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Post Office gets eight bids for fixed telephony project
Although RomTelecom is complaining about its finances, the telecoms market is coveted by numerous players: the Romanian Post Office has eight potential partners to choose from, in order to m...
Energy sector gets $85 million
The World Bank (WB) next year will grant Romania an $85 million loan to cover part of the funding required by a $110m project aimed at the energy market and at retooling the electrical power...
ABB gets $30m less than expected
Swiss-Swedish group ABB will register only $65-$70 million in orders on the Romanian market this year, down from the $78 million logged in 2001 and the $100 million forecast for 2002."We can...
UniCredito gets to work
The effects of Demirbank Romania's takeover by Italian group UniCredito are already apparent, as the new owners wasted no time in getting to work. The Italians have already been to Bucharest...
UniCredito gets to work
UniCredito gets to work
Angel Airlines gets first aircraft
Angel Airlines gets first aircraft
Angel Airlines gets first aircraft
Angel Airlines, a new company operating on the Romanian market of passenger air transportation, will buy five aeroplanes this year. The first, a Jetstream 32 aircraft manufactured by British...
Clash on card market gets fiercer
Clash on card market gets fiercer
Clash on card market gets fiercer
The card culture in Romania is still not widespread, as many people would rather "feel" the money in their hands. However, more and more banks having tested the waters so far are making the...