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Dufa founder invests in real estate and constructions
At 48, the general manager of Henkel Bautechnik Romania, Marius Ivan, an economist by profession, is an investor in constructions businesses worth around 50 million euros. One of the founder...
Fiat and Maserati importer sees 67% surge
The growth witnessed by Auto Italia, the representative of the Italian group Fiat, goes beyond initial estimations and is superior to the overall rate of growth seen by the new car market. T...
Flanco and Flamingo fine-tune merger
The two retailers have agreed on the way to integrate their operations, with Flanco to become one of Flamingo''s units. The deal had been announced at the beginning of last December, and the...
SIF Oltenia and Muntenia sell Sicomed
SIF Oltenia sold its Sicomed shares during the tender offer put out by the Czechs at Zentiva, collecting more than 58.1 million RON (15.8 million euros). The company sold its over 10% in Sic...
Agricola blames bird flu and floods
The biggest chicken producer on the domestic market has said it will reconsider the 20m-euro investment plan announced for 2006. "We are reconsidering the investment plan announced for this...
Enel invests 65m euros in Banat and Dobrogea
Italian utility company Enel, which owns Electrica Dobrogea and Electrica Banat anticipates its investment programme to stand at more than 65 million euros for this year. The company will es...
Monzillo: Restaurants and hotels need fresh fish
The trade manager of Metro Cash & Carry Romania wants to push the sale of fish on the domestic market, after he first introduced fresh fish in Italian stores. Frozen, fresh, ocean, salted an...
And the winner (of BCR) is... Erste Bank!
Erste Bank offered 3.75bn euros for 61.88% in Banca Comerciala Romana (7.65 euros/share), which makes this sum the highest ever committed in a privatisation in Romania. The price was the onl...
5.5m-euro fines for Wrigley Romania and its distributors
The Competition Council on Monday decided to punish chewing gum manufacturer Wrigley Romania and 26 economic operators that distribute its products by fining them 201bn ROL (some 5.5 million...