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500,000 euros for first Bally store in Bucharest
Bally, the Swiss luxury footwear brand, has entered the Romanian market through a monobrand store on Nicolae Balcescu Blvd. The 100 square-metre unit (which covers two floors) entailed inves...
1,000 new apartments in Bucharest
Advanced Development real estate developer, which is controlled by Catalin Scripcaru, the former head of Raiffeisen Evolution, is set to develop a 1,000-apartment complex on the banks of Pan...
Allianz-Tiriac: 20,000 clients for voluntary private pensions
Allianz-Tiriac Pensii Private (Allianz-Tiriac Private Pensions) has exceeded the 19,000 client-mark for its two voluntary private pension funds (the 3rd pillar), company representatives told...
200,000 people expected to work in malls
Real estate developers' aggressive expansion plans on the domestic market will have a significant impact on the labour market, as retailers will need to hire around 200,000 people to work in...
Privatisation cuts 3,000 Distrigaz jobs
The leading gas distributor on the Romanian market, Distrigaz Sud, with business worth over one billion euros last year, has cut its staff by around 3,000 people compared with 2005, when it...
ING Viata attracts over 10,000 voluntary pension clients
The number of customers attracted by the two voluntary pension funds managed by ING Asigurari de Viata stood at 10,991, according to the company. ING Clasic fund had 7,480 customers, while I...
Transgaz IPO could spark interest of over 10,000 investors
The initial public offering of Transgaz Medias, the largest of its kind ever witnessed on the Bucharest Stock Exchange, could attract more than 10,000 investors, believes Steven van Groninge...
Renault, the first import brand to sell over 30,000 cars
Renault sales will go beyond the 30,000-unit mark this year and will most likely reach a level of 32,000 sold units, a volume corresponding to an increase by almost 40% from last year's leve...
Automotive market speeds towards 350,000 units this year
The market of new vehicles is expected to hit the 350,000-unit mark this year, up approximately 18% on last year following an accelerated renewal of cars and an increase in the level of impo...