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Oasis brings Kaufland and Obi to retail parks
Oasis Retail Development & Consulting, which has announced plans to develop a ten shopping-centre network on the local market, has chosen the anchor tenants for the retail parks in Botosani,...
Raiffeisen analysts: higher NBR interest rate brings slower credit increase
The decisions of the National Bank (NBR) to increase the monetary policy interest rate, combined with a slower economic growth in the 2008-2009 period will primarily affect the dynamics of l...
Cadbury brings new head to the helm of Kandia-Excelent
British producer Cadbury Schweppes, which last year took over local sweets producer Kandia-Excelent, will appoint Jose Bonito as country director for Romania, who will succeed Sorin Alexandr...
Ostahie brings Carrefour to Buzau in Aurora Shopping Mall
Cometex Suceava, part of the Altex group will open Aurora Shopping Mall in Buzau in November, the biggest shopping complex in the city. The project will use Carrefour hypermarket as an ancho...
Advent brings former Terapia head to LaborMed
Investment fund Advent International, which paid more than 120 million euros to buy drug manufacturer LaborMed Pharma in its entirety, will bring Stephen Stead to the helm of the company in...
Transport business brings 70m euros to Dumagas
Craiova-based Dumagas Transport, a company held by the Dugaesescu family, aims to maintain the over 50% growth rate registered over the last few years, and this year targets turnover worth a...
Tengelmann brings Obi onto the market
German group Tengelmann, which operates the Plus Discount stores, has announced its entry onto the Romanian market this year through DIY network Obi, and targets a 20-store network in the me...
Nivea brings Beiersdorf business to over 40m euros
Beiersdorf, which sells the Nivea brand, expects to maintain last year's 20% growth rate in 2008, which would bring the group's business to 43 million euros, against last year's estimated 36...
Winter brings good interest rates for credits and deposits
In the process of strengthening the monetary policy, commercial banks have released a wave of promotional offers, with cuts on credit costs. Two top banks have announced increases in interes...