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Strabag sells if offered right price for Marriott
Austrian-based Strabag, the main shareholder in JW Marriott hotel, is prepared to sell part of the shares it holds in the Bucharest hotel. "We have not settled on a price with Mr. Taher," said Christian Ebner spokesman of the Strabag group, who explained why n...
Beau Roberts, BitDefender: The price is right
The price paid by the investors that have recently taken over a minority stake in Romanian producer of IT security solutions BitDefender was the right one, believes Beau Roberts, BitDefender...
Covalact must be sold at the right moment
Dairy producer Covalact forecasts turnover for this year worth 16 million euros, 15% higher in comparison with 2005. The Sfantu-Gheorghe-based company, which is in partnership with the Dutch...
Left is good, right is wrong. Why?
In Berlin on Tuesday I managed to grab an hour between a long lunch and a considerably longer dinner to visit the newly opened Memorial to the Dead Jews of Europe. Set over a vast plot on th...
Bucharest Stock Exchange starts off on the right foot in 2005
Bucharest Stock Exchange starts off on the right foot in 2005
Budget starts off on the right foot
The consolidated budget situation shows 10,504.9bn ROL excess for January, following the relatively low spending level in this period, the Finance Ministry says. Revenues amounted to 61,144....
What is the right price of Brasov-Bors motorway?
The budget allocated for the Brasov-Bors motorway, a contract directly awarded to US-based Bechtel is 2.242bn euros, VAT not included, US Embassy sources say. Thus, the costs for building on...
Season start on the right foot
The high demand for holiday packages in the resorts in Valea Prahovei (Prahova Valley) and the snow on the slopes have boosted the revenues of the businesses in the region. "The take-up of t...
Pre-emption right accepted for Petrom
The minority shareholders of SNP (National Oil Company) Petrom, the largest company in Romania, will be allowed to participate in the capital increase of Petrom side by side with the strateg...