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Sony Ericsson says no 3G this year
Romanians will not see any 3G mobile telephony services this year. At least this is what Radu Ionescu, Sony Ericsson official in charge of the Romanian operations, says. He is more optimisti...
Oil Terminal sees lower profit this year
Oil Terminal Constanta profits will keep decreasing in 2003. At least this is what the Spending and Revenue (S&R) budget estimates. The company hopes to make 22.8bn ROL in gross profit this...
Sssaxon milk? This spring, perhaps
The Saxon salami commercial is now history, but consumers are sure to remember it, as well as the name of the producer, Cris Tim, for a long time. The company plans to make the most of the p...
$2bn in debt payments this year
Romania's medium and long-term foreign debt contracted last year amounted to more than $1.8bn, with the total debt worth about $13.5bn by the end of last September, according to official dat...
BCR decision expected this month
Romanian authorities are set to decide on the privatisation of Banca Comerciala RomAâsna (Romanian Commercial Bank - BCR) this month. Privatisation minister Ovidiu Musetescu has said that...
Differences over this year's economic laws
The year 2002 came with a first time for the Legislative, as next year's budget was enacted in due legal time. Beyond the controversies about how this law was discussed and passed by Parliam...
Copos is worth $100m this year
Turnover of Ana Group will reach 100 million dollars this year, with profit estimated at about 10 million dollars, as more than 70% of the group's output is exported, said George Copos, chai...
Panagiotis Kargados can no longer be reached at this number
Less than a month before losing its monopoly on the Romanian telecom market and after having stirred tempestuous negotiations on its shareholding structure, RomTelecom is causing weekly surp...
Sibiu brokers expect 29,300 lei/dollar this month
Sibiu brokers expect 29,300 lei/dollar this month