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Some Romanians can afford to turn down $20,000 monthly salaries
It has long been known that Romanians are not happy with their wages. Consequently, it is certainly surprising that some Romanian managers are refusing net monthly salaries that can go up to...
Some Petrom suitors only care about information
Most of the investors that backed out of Petrom's privatisation were actually looking to get a better picture of the oil market, without having any real interest in the privatisation whatsoe...
Cable TV ready for some rural action
The cable TV industry is getting ready to descend upon rural areas. This could be one of the main conclusions of the Annual Convention of the Cable Communications Association (ACC), which st...
IMF has some more issues to discuss
IMF's Bucharest office on Monday confirmed the new supplementary letter of intent with the Romanian Government was not finished yet. The fund expects to see "firm steps" to cut losses in the...
Popescu: Utility suppliers have turned into some sort of bank
Two years and a half since taking his position, Dan Ioan Popescu, former Industry and Resources minister and currently Economy and Trade minister admits temporary defeat to arrears. "As for...
Some fast, some feast
The companies in the foodstuffs industry have cut the long fast weeks short with tempting offers, which taught consumers they could eat something other than beans and potatoes. The results w...
Some companies cannot be privatised
Some of the 23 companies to shed jobs by the end of June will not be possible to privatise and will be closed, Ovidiu Musetescu, Privatisation minister yesterday said. "Some of them will unf...
Electrica has some $170m to recover
Electrica has more than 5,700bn ROL (some $170 million) to recover from the top ten industrial consumers, Ioan Damian, head of the company's Supplying Department said. Siderurgica Hunedoara...
I will have a Pentium 4, a sandwich and some coffee, please
The world recession of the IT business does not seem to have reached Romania, where sales keep going up. Still, now that the fierce competition has pushed the prices down, the profit margin...