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Change of management at Rolast
The main shareholders of synthetic rubber parts maker Rolast Pitesti, three investments funds, last week decided to replace the management team. The changes in the management structure occur...
RomTelecom won't let go of Cosmorom
RomTelecom rules out the possibility of giving up its mobile telephony operator Cosmorom, in order to increase the efficiency of its operations. Moreover, RomTelecom has said it is determine...
Scent of success for Ina Center
Expansion of the store network, the launch of new products and the disappearance of duty-free shops will help Ina International, the cosmetics importer and distributor, to achieve sales wort...
Rate cuts boost sales of home appliances to all-time highs
Rates are going down. Rates go even lower. Rates won't stop from shrinking. Ziarul Financiar has pretty much bored its readers this year with this particular information. However, it's now t...
$100m of Oltchim debts swapped for equity
Petrochemical plant Oltchim Ramnicu Valcea started operations and debt restructuring procedures in view of privatisation. The company has called an Extraordinary General Meeting of the Share...
SIF Transilvania wants out of ARDAF
Societatea de Investitii Financiare (Financial Investment Company - SIF) Transilvania is planning to liquidate its 17.28% interest in ARDAF, after having "fought" for control over the insura...
Twelve years of privatisation later, the state is still the business leader
After twelve years of privatisation, with some of the deals even hailed as historical, the state-owned economy has managed to stay afloat and even tower over the biggest Romanian businesses....
Carrefour thinks of pedestrians
Carrefour, the European distribution leader, and French group Vinci, the construction and concession leader, will open the Orhideea shopping complex to include the second Carrefour hypermark...
Five or six ministries out of the picture
Given that the early parliamentary elections issue is far from being cleared up, PM Adrian Nastase is thinking of testing another Government reshuffle option, which will be much simpler and...