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New look for top three player
A new logo and organisational structure. This is how Daewoo Electronics plans to become a top three electronics and home appliances company in Romania in three years from now. "It is hard fo...
$118m for Constanta Sud Harbour
The new container terminal in the Constanta Sud (South) Harbour that became operational yesterday will boost the capacity of one of the largest Black Sea ports, Constanta, by over 60%. The i...
New look for top three player
A new logo and organisational structure. This is how Daewoo Electronics plans to become a top three electronics and home appliances company in Romania in three years from now. "It is hard fo...
$118m for Constanta Sud Harbour
The new container terminal in the Constanta Sud (South) Harbour that became operational yesterday will boost the capacity of one of the largest Black Sea ports, Constanta, by over 60%. The i...
RoBank for sale
The National Bank of Romania (NBR) has requested Balli Group to sell its stake in RoBank by the beginning of next year. Asigurarea Anglo - Romana (Anglo-Romanian Insurance) will broker the t...
Profit tax to be calculated annually, 5% drop envisioned for 2005
The Romanian companies have to wait until 2005 to escape the hassle of declaring the profit tax every three months (and even every month in the case of banks). According to the Finance Minis...
GeCAD on the lookout for special software ideas
Five months after selling the RAV anti-virus technology to Microsoft, GeCAD Software, the company run by businessman Radu Georgescu is on the lookout for ideas. Not just any ideas, however,...
2m euros for cement packaging
Austrian producer Frantschach Industrial Packaging (FIP) will invest some 2m euros as of next year, to expand the capacity of its recently acquired Bucharest-based plant. "The plant has only...
HVB still contemplating Banca Tiriac for expansion
HVB Bank keeps sizing up Banca Tiriac in view of a possible takeover, says Friedrich Kadrnoska, Bank Austria Creditanstalt vice-president in charge of the Central and Eastern European operat...