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Fuel excises go up
The excises levied on gas will go up by 85 euros/tonne following the modification of Emergency Ordinance 158/2001 (regulating excises) by another Government Ordinance, government sources sai...
Euroweb to go into VoIP
Shortly after PCNET's launch of voice over Internet Protocol (VoIP) services for international calls, another major Internet service provider in Romania, Euroweb has decided to enter the new...
Electrolux cookers go east
Swedish home appliances maker Electrolux raises the bet on Eastern Europe. The company announced it would transfer part of its cooker production from Italy, Germany and Sweden to Romania. Ro...
La Fourmi expects sales to go up 20%
La Fourmi, one of the first supermarket chains established on the Romanian market after 1990, estimates to sell more than 15 million euros' worth this year, that is nearly 20% higher compare...
Want to smoke a cigarette? Go out into the street
As of December 21, 2002, company employees are supposed to go out into the streets. Or at least they should get out of their offices, plants or factories, not to protest against some governm...
RomTelecom won't let go of Cosmorom
RomTelecom rules out the possibility of giving up its mobile telephony operator Cosmorom, in order to increase the efficiency of its operations. Moreover, RomTelecom has said it is determine...
Rates go even lower
ROL loans at 24-25% yearly interest. Nearly 50% lower than a year ago. This trend has taken speed in the second half and even the most bullish analysts could have hardly anticipated it. The...
RomTelecom may go to BSE in 2004
The Romanian State can sell the stake it will come to retain in RomTelecom on the stock exchange as of January 1, 2004, Communications minister Dan Nica announced after signing an agreement...
It is time for the ROL/USD exchange rate to go up again
The ROL/USD exchange rate seems to have reached a standstill, as the dollar's value in ROL has not budged lately. During their last visit in Romania, the representatives of the International...