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Petrom could pay ?300m to get Petromservice back
Petrom, the biggest Romanian company, has confirmed recent information that it may acquire Petromservice, the biggest supplier of services and equipment for the oil and gas industry. Accordi...
La Fourmi could reach 30-35 stores in Bucharest in 3-5 years
Patrick Knight, the new managing director of La Fourmi supermarket network, believes that by taking over stores the company could solve the problems generated by the labour force shortage in...
Slower euro zone growth could harm Romania
The slower growth rate witnessed by euro zone states this year could have negative effects on Romania's economic growth. In recent years, statistical data has revealed a significant connecti...
Meinl European Land: real estate investments, could top 750m euros by 2010
Meinl European Land, a real estate company registered in the Channel Islands, at the end of the first half had six projects in Romania in the final phase of analysis, with the value of proje...
BMW could take over stake in EBS Romania
The German group BMW will take over some of the shares of EBS Romania, a producer of economic software solutions, which handles some of the IT systems of the German carmaker. EBS posted busi...
Banatim could operate 1.4m-euro share capital increase
Footwear manufacturer Banatim in Timisoara could increase its share capital by 4.5 million RON (1.4 million euros), to 5.7 million RON (1.8 million euros), if shareholders subscribe all the...
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...
Equest could list Domo on the London SE for full takeover
British investment fund Equest Investments Balkans (EIB), which, through its subsidiary Lynx Property, took over 75% in Domo, the third largest electronics and home appliances retailer in Ro...
Bunge could collect 6m euros from sale of Interoil plant's land
Bunge, leader of the domestic vegetable oil market, could receive 3 to 6 million euros for the 60,000 square-metre area of land belonging to the Interoil plant, located in Oradea, which will...