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OMV says it can afford to buy Petrom on its own
Austrian oil group OMV, one of the ten candidates still in the race for Petrom says it has the necessary financial strength to buy the largest company on the Romanian market on its own. At t...
OMV says it can afford to buy Petrom on its own
Austrian oil group OMV, one of the ten candidates still in the race for Petrom says it has the necessary financial strength to buy the largest company on the Romanian market on its own. At t...
Zapp is looking for another $100 million to expand its business
Telemobil, the operator of the mobile telephony network Zapp, is in advanced talks over getting a foreign funding worth approximately $100 million, which money will be used for network expan...
Astral Telecom spends $2 million on its looks
Astral Telecom started out as a cable TV operator ten years ago. It then became an ISP, as well, and is to turn into an integrated communications operator, which includes local telephony for...
It's wine expansion time
Domestic wine producers are beginning to think of expansion and are buying vineyards, after having chiefly focused on investments and, more recently, on image. Halewood Romania, the company...
Quadrant Amroq Beverages to build its second factory in Romania
Quadrant Amroq Beverages (QAB), Pepsi's bottler in Romania will invest $7 million in building a new factory in Covasna. The factory to be dedicated in May next year is something special, ind...
US to help Romania collect its debts
Romania will get US' support to collect its debts from Iraq and have its companies participate in the Iraq reconstruction projects, Public Finance minister Mihai Tanasescu said. The minister...
General Electric got its mind set on Turbomecanica
The world's largest industrial group, General Electric, is in talks to set up a joint venture together with Romanian aeronautics company Turbomecanica Bucharest, sources close to negotiation...
General Electric got its mind set on Turbomecanica
General Electric got its mind set on Turbomecanica