industry
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Petroconst investor expands to beauty industry
Constanta businessman Dumitru Cilibia who holds 25% in Petroconst Constanta, a company specialising in main line construction and offshore rigs installation, intends to expand to the beauty...
Industry and trade revenues on the rise
The companies dealing in industry saw 5% turnover growth in the first eleven months of last year in real terms, compared with the same time in 2002. The data supplied by the National Statist...
Hi-tech industry in Romania - many employees, low revenues
Romania is among the Central and Eastern European countries with the most people working in the hi-tech industry and services. However, the revenues per employee are among the lowest as comp...
Most important deal in Romanian IT industry ever becomes final
The Romanians that used to work on the development of the RAV antivirus programme acquired by Microsoft from GeCAD Software have already settled in the US along with their families. They are...
Ruhrgas and Wintershall readying weapons for gas industry privatisation
Germany-based Ruhrgas and Wintershall, two of the largest natural gas companies in Europe have already made the first moves of their strategy to participate in the privatisation of the two m...
Industry, slower in August
Industrial output has slowed down its growth pace in August, following the 6% peak in July. The output in the first eight months went up 3.3% compared with the corresponding period of 2002....
Gas prices, Chinese imports smash glassware industry to pieces
The estimated rise in gas prices will heavily impact on the glassware industry, which will have to cut jobs and downsize production, analysts claim. Furthermore, another medium-term menace i...
Mihai Lungu makes comeback to meat industry
Mihai Lungu, the former Agriculture Ministry state secretary, has returned to charcuterie producer Gourmet - the company he created in the early '90s, after supervising the sugar industry an...
LNM Holdings eyes bigger slice of Romanian steel industry
Steel group LNM Holdings, owner of the main stakes in Ispat Sidex and Tepro Iasi, may significantly increase its presence on the Romanian market this year. LNM is the only group to have subm...