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How to make money in uncharted territory: link banks to stores
This particular business model is already a pattern in the West: consumers go to a store that sells household devices, furniture or construction materials, decide what exactly they want to p...
Continental to invest another $10m
Contifluid, part of German group Continental, will invest more than $10m in building a plant in the Timisoara-based Friedorf industrial park. Radu Radoslav, head of the Timisoara City Hall U...
Aerostar Bacau to fix Boeing 737
Aerostar Bacau will perform maintenance works and repairs for Boeing 737 aircraft as of September, under the company's first external contract for civil aviation. "We already have firm contr...
Friesland to increase turnover
Friesland Romania, a subsidiary of Dutch dairy company Friesland Dairy & Drinks Group, last year posted turnover worth 29 million euros, up 26% since 2001. Friesland expanded last year from...
US to help Romania collect its debts
Romania will get US' support to collect its debts from Iraq and have its companies participate in the Iraq reconstruction projects, Public Finance minister Mihai Tanasescu said. The minister...
Aerostar dividends down to half
Aerospace and military equipment producer Aerostar Bacau last year posted 61.2bn ROL net profit and estimates to see it up by 2bn ROL in 2003. The gross dividend per share for the 2002 fisca...
Silvarom to sell more in Romania
Silvarom, one of the leading furniture makers in Romania logged nearly 15 million euro (463bn ROL) turnover last year, up 9% from 2001, general manager Andrei Menhardt told Ziarul Financiar....
Good reason to lock Romania out
Want to know one of the reasons why most of the major online retailers will keep refusing to let you in for a long time to come, just because you happen to be from Romania? Romania ranks fif...
Bank of America to assist Electrica
Bank of America will provide consulting services for privatising power producers and distributors Electrica Moldova and Electrica Oltenia, Doru Laurian Badulescu, head of the Office for Stat...