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Renault set to launch Dacia offer
Eagerly awaited for several months by the Stock Exchange speculators, the compulsory public takeover offer to be launched by Renault in order to delist Automobile Dacia may come much sooner...
Let's get back to early elections!
Immediately after the NATO summit in Prague and President George Bush's visit to Romania, the early elections issue was brought up again even more passionately. PM Adrian Nastase and PSD (So...
Crowne Plaza to pick up the growth pace
Bucharest-based Crowne Plaza hotel posted turnover worth $7.5m in the past fiscal year (which ended in September, according to international records). Turnover did not budge since last year,...
Romanian wines off to rediscover America
Millions of Romanian wine bottles used to reach the shelves of American supermarkets before 1989, due to a partnership concluded with soft drinks company Pepsi Cola. The exports of Romanian...
Global Finance to raise $20m for medium-sized business
Greek company Global Finance will raise 20-25 million dollars in cash for medium-sized businesses in Romania and Bulgaria by yearend, Ladislau Randjak, Global Finance general manager for Rom...
Romanian companies pay $500m to RomTelecom
The telecommunications market in Romania has increased 17.64% in a year, from $1.7bn in 2001 to about $2bn in 2002, according to a survey released by Roland Berger Strategy Consultants. The...
Ukrainian attempt to sabotage Romania's NATO accession
The Ukrainian authorities filed a complaint against Romania to Brussels and Washington, accusing it of territorial claims and procrastination of delimiting the continental plateau and the ex...
Carrefour grows to 35 hectares, invests in retail-park and entertainment
The first hypermarket in Romania, which was opened last year by French group Carrefour, the European distribution leader, under an investment worth 35 million euros, will turn into a commerc...
RomTelecom may go to BSE in 2004
The Romanian State can sell the stake it will come to retain in RomTelecom on the stock exchange as of January 1, 2004, Communications minister Dan Nica announced after signing an agreement...