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Is Romania on the Peugeot map?
French group PSA Peugeot-Citroen is looking for a suitable place to host a 700 million-euro factory in Eastern Europe, with Romania mentioned as a possible location. Fiercer competition on t...
Riding in the 5,000 euro Dacia
"The X90 project, that is the 5,000 euro Dacia project, does exist; I've seen it, and I will even take a ride in it at the end of this week," says Christian EstAâ?ve, the general manager o...
Adamescu steps into the spotlight
The new owner of Astra insurance company and owner of the Unirea Shopping Center, Dan Adamescu stepped into the spotlight on Wednesday for the first time since 1990. He announced the investm...
The aftermath: mystery shrouds high school blast
Investigators had not determined last night the type of explosive device that was detonated on Wednesday evening at the Jean Monet High School in the Capita. They could not find the motive o...
What's with all these currency inflows on the Romanian market?
Massive currency inflows are finding their way to Romania and it's not just the foreign direct investment.The persistent surplus recorded on the forex market has forced the National Bank (NB...
BAT Romania slips into the red
British American Tobacco (BAT), leader of the local cigarette market, estimates it will post losses in Romania in 2002, for the first time in the past few years."Even though our profit in th...
Scuturat de uraganele bursiere si de concedieri masive, "The City" ramane in picioare
In regim de criza sau in timpuri prospere, The City ramane liderul negalat al pietelor financiare continentale. Introducerea euro, la care Marea Britanie a refuzat sa participe pentru moment...
It is time for the ROL/USD exchange rate to go up again
The ROL/USD exchange rate seems to have reached a standstill, as the dollar's value in ROL has not budged lately. During their last visit in Romania, the representatives of the International...
A quarter of Romanian tourism in the hands of 13 people
The hotel industry this year was the target of spectacular investments, due to the privatisation process, which led to a very high density in this sector. Consequently, a handful of managers...