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Only 10 towns with over 50,000 inhabitants still untouched by mall developers
Mall developers have, over the past year, targeted cities with a population that ranges between 50,000 to 100,000 inhabitants, in their search for cities still untapped by their competitors....
Atisreal: real estate deals affected by international crisis
The segment of real estate deals in Romania is the worst hit by the international financial crisis, because investors are having trouble securing funding from international banks, Ioana Momi...
Value of deals struck in Romania to exceed 13bn dollars by 2012
The value of deals conducted in Romania will exceed 13 billion dollars by 2012, whilst the 5% economic growth forecast for the next four years will contribute to an increase in the volume of...
Carpatica Asig increases capital by 2.4m euros
Carpatica Asig, a medium-sized insurer, is set to increase its share capital by around 2.4 million euros (8.8 million RON) to more than 5.6 million euros (20.8 million RON). Carpatica Asig i...
Petrom raises the price of diesel by 0.09 RON
Petrom has increased prices for all diesel products sold through Petrom and PetromV stations by 0.09 RON, however, the price of petrol will remain the same, the petroleum company announced....
Cannes fair: Romanian market, unaffected by crisis
The largest developers in Romania- Baneasa Investments, Neocity Group, Cefin Real Estate Asset Management, River Invest, TriGranit Development (main partners) and Avrig 35, all took part in...
Bere Mures acquisition by Heineken brews six new millionaires
Heineken N.V, which competes for the top spot on the Romanian beer market with the local branch of SAB Miller, has signed the contract to buy Bere Mures, the second-largest independent playe...
Bricostore: wage costs could rise by 20-30%
French-based DIY retailer Bricostore, a part of the Bresson group, last year posted profit worth around 27 million euros, amid turnover worth 180m euros from its 8-store network in Romania....
RAEF unaffected by troubled start of the year
Horia Manda, senior vice-president and chief investment officer of RAEF (Romanian American Enterprise Fund), has stated that he intends to make acquisitions worth over 40 million euros this...