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Joint car fleet sales strategy for Dacia, Renault and Nissan
The two Romanian entities of the French group Renault, the car producer Automobile Dacia and the importer Renault-Nissan, have set up a department in charge of car fleet sales. "Firms with c...
NBR meets to dampen inflation and curb consumer demand
The National Bank''s Board of Governors is today discussing the increase in the monetary policy rate which was also recommended by the IMF as the main instrument in fighting inflation, along...
Domo to spin off logistics after IT&C and consumer finance
Lorand Szarvadi, general manager of the second biggest home appliances retailer on the domestic market, has established the strategic target of focusing on the company''s core business - ret...
Flamingo drops US and Croatian operations
Flamingo retailer, one of the leading players on the IT&C market, restructured some of its operations on the foreign markets in January by selling its stake in the IT Solar LLC company in th...
Credisson and Domenia invest to expand
Credisson and Domenia Credit, two of the biggest non-banking financial companies, anticipated that operating conditions on the market would toughen once the NBR''s jurisdiction over this mar...
On the weather, the English and books
I had every intention of making this week''s column another anti-Bucharest rant, but as I sit in front of the computer I simply can''t bring myself to write it. Not because I have been hit b...
Petrom seeks to buy petroleum and gas producer
Petrom is planning to buy a petroleum exploration and drilling company so as to stabilise its level of oil and gases drilled by 2010, given that it is facing a production decline. "We are tr...
GreenForest and Samas form joint venture
Timisoara-based furniture manufacturer GreenForest will develop a joint venture with the Dutch firm Samas Office, which operates on the office furniture market. "The partnership contract for...
Mega Image changes look and logo
Mega Image supermarket chain will invest 2.5 million euros in a change of logo and a makeover, with the move slated for completion over the next few months. "We put a focus group together an...