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Consultancy firms' budgets reveal expectations of a difficult 2010
As long as real estate consultancy firms are budgeting falling revenues for 2010 as well, the real estate market is sure to have another tough year. Consulting firms' business has been a barometer of real estate development in recent years, and the investment...
Tuca Zbarcea & Co in talks for absorption of ten-lawyer firm
"We have expanded our offices to the seventh floor of the building (the company is headquartered on the eighth floor of the America House in Piata Victoriei), where we rented 500 square metr...
Nestor, the biggest law firm, loses 3 key people
Francisc Peli, Carmen Peli and Cristina Filip as well as another 10 lawyers will all depart Nestor and join a new firm - Peli Filip. Nestor Nestor Diculescu Kingston Peterson (NNDKP), the bi...
Spanish law firm Garrigues enters local market via merger
Spanish law firm Garrigues has officially entered the Romanian market via a merger with Mares & Asociatii, a medium-sized firm. "We will operate under the name Garrigues Romania, and will fo...
Terapia Cluj indirectly held by Japanese firm
Through the acquisition of Ranbaxy, Daiichi has indirectly become a shareholder in Cluj-based drug maker Terapia, which derived turnover worth 91m euros in 2007. Daiichi Sankyo group, Japan'...
Former head of Novartis enters consulting market with Nestor law firm
Nicolae Voiculescu (44), former head of the local division of Swiss pharmaceutical giant Novartis, has founded a healthcare consulting company, Link Resource, and announced on Monday a partn...
How A&D Pharma became the largest firm in its field
A&D Pharma, the largest Romanian pharmaceutical company, has changed its organisation structure in order to tap into regional markets. Whereas, until 2007, A&D Pharma consisted of two divisi...
FATA insurance firm targets 10m-euro turnover in 2008
FATA Asigurari (formed in autumn 2006), which specialises in agricultural insurance, targets business worth 10.5 million euros next year, up almost 62% against this year's budgeted turnover....
Former Polimeni head founds real estate firm
Stefan Gheorghiu, a former country manager with US-based Polimeni, which has recently withdrawn from the Romanian market, has set up his own real estate development company and plans to carr...