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Zentiva not to up offer for Sicomed
Pharmaceutical company Zentiva has no intention of upping the offer put out on the Bucharest Stock Exchange in order to take over all Sicomed shares, stated Peter Sulc, financial manager wit...
Elba invests for Logan
Timisoara-based company Elba has begun an additional investment programme worth one million euros to modernise the manufacturing of car lights, due to an increase in demand for such componen...
Celco forks out10m euros for lime plant
Celco Constanta, a producer of concrete parts for constructions, has launched greenfield investments worth 10 million euros, and is to integrate the production process by building a lime pla...
Emerson asks for guarantees
US-based Emerson Electric, a world leader in the electrical engine industry, has decided to invest 125 million euros in Cluj. Its representatives, however, notified the local authorities tha...
Casa Radio heading for fresh start?
Casa Radio (Radio House) one of the most eagerly anticipated developments on the Bucharest market is close to a fresh start, after the Ministry of Transport, Construction and Tourism (MTCT)...
Wireless Internet cover for the whole of Bucharest
The people of Bucharest could soon connect to wireless Internet, wherever they are in the city. "The city should be covered by a WiMax-type wireless Internet connection (which is a more adva...
7bn-euro foreign debts for banks
Banks have come to count on foreign financing to an unprecedented extent, reaching a level close to seven billion euros in late September, while foreign assets barely reached one billion eur...
Millennium chairman: We won''t enter a bidding war for BCR
Portuguese bank BCP Millennium will not enter a bidding war for the privatisation of the largest bank in Romania, Banca Comerciala Romana (BCF), the bank''s chairman Paulo Teixeira Pinto was...
Unilever appoints Romanian for USCE
International consumer goods giant Unilever, the manufacturer of the Dove, Knorr and Rexona brands, has appointed a Romanian female chairperson to head its division for the entire Balkan reg...