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End of a growth cycle or mere fault?
Industrial output in absolute volume fell some 2% in February compared with the same month of last year, the first serious break in the upward trend of this index since 2000.The National Sta...
Policolor in search of buyers and profit
"There comes a time when any financial investor starts looking for a buyer, which is usually a strategic investor. This is what's happening at Policolor now. This is a time when the activity...
Storm raging over one third of the world's oil
The ultimatum given by American President George W. Bush to Saddam Hussein expired last night. Our newspaper, which closes at 19.00 hours, has the ingrate mission of informing you about even...
The last day of Hussein's regime
US President George W Bush has relinquished all diplomatic efforts and gave Saddam Hussein a 48-hour ultimatum on Monday night, demanding him to leave Iraq. The ultimatum expires on Wednesda...
Chance of good money from privatisation missed?
The privatisation market in the Central and Eastern Europe is not what it used to be back in '95-'96, when countries like Poland and Hungary sold their most important companies. Romania miss...
Romanian environment in need of $20bn
Romania needs about $20-$21bn for financing environmental projects aimed at ecological reconstruction. EU, the banks and international bodies have allotted one billion dollars for this purpo...
RAEF out of Raiffeisen Bank
Austria-based Raiffeisen Zentralbank Oesterreich (RZB - Austria) bought Romanian American Enterprise Fund (RAEF)'s 4.99% stake in Raiffeisen Bank Romania. RZB therefore has come to hold 99.2...
Romania riding high in the European top of hefty taxes
Romania is among the top European countries in terms of high taxes the companies have to bear in order to pay their employees, which actually is the main reason for the salaries of Romanians...
Samsung eyeing 8-10% of Romanian market
Samsung Electronics, the world's third-largest mobile phone producer, has officially entered the Romanian market. The Samsung terminals will be distributed by HAT Romania, branch of the Isra...