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Antimissile shield in Romania subject for debate in NATO-Russia Council

The American antimissile shields that will be built by the Americans in Romania in Deveselu (Olt) was on the agenda of the NATO-Russia Council in Brussels yesterday, with Moscow demanding le...

Radu Vinteanu · 04.05.2011 · 23:38 · 1 min
ZF English

Top Brands Distribution boss: Layoffs wouldn't have made any sense

Wael El Ghadban, one of the three biggest Lebanese investors in Romania, who controls Top Brands Distribution, with turnover worth above 320m euros, says the biggest income of an employee in...

Adelina Mihai · 04.05.2011 · 23:37 · 1 min
ZF English

Cheapest filling stations in Bucharest. The gap between a fill-up in Ferentari and one on Calea Dorobanților: 10 lei

Prices at the almost 50 petrol stations Petrom, leader of the domestic oil market, owns in Bucharest vary from one station to another, with savings that can be made between a fill-up at the...

Roxana Petrescu · 04.05.2011 · 23:36 · 1 min
ZF English

Radu Enache: Basket of loss-offsetting reserves will become empty at a certain moment

Radu Enache, owner of Continental, one of the biggest Romanian hotel chains, which operates 1,890 rooms, maintains that although during the hotels' operation he set up reserves of several mi...

Mirabela Tiron · 04.05.2011 · 23:34 · 1 min
ZF English

AutoItalia exits Stein era. Sales tripling, the new shareholder's target

Eighteen years after setting up the business, Herbert Stein is selling AutoItalia, one of the importers boasting the biggest number of brands in the portfolio, to Israel's Mediterranean Car...

Bogdan Alecu · 04.05.2011 · 23:32 · 1 min
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Historic decision: US to launch interceptor missiles from Romania

President Traian Băsescu yesterday announced Romania's historic decision to agree to the deployment of interceptor missile launchers on its territory that will be used in case of a nuclear s...

Iulian Anghel · 03.05.2011 · 23:47 · 2 min
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Liquidation price for My Dream: 130,000 euros/apartment

Residential complex My Dream Residence in Pipera (northern Bucharest), developed by Turkish-held Plus Development, has been sold at an auction for 16.7 million euros, which amounts to an ave...

Cristi Moga · 03.05.2011 · 23:45 · 1 min
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Why would Orange exit Romania?

France Telecom, one of the largest communications companies in Europe, could decide to sell its "smaller operations" in Romania, Austria and Belgium in order to focus on markets with a major...

Adrian Seceleanu · 03.05.2011 · 23:45 · 1 min
ZF English

New wave of wind farms: CEZ and Enel to start over 700m euros' worth of wind farms

Czech-held CEZ and Italian-held Enel, two of the largest European energy groups present in Romania, say they will start work on wind power projects worth over 700 million euros

Roxana Petrescu · 03.05.2011 · 23:44 · 1 min