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ZF provides first ever ranking of MBA programmes in Romania
Executive MBA programmes at the Vienna University of Economics and Business administration, Asebuss, and Tiffin University are the best on the domestic market, reveals the first ever ranking...
ANRCTI administers first fine for spam
Urban si Asociatii SRL is the first Romanian company to be fined for sending unsolicited commercial messages, also known as spam. The fine amounts to 1,000 RON, and was charged by the Nation...
First Jacobs coffee shops open in former Nescafe locations
Kraft Foods Romania, which derived turnover worth around 150 million euros last year, has opened two Jacobs coffee shops on the site of the former Nescafe coffee shops, following a partnersh...
Bucharest's first underground car parks, ready in 2 years
The first underground car parks built by the Bucharest City Hall (PMB) will become available in two years' time at the earliest, with works due to start on the car park close to Gara de Nord...
Cargus takes out first credits for expansion
Cargus, one of the leading players on the domestic courier market, will start an investment programme worth over 10 million euros this year, in order to sustain an annual 50% turnover growth...
GE Money: Transaction with Dogus, first step towards consolidation
The transaction by which Turkish-based Dogus group took over 49.9% of Motoractive, Ralfi and Domenia Credit from GE Money is the first step towards the consolidation of GE Money's business i...
Minimum cigarette excise up 4.5% in first half of 2008
The minimum cigarettes excise duty will be worth 39.5 euros/1,000 cigarettes in the January 1 - June 30 2008 period, 4.55% more than in the first half of 2007, following an order issued by t...
Transgaz rights generate 5% average yield on first trading day
The allotment rights of Transgaz Medias (TGNR01) traded for an average price of 301.5 RON on the first day, 57% higher than the sale price of the shares during the offering, 191.92 RON. Cons...
500,000 euros for first Bally store in Bucharest
Bally, the Swiss luxury footwear brand, has entered the Romanian market through a monobrand store on Nicolae Balcescu Blvd. The 100 square-metre unit (which covers two floors) entailed inves...