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Vlad Stan could get several millions of euros from Vodanet exit
Vlad Stan, one of the top five managers in the Romanian online industry, could collect several million euros from the sale of the 40% stake he holds in the online publishing company Vodanet Media, which he created over seven years ago. Stan announced his resig...
Drought causes tens of millions of euros in losses
The big agricultural cultivators will see tens of millions of euros in losses caused by this year's drought, which has affected more than half of the cultivated areas and particularly wheat...
Rompetrol to sue Romanian state for hundreds of millions of dollars
Rompetrol will file suit with a World Bank arbitration court for damages incurred as a result of actions taken by institutions of the state. The central elements of the case include a letter...
SPVs used by international banks to invest hundreds of millions of dollars in Romania
SPVs used by international banks to invest hundreds of millions of dollars in Romania
Lack of foreign investment sends millions of Romanians working abroad
The terror attacks in Madrid have forced the Romanian authorities to publicly tackle a fact that everybody is already well aware of: increasingly more Romanians are going to work abroad and,...
Ecological dumpsites collect millions of euros annually
Environment protection has Romania striving to meet EU standards, but has also engendered a highly profitable business: ecological dumpsites. The business of ecological deposits has huge pot...
Hundreds of millions of dollars for cleaner tap water
The catastrophic state of the infrastructure for water treatment, purification and supply in Romanian cities has given birth to a huge business, estimated at several hundred million dollars...
$7 million's worth of Danish security systems
Group 4 Falck Romania, branch of a Danish security service group estimates to make twice last year's turnover in 2003. After having set foot in Romania by taking over the Valahia private sec...
Illegal transfers worth millions of dollars
The Parliament Commission controlling the activity of SRI (Romanian Intelligence) on Wednesday released a report according to which Romanian companies held by foreign citizens (mostly Arabia...