AAAS
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Buyers Of Pump Maker Aversa Unveil EUR15M Investment Plans
Investors who bought pump manufacturer Aversa said they plan to invest EUR15 million in a new production facility in capital city Bucharest, but argued their investment plans are hindered by a lawsuit filed by Romania’s privatization authority AAAS.
United Global Resources Eyes Investing In Romanian Remin Baia Mare
U.S. company United Global Resources (UGR), whose president and co-founder is Wesley Clark, retired general of the United States Army, has expressed interest in investing in Romanian insolve...
Romania’s Privatization Authority To Cut Staff By 25%
Romania’s privatization authority AAAS, former AVAS, will downsize its staff by 25% by September, from 272 to at most 220 employees, the institution said Monday.
Privatization Authority Eyes Selling Its Minority Stakes In 81 Firms In 2013
Romania’s privatization authority AAAS plans to sell its minority stakes in 81 companies this year, authority head Adrian Constantin Volintiru said Tuesday.