has
153 articole · RSS
Conares has $25m for COST
The new owner of steel mill COS T=rgoviste (COST) - Russian-held Swiss company Conares Trading is planning to invest $21 million in the company in the next five years and to grant the plant...
Guest: Government has to take steps
"Corruption is not a hypothetical problem for Romania, it is as real as it gets (...) I cannot tell how many American companies left Romania because of corruption, but I know how many avoide...
Romanian soccer team has businessmen holding their breath
The Romanian soccer team did not make it to the 2002 World Cup in Japan, which was a disaster. After that resounding failure, everybody pinned their hopes on the European Football Championsh...
In Romania, the dollar has already won the war against Iraq
It took the US dollar only one day to bounce back to its early 2003 quotations, after almost three months of decreases. The National Bank of Romania (NBR) yesterday calculated an exchange ra...
Romanian economy has loads of money but cannot use it
Romania has no decent highways, no hospitals, no houses. But the country does have something else: money. However, how can someone have money and be unable to use it? Inflation and the lack...
Electrica has some $170m to recover
Electrica has more than 5,700bn ROL (some $170 million) to recover from the top ten industrial consumers, Ioan Damian, head of the company's Supplying Department said. Siderurgica Hunedoara...
Vodka advertising has even non-drinkers inebriated
Those who first set foot in Romania at the end of last year must have thought they had arrived in the land of vodka. The commercials for Stalinskaya, Kreskova, Dakk, Discovery and Voronskaya...
Ovidiu Tender has got his mind set on Libra Bank
The Tender group, owned by businessman Ovidiu Tender, has submitted a bid to acquire Libra Bank, with the final documents already filed with the National Bank of Romania, which is expected t...
Finance Ministry has major tax changes in store. For 2004
Since the 2003 budget has been endorsed by a law, next year will not see any major tax changes, Finance minister Mihai Tanasescu says. The significant modifications, either good or bad for t...