to
3.824 articole · RSS
Standard & Poor's ready to upgrade Romania's ratings
A Romanian rating upgrade by US rating agency Standard &Poor's (S&P) is only a matter of time and has nothing to do with the possible onset of a war against Iraq. "We are about to complete R...
Piraeus Bank Romania plans to grow by itself
Greek Piraeus Bank is not planning, at least not for the time being, to expand on the Romanian market by buying another bank or by a merger, as its development plan for the next three years...
New SNP Petrom head tries to dodge rubber cheques scandal
During his first public appearance as head of SNP (National Oil Company) Petrom, Gheorghe Constantinescu tried to avoid dealing with the hottest topic on the energy market at the moment: the...
CSFB and RAEF to sell natural gases
A syndicate comprised of investment bank Credit Suisse First Boston (CSFB) and investment fund Romanian American Enterprise Fund (RAEF) will provide consulting services for the privatisation...
Dacia management and unions unable to reach compromise, general strike continues
The labour conflict at the Romanian carmaker Dacia Pitesti has worsened yesterday, during the second day of general strike. Both parties, that is the management and the strikers are holding...
$4m to hydrate La Fantana
La Fhantana, leader of the market of water distribution through the water cooler system, will invest some $4 million this year to double the number of subsidiaries nationwide and increase th...
Hilton to exceed $20m
Bucharest-based AthAénAée Palace Hilton last year posted turnover worth almost $20m, with estimates for 2003 targeting a 5-10% increase, Bert Fol, the hotel's general manager told Ziar...
AIG Life close to $10m
AIG Life Asigurari Romania (AIG Life Insurance Romania) last year collected 328bn ROL in gross premiums, up 66% in ROL from the previous year. If calculated in dollars, growth exceeded 50%,...
Alternative to RomTelecom in two months
The first commercial offers for the inter-county and local calls are likely to be launched in April or May, as soon as the telecom operators close internetworking deals with RomTelecom, Alex...