Romania through my eyes

June 1st: A business day we will never forget…


For us, the Europeans, General Motors is just another big company. For the Americans, it is a part of their lives, their culture and tradition, together with Ford, Chrysler etc. Last Friday General Motors filed for bankrupsy, according to the famous Chapter 11 of the American commercial law. This company, with a successful past and the tens of thousands of employees, “succeeded’ in less than 10 years to become a major problem for the country. Just some hours before this to happen, Opel and Vauxhall, their famous European brands, were sold to Russians covered by a Canadian company, Magna. So, [...]

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