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Immofinanz set for another three acquisitions
Immofinanz, the Austrian investment fund, the most aggressive player on the domestic real estate sector, is interested in acquiring three new projects on the domestic market, after having in...
Broadhurst breaks up another company
The American investment fund Broadhurst, one of the strongest forces on the capital market, wants to break up Valmetex of Ramnicu Valcea, a company that owns retail space in several location...
Marriott wants another hotel
The US-based hotel chain Marriott International intends to enter the Romanian market with its second hotel under a management contract, Kurt Strohmeyer, the general manager of the five-star...
Romanian software makers, "cheap" for another 20 years
Though Romania has seen IT labour costs rise in recent years, its advantage over the Western countries from this point of view will persist over the next 20 years, Alfonso Di Ianni, Oracle S...
Boromir buys another bakery
The Ramnicu Valcea-based Boromir group, one of the biggest Romanian bakeries, paid 1.2m euros for the Morarit Panificatie Ialomita company. In the wake of the deal, Boromir shareholders say...
Mittal gets another 4.49% in Romportmet
Mittal Steel Holdings bought only half of the 10% in harbour operator Romportmet, targeted by the tender offer put out, for which it paid 7.5 million RON. The company bought 1.1 million shar...
Tuborg to invest another $50 million
Tuborg will invest 50 million dollars (over 41 million euros) next year, to boost the production capacity of its Bucharest plant, so as to reach 2.3 million hectolitres in 2011, double the c...
Lafarge sells another non-core operation
Costin Borc, head of the company owned by the French group Lafarge, sold around 200 railway wagons that had been accumulated by the company, for 1.1 million euros, which will help him bolste...
Greeks contribute another 50m euros to Bancpost''s capital
Bancpost, which according to NBR data climbed to fifth place in the bank ranking in terms of assets at the end of September, is starting to prepare for resuming foreign currency lending, giv...