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TVrancart does worse than expected
Paper and cardboard manufacturer Vrancart Adjust made a turnover of 21 million RON (5.7 million euros) in the first five months of 2005, some 27% lower than set in the spending and revenue budget for this year. Vrancart, however, posted gross profit of 2
Alro scandal goes from bad to worse
The former chairman of primary aluminium producer Alro Slatina, Alexander Krasner, and former company vice-chairman, Peter Braun, have gone to the courts to try and obtain an invalidation of...
Kraft: for better or for worse in Romania
Kraft Foods Romania, the local branch of the US giant food and beverage company Kraft Foods, will continue its investment programme in Romania, although the mother-company has recently said...
Weak managers worse than taxation?
Finance minister Mihai Tanasescu is fed up with admitting in a certain cynical tone of voice that Romania has a load of taxes "due to objective reasons," with each of these taxes higher than...