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Sale of 75% in Rompetrol turns Patriciu into Romania's richest man
Dinu Patriciu, chairman and owner of the Rompetrol Group (registered in the Netherlands) has sold a 75% stake in the company for 2.7 billion dollars to Kazakhstan's state-run petroleum compa...
RCS&RDS owner is Romania's second billionaire
The listing of the telecom group RCS&RDS in London will put a spotlight on Romania's second billionaire - Zoltan Teszari, 37, the main shareholder of the group. Romania's first ever billiona...
Romania's one-off expenses drag down Zentiva's profit
Czech company Zentiva, one of the top three drug manufacturers on the domestic market, registered one-off costs worth 200 million Czech Korunas (7.14 million euros) in Romania in the first h...
Craiova to become Romania's second automotive centre
The acquisition by Ford of the former Daewoo plant in Craiova, will mark the direct entry of a second major carmaker onto the Romanian market, after Renault acquired the Dacia plant in Pites...
Eureko: Romania's private pensions system, one step ahead of Europe
Romania's private pension system, which is in the process of being launched this year, has been described as "bold" and "cleverly designed", by Maarten Dijkshoorn, chairman and chief executi...
Kaufland Romania's top man steps down
Gunter Grieb (photo), the German who has been in charge of Kaufland Romania's operations since the network's entry onto the domestic market in 2005, has left the company at the beginning of...
Germany becomes Romania's main trade partner
Germany left Italy behind for the first time, in the ranking of Romania's main trade partners, due to the massive imports of cars and technological goods from Germany. In other words, the im...
Orange Romania's revenues up 29% to 283.3 million euros in Q1
Orange Romania's revenues increased in the first quarter of this year by 29.1% to 283.3 million euros, while the number of recorded customers increased by 16.4% to 8.271 million, according t...
ING Bank Romania's revenues up 15% in 2006
The total revenues of ING Bank Romania increased 15% last year, to 305 million RON (86.5 million euros), while the bank's assets surged by 6.5%, to 7.22 billion RON. The bank had posted 68 m...