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Who's the fastest growing of them all? The IT&C industry, of course!
The only industry in which the State almost does not matter any longer and which has not inherited any kind of mastodon plants will stand out by its growth pace in 2003 again. At least this...
Bulgaria still ahead of Romania
Romania will not see an improvement in its investment risk rating unless the macroeconomic stabilisation policies and structural reforms are conducted more rigorously, the analysts of Americ...
Romania, Alcatel's island of growth
Alcatel Network Systems Romania concluded 2002 with $110 million turnover, up 15% since 2001, general manager Dan Bedros said."Despite our receding cooperation with RomTelecom, we have been...
A mystery worth $46m: who's the new owner of Terapia?
The best offer received by the shareholders of drugmaker Terapia for the company amounts to 46 million dollars, sources close to the transaction say. The winner has not been named yet, altho...
Tarom: never-ending story of losses and resignations
The unexpected resignation of Tarom's manager Alexandru Szlivka throws the national air carrier - in the red for many years, into an unstable situation. "Personal reasons" have prompted thre...
Three years of growth
Romania registered 5% of GDP economic growth in 2002, exceeding the 4.5% target, National Bank of Romania (NBR) Governor Mugur Isarescu on Wednesday stated. He says this performance came wit...
2003, the year of functional market economy
Privatisation of the state-run farming companies has to be completed by yearend, as does the sale of the stakes held by the State in the large and very large companies included in the PSAL a...
End of an era: SNP Petrom's Ion Popa steps down
Industry and Resources minister Dan Ioan Popescu yesterday approved the resignation of Ion Popa, who stepped down from his position as general manager of SNP (National Oil Company) Petrom. P...
Marko wins, Tokes out of the picture
The alleged UDMR (Democratic Alliance of Hungarians in Romania) split no longer seems actual. Marko Bela simply dominated his opponents at the UDMR Convention held in Satu Mare at the end of...