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Three brokers become Tina R shareholders
Sorin Apostol, former owner of brokerage company Swiss Capital, Daniel Tepes, former majority shareholder of HTI Valori Mobiliare (HTI Securities), and Grigore Chis, former trading manager o...
Piata Presei Libere to become Bucharest's second hotel pole
Parc Hotel group, controlled by businessman Gabriel Popoviciu, will consolidate its presence in the area of Piata Presei Libere after it opens Ramada Plaza hotel and brings neighbouring hote...
Holcim's Campulung plant to become Bucharest's largest supplier
Holcim Romania, which last year generated turnover worth 290 million euros, up 28% on 2006, will finalise an investment worth 185m euros in order to increase the production capacity of its C...
Europolis poised to become a developer
Austria's Europolis investment fund, now controlled by Volksbank group, is in talks to develop office projects, after five years of project acquisitions. Europolis, one of the biggest player...
Lufthansa: Romania will become No.2 market in the region
With almost 20 flights a week introduced this year and a target of 500,000 passengers transported to and from Romania, the airline operator Lufthansa estimates Romania will climb to second p...
GE in talks with Petrom to become its turbine supplier
General Electric (GE), a company ranked sixth in the Fortune 500 ranking, is in talks with Petrom to become the turbine supplier for the 800 MW gas-powered plant, which Romania's largest com...
Domenia Credit drops plans to become mortgage bank
Domenia Credit, a mortgage company that US firm GE Money took over late last year along with Motoractive Leasing and Ralfi, granted loans worth 35m euros in H1, up 250% against the same peri...
Rekkers: Loans in RON will become more expensive
"An upward trend for interests on RON loans can be expected, however it won't happen because of inflation-related reasons, but because of the extremely high demand as more and more people ar...
Agricultural University could become richer than Oxford
A partnership with the Baneasa real estate project in the northern area of Bucharest will bring the University of Agricultural Sciences and Veterinary Medicine (USAMVB) a fortune worth 1.5-2...