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Farmexpert, bought by the Germans
The German drug distributor Andrea-Noris Zahn (ANZAG) announced its entrance on the Romanian market on Wednesday, after acquiring Farmexpert, which recorded business worth 90 million euros l...
Retail companies to hire 6,000 people by yearend
Retailers present on the Romanian market announced they would hire some 6,000 people by the end of the year, given their territorial expansion by opening new stores. The biggest recruitment...
Boom to be followed by slight decline
The market of electronic and electrical home appliances last year reached 850m euros, after several years of growth spurred by the boom of consumer lending. As the period of sustained growth...
First Ikea store to be ready by December
The first Ikea store, located in the Baneasa real estate project in Bucharest, will be completed by the end of this year, according to Conarg, the company which will build the complex. "In D...
Real to hire 2,000 people by yearend
Real-Hypermarket Romania, the company that operates the Real hypermarkets network on the local market, announced it would hire some 2,000 people by the end of this year, as it is due to expa...
ATEbank enters market by taking over MINDBank
ATEbank, the fifth largest bank in Greece is negotiating a contract to take over the controlling interests in MINDBank, one of the smallest banks in the system, in an attempt to catch the la...
Pambac to increase sales force by 60%
The general manager of Pambac, one of the leading players on the milling and bakery market, says the company will hire over 80 people this year, mainly for the sales department. "The decisio...
Financial markets hit by global depression
The tendency of investment funds to shift their focus towards less risky placements felt worldwide has spread to the Romanian financial markets, which continued to witness foreign capital wi...
Sistec - SBsol expects 25m-euro turnover by 2008
The IT solutions division of RTC Holding Sistec - SBsol estimates it will see turnover worth at least 15.6 million euros for this year, a 30% increase against last year, when the company pos...