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Sanevit reborn as Sanevit 2003
The transfer of Arad-based Sanevit Company, a producer of syringes and single-use medical needles, from Banking Assets Resolution Agency's (AVAB) portfolio into that of the Health Ministry,...
Talks with IMF as of October 20
The negotiations for a new precautionary arrangement-type stand-by agreement with the International Monetary Fund (IMF) will begin on October 20, when a delegation of the financial instituti...
Trade deficit widens, as imports outpace exports
Romania's trade deficit in USD had gone beyond three billion dollars by late July, following an about 40% increase in the first seven months of the year compared with the same time in 2002....
As fi putut sa-i spun lui Arafat inca de atunci ca faramitarea pamanturilor nu e buna
Stefan Poenaru este singurul agricultor de meserie prezent in topul primilor zece cultivatori de pamant de la noi. Chiar cu o luna inaintea Revolutiei fusese ales in prezidiul PCR, lucru car...
Mosilor Avenue back in fashion, as downtown prices soar
The scarcity of high-quality commercial spaces in Bucharest has put a traditional commerce area back into the spotlight. And since prices are two or even three times smaller than on the Capi...
Chio sees new chips as sales boosters
Faced with serious competition and sales determined to stand still, the Chio chips maker early this year decided it needed to launch an aggressive campaign, as well as new products. "We were...
Sales in instalments to produce effects as soon as of next year
The furniture market will increase 10% for its second consecutive year, despite of a somewhat poorer exports performance for the first part of this year, analysts in the field estimate. The...
Romanian business: ARO entails same production costs as BMW
Paying 5,000 to 15,000 euros for a car that cost more than 38,000 euros to make seems like a bargain, does it not? Well, this is not a BMW or Mercedes promotion, this is about the Aro vehicl...
National Bank Governor deems taxation as "suffocating"
The taxation burden in Romania is heavier than shown by figures at first sight, even if compared with the levels in other countries in the region. Businesspeople have been saying this for ye...