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Word: gutehoffnungsh (lookup in dictionary) (lookup stats)
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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 »

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