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Dona triples sales and invests 7m euros
Dona drugstore network, a market leader in pharmaceutical retail, posted turnover worth 39 million euros nine months into the year, up 198% against last year, while profit reached 0.5 millio...
Colliers and Eurisko double business
Colliers International and Eurisko Consulting, the leading companies on the Romanian real estate consulting market, have doubled their businesses this year, to 22 million euros and 12 millio...
Winter brings good interest rates for credits and deposits
In the process of strengthening the monetary policy, commercial banks have released a wave of promotional offers, with cuts on credit costs. Two top banks have announced increases in interes...
Foreigners inject 7.7bn euros into banks and insurance companies
Foreign investors have injected almost 7.7 billion euros in local banks and insurance companies over the last 17 years. The banking and insurance sector attracted over 22% of the total volum...
Intesa Sanpaolo and CR Firenze still pondering merger of local branches
Italian-based Intesa Sanpaolo, one of the largest financial groups in Italy, has yet to make a decision concerning its two subsidiaries on the Romanian market. The group recently took over t...
Praktiker invests 16m euros in Timi[oara and Ia[i
German company Praktiker will open two Do-It-Yourself stores by the end of the year, in Timi[oara and Ia[i, with total investments worth around 16 million euros, and reach a 20-store network...
Sarcom delays sale and invests in production
Ramnicu-Valcea-based paints and varnish producer Sarcom plans to conduct investments worth 3 million euros next year, by opening a new paints and thinners production facility, as well as add...
Genesys: Software solutions and services make up 45% of turnover
Romanian IT&C group Genesys estimates an over 40 million-dollar (27.8 million-euro) turnover this year, up 33% against the 30 million dollars (20.8 million euros) witnessed in 2008. "Nine mo...
Orange bundles Internet and fixed telephony
Orange Romania, the biggest domestic mobile telephony operator, has recently announced the expansion of its network coverage, higher speed for mobile access to Internet services, and has ent...