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Power from domestic output only

Power consumption on the Romanian market will be secured from the domestic production capacities only, without resorting to energy imports, according to the Romanian Economy and Trade minist...

Adrian Mirsanu · 28.08.2003 · 00:00 · 1 min
ZF English

Will commercial space tenants prevail over owners in two years from now?

Many companies are waiting to enter Romania, but cannot seem to find the right space. It is not about halls, warehouses or offices, but about a piece of commercial property so that they coul...

Bogdan Neagu · 15.08.2003 · 00:00 · 2 min
ZF English

MOL targets regional expansion, buys 23 stations from Shell Romania

Hungarian oil group MOL signed a contract for buying 23 Shell gas stations on the Romanian market in Budapest on Tuesday night, following a secret deal whose value remains undisclosed. Shell...

Adrian Mirsanu · 31.07.2003 · 00:00 · 2 min
ZF English

First time on domestic market, AND takes syndicated loan from Romanian banks

A first time for the Romanian financial market: a company, even if state-owned, manages to get a syndicated ROL-denominated loan from Romanian banks instead of getting it in foreign currency...

Ionela Nuta · 29.07.2003 · 00:00 · 2 min
ZF English

High prices chase tourists away from the seaside

The occupancy rate of seaside hotels amounted to 41-42% in the first days of July, much lower than last year, Transports, Constructions and Tourism minister Miron Mitrea said on Wednesday. T...

Bogdan Neagu · 25.07.2003 · 00:00 · 1 min
ZF English

Finance Ministry keeps banks away from T-bills

The financial market has lost its benchmarks, few as they were. The three-year T-bill issues have been nothing more than a "formal" instrument for two months now, which the Finance Ministry...

Razvan Voican · 25.07.2003 · 00:00 · 2 min
ZF English

Transelectrica gets $82m from World Bank

Public Finance minister Mihai Tanasescu and World Bank's director for Central and Southern Europe Andrew Vorkink signed an $82 million loan agreement to fund the project to establish the ele...

Ziarul Financiar · 16.07.2003 · 00:00 · 1 min
ZF English

Star Foods, from potato chips to women's accessories

Better known to consumers both as a producer and distributor of potato chips and snacks, Star Foods Romania has decided to invest on the non-food market as well. The company is planning to b...

Claudia Covaci · 15.07.2003 · 00:00 · 1 min
ZF English

Noble Ventures now looking to get $350 million from the Romanian State

U.S. company Noble Ventures has raised the amount requested as damages from the Romanian State in the lawsuit it filed in Washington, after having been ousted from Resita Steel Mill (CSR). T...

Bogdan Neagu · 15.07.2003 · 00:00 · 2 min