division
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BT sees profit tripling following sale of insurance division
Banca Transilvania (BT) is preparing to more than triple its net profit for 2007 against 2006, after collecting 76.5 million euros, i.e. 85% of the price it is due to receive for selling the...
Romprest: 12m-euro investment in new division
Romprest Service, in which investment fund 3i (one of the largest global players in its field), took over a 30% stake, plans to conduct investments worth 12 million euros in 2008, in a new d...
Spanish group Roca takes over Lasselsberger's sanitary ware division
Spanish group Roca, the largest global producer of sanitary ware, acquired Lasselsberger's (formerly Cesarom) Romanian division of sanitary ware at the end of last year, in a transaction est...
Piraeus injects 172m euros into domestic division
Piraeus Bank, a major financial group on the Greek market, has conducted a capital increase worth 172 million euros for its Romanian unit. In the wake of this cash injection, the share capit...
Cargus buys Romtrans courier division
Cargus, one of the biggest players on the courier market, has acquired the courier division of Romtrans, the leading Romanian private freight carrier, according to sources on the market. "We...
A division of Tender group enters German market
Hunedoara-based Talc Dolomita, a division of the Tender group that specialises in the extraction of mineral ores, will enter the German market this year, as part of a programme targeting an...
Alexandrion division to expand its car dealer network
Rochin Motors, a division of the Alexandrion group, and local importer of the Chinese car brand Great Wall intends to expand its car dealer network by the end of this year, in order for the...
General Motors financing division arrives in Romania through Raiffeisen Leasing
Raiffeisen Leasing International sealed a partnership for cooperation in Central and Eastern Europe with GMAC, the financial services division of General Motors, and Romania will be the firs...
Lufthansa enters local market with low-cost division
Germanwings airline, Lufthansaes low-cost division, will operate in Romania as of March 25, estimating to see 35,000 passengers in its first year in business. The biggest low-cost company in...