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Still long way to go before joining EU

The struggle between the forces promoting reform and those that would like to keep things as they are has not been resolved in Romania yet, Quinton Quayle, UK's Ambassador in Bucharest on Tu...

Razvan Voican · 11.03.2004 · 00:00 · 2 min
ZF English

Shell Romania posts long awaited profit

Shell Romania Group logged preliminary net profit of $5 million in 2003, as both its local operators, Shell Romania SRL and Shell Gas Romania, ended in the black, an unprecedented result, at...

Adrian Mirsanu · 16.02.2004 · 00:00 · 2 min
ZF English

Central bank remembers ROL's long tail

The ROL stands new chances of losing its ever-increasing tail of zeros. After an over one-year break, the National Bank (NBR) is bringing up again the need to denominate the domestic currenc...

Razvan Voican · 03.11.2003 · 00:00 · 3 min
ZF English

Flat tax, long awaited by foreign investors, opposed by trade unions

Romania is sitting on a project that may finally lead to a significant cut in the infamous red tape. This project can give Romania more leverage in the competition with the neighbouring coun...

Ziarul Financiar · 25.09.2003 · 00:00 · 2 min
ZF English

Video king is dead! Long live the DVD king!

No regrets. This is how Romanians choose to part with their video cassette recorders (VCR), as for the first time, sales of DVD players are set to be higher than those of VHS equipment this...

Ionut Bonoiu · 15.05.2003 · 00:00 · 2 min
ZF English

Tarom to keep losing in the long war

Tarom witnessed 11% decline in passenger traffic in Q1, this year, due to the conflict in the Gulf and to the SARS (Severe Acute Respiratory Syndrome). In case the current situation in the a...

Lucian Pop · 04.04.2003 · 00:00 · 2 min
ZF English

Long winter hinders store construction

Two of the foreign groups operating on the Romanian retail market, Germany's Rewe, through its cash & carry division Selgros and French Cora Group have seen for themselves how long the winte...

Ionut Bonoiu · 01.04.2003 · 00:00 · 2 min
ZF English

Markets can only hope it won't last long

The war has started. Yesterday morning, the Romanians woke up to the images of the first American missiles hitting the Iraqi capital. Last night, the news flashes had announced an imminent a...

Dorin Oancea · 21.03.2003 · 00:00 · 2 min
ZF English

Petromidia's long overdue debts unpayable

Petromidia Refinery, controlled by private oil group Rompetrol, will never be able to pay its long overdue debts to the state budget, because its indebtedness has reached the maximum level f...

Ziarul Financiar · 06.03.2003 · 00:00 · 1 min