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Germany's Multivac takes over Persys Engineering's operations
German-based Multivac, one of the largest producers of thermoforming machines worldwide, with turnover worth 500 million euros, will enter the Romanian market directly, after taking over the infrastructure of its former distributor, Persys Engineering
Germany's Aldi arrives on local market
German-based company Aldi, the world's tenth-largest retailer, which boasts a global turnover in excess of 39 billion euros, has entered the Romanian market by setting up a firm that is enti...
Romania answers Germany's EU questionnaire
Romania disagrees with the removal from the EU constitutional treaty of references to EU symbols - the flag, the anthem, the single currency - although agrees that the overall text should no...
Germany's Ara AG posts 63m-euro turnover in Romania
Germany's Ara AG, a major European footwear manufacturer, holding majority stakes in Ara Shoes, Lloyd Shoes and Legero Shoes Romanian companies, registered cumulated turnover worth 62.5m eur...
Germany's Commerzbank in talks to buy 51.5% in RoBank
Commerzbank, Germany's fourth-largest bank, is looking at several options to develop its Romanian-based business. The Germans are mulling the takeover of the main stake in RoBank, owned by B...
Germany's Continental has big plans for Romania
German company Continental, one of the world's largest automotive groups, has big plans for the Romanian market, under its cost-cutting strategy. Continental, which owns two plants in the Ro...