ROMANIA SEEKS FUNDS FOR RECOVERY PROGRAM

Romania's petroleum industry is seeking western capital to recover from setbacks flowing from the recent overthrow of the 23 year dictatorship of Nicolai Ceausescu. Bucharest reports indicate that French firms, including Elf, Total, and Renault, and West German companies will be invited to help modernize the Romanian oil and gas producing sector, as well as related manufacturing operations such as rig construction. Mixed enterprises will be encouraged, with foreign capital investment no

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