groups. On the other hand, the Romanian-...
Kishinev Parliament announces political changes
Kishinev Parliament's decision to modify the Constitution in order to grant greater power to the legislative marks a new stage in the relations between this institution and the presidency, b...