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Germany's Commerzbank in talks to buy 51.5% in RoBank
Commerzbank, Germany's fourth-largest bank, is looking at several options to develop its Romanian-based business. The Germans are mulling the takeover of the main stake in RoBank, owned by B...
Michelin to leave losses behind
Two years after its Romanian debut, French group Michelin expects to reach 90m euros in turnover this year. Michelin will operate a 27m-euro capital increase for its two Romanian-based plant...
More IMF negotiations to follow next year
Talks between Government officials and the International Monetary Fund (IMF) delegation over a new one-year agreement will resume early next year. IMF's chief-negotiator, Neven Mates ends hi...
Economy unable to met domestic demand, pushes imports up
The Romanian economy seems unable to meet domestic demand, which, at this point, is fuelling imports instead. "We are at a crossroads. Once more, we are waiting for the Romanian economy to r...
Cosmorom fate to be decided soon
RomTelecom shareholders will soon meet to discuss the situation at the company's mobile telephone unit Cosmorom, Communications minister Dan Nica (photo) said yesterday. "We will soon have t...
Cosmorom fate to be decided soon
RomTelecom shareholders will soon meet to discuss the situation at the company's mobile telephone unit Cosmorom, Communications minister Dan Nica (photo) said yesterday. "We will soon have t...
Economy unable to met domestic demand, pushes imports up
The Romanian economy seems unable to meet domestic demand, which, at this point, is fuelling imports instead. "We are at a crossroads. Once more, we are waiting for the Romanian economy to r...
More IMF negotiations to follow next year
Talks between Government officials and the International Monetary Fund (IMF) delegation over a new one-year agreement will resume early next year. IMF's chief-negotiator, Neven Mates ends hi...
Intersport to open store in Romania
Intersport, the world's largest sporting goods retailer, will open a store in Romania next year, through Genco Electric, a company held by Greek group Fourlis, which also owns the Intersport...