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Bechtel looking for more than highways
US-based Bechtel does not rule out participation in other infrastructure projects on the Romanian market, after being awarded the $2.5bn contract for designing and building the Brasov-Bors h...
There's more to leasing than just cars
The Romanian leasing market is at a crossroads: auto leasing has peaked, and, in order to build up the business and, implicitly, profits, leasing companies need to tackle more market segment...
Selgros to open two more stores
Selgros, the cash & carry unit of the German trading group Rewe, will open another two stores in Romania this year, under investments estimated to amount to 30 million euros. "The first stor...
BRD market value soars to more than $1bn on Bucharest Stock Exchange
The market value of BRD (Romanian Development Bank) - Groupe Société Générale, Romania's second-largest bank in terms of banking assets, yesterday exceeded the one billion-dollar landmark on...
Bucharest Stock Exchange reaches record-high capitalization, more than $4bn
The total worth of the companies listed on the Bucharest Stock Exchange (BSE) exceeded $4bn last week, for the first time since the market was established. The increasing stock prices, which...
DePfa performs well, needs more investors
With only seven investors, venture capital fund DePfa Romania Money Market Fund has come to manage assets worth $7.5 million, thus ranking second (in terms of assets) among the funds operati...
Carrefour sees 30% growth in Romania, plans for more hypermarkets
The record number of clients visiting the Orhideea commercial centre, which opened last fall near downtown Bucharest, in the Grozavesti area, has allowed French group Carrefour to post sales...
Rompetrol more productive than Petrom
Private oil group Rompetrol run by businessman Dinu Patriciu estimates to have made $1.2bn turnover last year, up 20% from 2002. Rompetrol's turnover accounts for about 60% of its archrival'...
Certinvest to launch 3 more funds
Investment management company Certinvest, recently acquired by the Romanian American Enterprise Fund (RAEF), will launch three new investment funds this year, in addition to the other three...