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...Danube and its tributaries. Last week, as the river crested at ten feet above its normal level, all but two of the country's 39 districts were either partially or totally inundated. Though emergency sandbagging kept the flood away from Bucharest and the big steel plant at Galati, Rumania has already suffered more property damage than during all of World...

Author: /time Magazine | Title: World: The Politics of Rescue | 6/22/1970 | See Source »

...Rumanian effort is evident at Galati, once a quiet town of peasants and fishermen on the Danube, where the blast furnaces of huge new steel mills now light the night sky. When fully completed next year, the complex will lift the country's annual steel output from 4,400,000 tons to 6,900,000 tons, almost as much as Australia's production and more than Sweden's. Petrochemical plants are rising at Ploeşti, next to Rumania's oil wells, which until recently constituted the country's only significant industry. In conjunction with...

Author: /time Magazine | Title: Rumania: Turning West | 4/18/1969 | See Source »

Rumania has been buying from a horde of hungry Westerners. The West German firm of Gutehoffnungshütte won a $20 million share in building the mammoth Galati Steel Mill at the Rumanian end of the Danube-and when the deal was consummated, at a candle-light-cum-gypsy-violin blowout in Bucharest, the Rumanian Deputy Minister for Heavy Industry, Constantin Nācutā, executed a neat hora on the tabletop. Demag and Siemens, Krupp and M.A.N. all add to a German investment in Rumania that exceeds $50 million. Italy's Orlandi is building...

Author: /time Magazine | Title: Eastern Europe: The Third Communism | 3/18/1966 | See Source »

...role assigned his country by the Soviets' version of the Common Market, Comecon. He had no intention of letting Rumania be a combination "market garden" and "gas station." Instead, he talked the Soviets into supplying iron ore and machinery for the construction of a huge steel complex at Galati...

Author: /time Magazine | Title: Rumania: Among the Last | 3/26/1965 | See Source »

...next became bold enough to make overtures to the West. Without waiting for the Soviets, he expanded Galati by signing a $42 million contract for a steel plant with a British-French combine. The Sino-Soviet split gave Dej another chance to twist the bear's tail. Rumania's Premier Ion Maurer winged off to Peking last year and agreed to boost trade with the Chinese Communists by 10% . He stopped off in the Soviet Union on the way back and kindly volunteered to "mediate" Sino-Soviet differences, while back in Bucharest, Russian bookstores were being closed...

Author: /time Magazine | Title: Rumania: Among the Last | 3/26/1965 | See Source »

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