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Draft on holiday tickets debated
The Tourism Ministry and the leaders of the employers' associations and union confederations are currently debating a law draft to grant employees "holiday" tickets similar to meal tickets....
No Romanian cash on foreign markets
The partial deregulation of the capital account as of this year, that is the possibility to directly invest on the foreign capital markets, has not shown in the level of the funds Romanians...
Talks on new telecom company
A Hong Kong-based telecommunications company, with billions of dollars in annual turnover, will send its representatives to Bucharest this week to decide whether establishing a new telecom o...
Alpha Bank pushes for retail, relies on corporate
Four offices by the end of July, three new products by May, new lending facilities by cards. These are some of Alpha Bank's retail expansion projects, along with the development of the corpo...
Strike and counterstrike on international telephony market
The deregulation of the Romanian telecommunications market pushes for a change in the strategy of the two major mobile telephony operators, Connex and Orange Romania. As telecom analysts had...
Moldovan wheat joins wine on Nasdaq
When it comes to going global, Kishinev sometimes manages to take everybody by surprise. The leading seed producer in the Republic of Moldova, Millagro, is set for an $8.25m takeover by the...
Speculators call the shots on BSE
After an optimistic start of the year, the stock prices are beginning to slide. The Stock Exchange, however, allowed for a 6-7% average gain in January compared with the last trading session...
Amroco spends $40m on oil development
US-based Amroco this year will invest $30-$40 million in the development of 11 natural gas deposits in Romania, following a partnership with Romgaz, Industry and Resources minister Dan Ioan...
Nastase, Medgyessy and Kovacs meeting on UDMR grounds
Prime Minister Adrian Nastase, his counterpart in Budapest Peter Medgyessy and Hungary's Foreign minister Laszlo Kovacs (the Hungarian Socialist Party leader), will attend the UDMR (Democrat...