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Oltchim to increase share capital by 20 billion lei
Oltchim shareholders on August 11 are to approve the company's share capital increase by almost 20 billion lei as the Court of Accounts has verified a previous reassessment of the company's...
BA/CA Romania to benefit from HypoVereinsbank deal
Bank Austria Creditanstalt (BA/CA) Romania chairman Dan Pascariu believes that HypoVereinsbank taking over Bank Austria will have a positive impact on the Austrian bank's business in Romania...
How to become a "regional leader"
Perhaps Mr. Constantinescu's surprise decision to bow out of the race for a new mandate was triggered by other reasons than the ones he cited. Which still could not be ignored, because, even...
Banca Comerciala Romana to be sold next year
The commission for the privatisation of Banca Comerciala Romana (Romanian Commercial Bank-BCR) will submit to the Government, by the end of August, the bank's privatisation strategy. During...
If the World was fair to Guys...
Men complain all the time that in fact they are being mistreated and harassed by women, who don't understand their needs, much less fulfil them. Take a look at men's ideals. If the world was...
Enron comes to Romania
US group Enron Corp., one of the world's largest electric power producers, has entered a joint-venture with SNP (National Oil Company) Petrom, for electric power supplying, thus becoming the...
Excite, Chello to merge non-U.S. assets
Excite At Home Corp., the No. 1 U.S. high-speed online service provider, will merge its international assets with those of European rival Chello Broadband NV, a person familiar with the tran...
General Mills to buy Diageo's Pillsbury for $10.5bn
General Mills Inc., the maker of Cheerios cereal, agreed to buy Diageo Plc's Pillsbury unit for $10.5 billion in stock and assumed debt to create the third- largest U.S. food company. Genera...
Opportunity to study Romanian
The University of Bucharest organises at Sinaia, between July 20 - August 16, the 41st Session of the Summer Courses and Symposia on the Romanian People's Language, Literature, History and A...