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Termoelectrica borrows more to pay debt
Termoelectrica borrows more to pay debt
BRD to pay heftier dividends
BRD (Romanian Development Bank) - Groupe Société Générale, the second-largest bank in Romania, will pay bigger dividends this year, due to laxer regulations on the legal reserves. "Our divid...
$1m promotions pay off
Charcuterie producer Caroli estimates sales of 18m euros this year, up 56% from 2002. The increase came after the company invested $1m in promotions. The company reported sales worth 11.5m e...
$1m promotions pay off
Charcuterie producer Caroli estimates sales of 18m euros this year, up 56% from 2002. The increase came after the company invested $1m in promotions. The company reported sales worth 11.5m e...
Advent to pay $43.7m for Terapia
American investment fund Advent International on Friday published the preliminary announcement of the tender offer for all the shares of the Romanian drugmaker Terapia Cluj-Napoca. The offer...
Romanians pay for three out of ten CDs, BSA says
Software piracy rate in Romania went down five percent in only one year, reaching 70% by late 2002, as announced by the Business Software Alliance (BSA), the association representing the sof...
Eforie investments to pay up in 14-15 years
Investments in the two hotels in Eforie Nord bought by the Ana Group will be recovered in 14 or 15 years, George Copos, the group's owner and founder estimates. "A tourism investment normall...
Pay phones envisioned by 51 companies
The only operator capable of challenging RomTelecom's reign on the Romanian fixed telephony market at the moment could be Societatea Nationala a Cailor Ferate (National Railway Company). At...
Romanian companies pay $500m to RomTelecom
The telecommunications market in Romania has increased 17.64% in a year, from $1.7bn in 2001 to about $2bn in 2002, according to a survey released by Roland Berger Strategy Consultants. The...