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Romanians to be allowed to take any amount of foreign currency out of the country

Several weeks ago, the central dailies wrote that Gigi Becali, owner of the Steaua Football Club, allegedly crossed the border with almost 300,000 euros in cash, aiming to award his players...

Ionela Nuta · 19.12.2003 · 00:00 · 2 min
ZF English

US-based Cargill to take over Comcereal

US group Cargill, one of the world's largest processors and distributors of agricultural products, will soon launch a $22m public offering to take over Comcereal SA, Romania's largest grain...

Laurentiu Ispir · 18.11.2003 · 00:00 · 2 min
ZF English

US-based Cargill to take over Comcereal

US group Cargill, one of the world's largest processors and distributors of agricultural products, will soon launch a $22m public offering to take over Comcereal SA, Romania's largest grain...

Laurentiu Ispir · 18.11.2003 · 00:00 · 2 min
ZF English

US giant PepsiCo in talks to take over Quadrant Amroq Beverages

American giant PepsiCo is in talks to take over the group that holds the Pepsi franchise for Romania - Quadrant Amroq Beverages (QAB), according to market sources. Quadrant's shareholders ha...

Claudia Covaci · 31.10.2003 · 00:00 · 2 min
ZF English

Austria's Lasselsberger likely to take over ceramics company Sanex

Austrian group Lasselsberger, one of Europe's largest construction materials groups, is in talks for the takeover of 67.4% in Sanex Cluj Napoca, Romania's biggest ceramic tiles maker. The tr...

Adrian Mirsanu · 23.10.2003 · 00:00 · 2 min
ZF English

Disgruntled Petrom employees threaten to take Ministry of Economy to court

The authorities' method to privatise Romania's largest company, SNP (National Oil Company) Petrom is fiercely contested by the powerful association of the company's employees, led by Liviu L...

Adrian Mirsanu · 01.10.2003 · 00:00 · 2 min
ZF English

Disgruntled Petrom employees threaten to take Ministry of Economy to court

The authorities' method to privatise Romania's largest company, SNP (National Oil Company) Petrom is fiercely contested by the powerful association of the company's employees, led by Liviu L...

Adrian Mirsanu · 01.10.2003 · 00:00 · 2 min
ZF English

Justice and truth take off on Sunday

PNL (National Liberal Party) and PD (Democrat Party) on Sunday, after months of negotiations, will sign the co-operation protocol stipulating that they would have joint slates for the legisl...

Ziarul Financiar · 25.09.2003 · 00:00 · 2 min
ZF English

Fast-spreading borrowing frenzy forces Insurance Supervision Commission to take steps

The fast-spreading crediting frenzy among individuals has alarmed not only the banking system supervision authorities but also the insurance supervisors. The sales of credit and guarantee in...

Ziarul Financiar · 12.09.2003 · 00:00 · 2 min