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Czechs at Wood come to Bucharest
Czech investment bank Wood & Company, is the first authorised brokerage company from a EU country to ask the Stock Exchange to allow it to access the trading system in order to broker transa...
Austrians at LLI take over Loulis' Romanian operations
Austrian Leipnik Lundenburger Invest (LLI) controlled by the Raiffeisen group, will buy 60% in Loulis Romania from Greek Loulis International Foods, in a deal worth 50 million euros. LLI pos...
Americans put their own people at the helm of Pepsi in Romania
American company Pepsi Americas, which last year took over total control of Quadrant Amroq-Beverages (QAB) bottler, appointed Mike Holmes, a manager from the Pepsi Americas team, as the head...
Deutsche Bank sees Erste price at 70 euros/share
Many investment banking firms have upwardly revised their price projections related to Erste Bank shares in the wake of the positive financial results announced by the Austrian group last we...
The French at Renault to commute by aeroplane
The over 100 French engineers that Renault will bring to work at the Titu-based research centre, could begin commuting daily by plane from Paris to Titu. The decision to use commuting is sim...
Germans at Max Bogl invest in turnkey houses
Max Bogl, one of the biggest German constructors, intends to invest some 10 million euros in Bucharest, in a production capacity of standardised prefab houses, to be delivered using the turn...
Euro-GSM founders see turnover at 260m euros
Euro-GSM group expects to derive cumulated turnover of some 260 million euros this year, up 50% against 2006. Silvia and Zsolt Fodor, founders of the group, one of the biggest networks of ou...
IMF puts economic growth at 6.5%
Foreign investment in Romania could see a decline if the political instability does not remain lower than in the other countries of the region, the regional representative of the Internation...
Orange: We are counting on 8.7m clients at the end of the year
Orange Romania, the number one on the local mobile telephony market, estimates it will manage to attract 700,000 clients this year, despite an extremely competitive market. The scheduled inv...