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Napolact builds another ice cream factory
Dairy producer Napolact SA will invest in an ice cream factory this year, Gerbrand de Boer, general manager of Friesland Romania, which holds 40 percent in Napolact told Ziarul Financiar. Th...
OTE would bet another $500m on mobile telephony in Romania
OTE Telecom shares plunged to a new yearly low during yesterday's trading session of the Athens Stock Exchange, as soon as the Greek company announced it might allot up to half a billion eur...
Univers' all investing another 15m euros
Univers'all Company is planning to open three new supermarkets this year, following an investment worth approximately 15 million euros, general manager Octavian Baltac said. "The market surv...
IMF wants another memorandum
The Nastase Cabinet is not going to break free of the stand-by agreement any time soon. Updated and extended until August 2003 due to repeated delays, the programme needs one more memorandum...
Another eight Hercules planes for the Romanian Air Force?
Those that flew to Kabul in a C-130 Hercules are mainly talking about the long trip and the freezing cockpit. Still, they are also happy they made it to Kabul and back. The four Hercules pla...
Volksbanken to invest another 3m euros
The Austrians from Volksbanken AG are planning to invest almost three million euros to increase the capital of the group's Romanian branch. By the end of January at the latest, the Bucharest...
Another yearend question: why are we paying a management fee?
It became obvious last year that the golden era of mutual investment funds had ended. However, virtually no one expected so many investment funds to go to the other extreme in 2002, when the...
Another American business goes down the drain
It seems Romania is not quite the best place for the major American businesses, yet: the leading propane distributor in the US, UGI Corporation ($2.5bn in annual revenues) and its partners h...
Another 2.8bn euros in EU financial aid
There is one good thing about not joining the European Union in 2004: financial support worth about 2.8 billion euros, which the European Commission will grant Romania in 2004-2006, under th...