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Mega Image expansion with EBRD money
Belgian group Delhaize, which operates the Mega Image store network in Romania, may attract a 320m euro loan from the European Bank for Reconstruction and Development (EBRD) to expand its ch...
Negotiations with Romania concluded in 2004?
The European Commission will do its best to have Romania conclude the EU accession negotiations by late 2004, the European Commissioner for Enlargement Gunther Verheugen yesterday said at th...
Carmaker Dacia ready to storm the market with the 5,000-euro model
Christian Esteve, the general manager of carmaker Dacia, yesterday said the prototype for the new 5,000-euro Dacia model had been completed, both in terms of design and functionally speaking...
Apparel, 50% of total trade volume with UK
The clothing sector accounts for about half of the total volume of trade between Romania and the UK, which can be seen in the orders the British apparel vendors such as Marks & Spencer, Arca...
Assos moves in with Philip Morris
The lower and lower sales registered by the major cigarette producers on the Western markets have made them shift to the Central and Eastern European markets, including Romania. The Romanian...
Petrom arguing with banks
Petrom dismisses accusations from bankers concerning the frauds involving the payment instruments it issued, arguing the banks had the obligation to verify the validity of the cheques when t...
Bucharest Stock Exchange, in sync with Nasdaq, at last
After two months of plunges, which led to 20-30% losses for investors, the Bucharest Stock Exchange made a strong comeback and brought gains beyond expectations for all those who bought shar...
Importers displeased with new law
The importers and dealers are complaining they are losing time and especially money because of a law enforced at the end of last week, which binds them to pay their import-related fiscal obl...
APAPS goes to war with union leaders
The Privatisation Authority (APAPS) is accusing certain union leaders at the Brasov-based plants, whose workers did not cease protesting on the streets yesterday, of obstructing negotiations...