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New owner of BCR won''t be known until December

The two financial groups, Erste Austria and Millennium BCP (Portugal), vying for the takeover of Banca Comerciala Romana, the last major state-controlled bank in Eastern Europe, have one wee...

Adrian Mirsanu · 24.11.2005 · 19:52 · 3 min
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Thriving Petrom posts nine-month profits of 389 million euros

Petrom expects to make 10.97bn RON (some 3.07bn euros) in turnover in 2006 and net profit of 1.97bn RON (some 552 million euros), a company release shows. The 2006 indicators were calculated...

Adrian Mirsanu · 23.11.2005 · 20:17 · 2 min
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Sales of free and subsidised drugs fall in relation to H1

Pharmaceutical companies sold fewer subsidised and free drugs in the third quarter of this year as compared with the end of the first half of the year, with consumption of this category of d...

Ziarul Financiar · 18.11.2005 · 19:23 · 2 min
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Esplanada, emblem of Bucharest?

Works on the Esplanada real estate project could start next spring once the contract with the multinational company Trigranit, the developer of the project has been signed, delegate minister...

Ziarul Financiar · 16.11.2005 · 19:30 · 1 min
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RomTelecom sees growth of business clients

The number of business clients for RomTelecom''s broadband Internet and data solutions increased from 1,000 in March to 8,000 in October, stated Vasile Voicu, the head of the telecom operato...

Ziarul Financiar · 15.11.2005 · 18:58 · 1 min
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Sales of PET bottled beer boost Interbrew turnover

PET bottled beer has been the growth engine of one of the top three brewers on the domestic market, Interbrew, producing Bergenbier, Stella Artois, Beck''s and Noroc brands, which has bolste...

Dana Ciriperu · 15.11.2005 · 18:56 · 2 min
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Plus estimates discounters will cover 40-45% of retail market

Plus, a network of discounter stores, part of the German group Tengelmann, estimates that this kind of store will come to account for more than 40% of the overall Romanian retail market in t...

Lavinia Marin · 15.11.2005 · 18:55 · 2 min
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Wireless Internet cover for the whole of Bucharest

The people of Bucharest could soon connect to wireless Internet, wherever they are in the city. "The city should be covered by a WiMax-type wireless Internet connection (which is a more adva...

Mihai Musatoiu · 10.11.2005 · 19:23 · 2 min
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Former owner of Pharmatech Targu-Mures enters cosmetics industry

Mioara Sipos, one of the two founders of the pharmaceutical company Pharmatech, a business sold to Lek group in late 2000, will start a project linked to the production of dermato-cosmetics...

Ziarul Financiar · 09.11.2005 · 18:25 · 2 min