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GE Real Estate allocates 90m euros for 6 logistic parks
American-held GE Real Estate and Greek-based Helios Phoenix will start an 87.5 million-euro investment programme, aimed at building six logistic parks that will cover an overall area of 315,...
Taher will put in a new offer for Marriott
Businessman Fathi Taher, who currently holds a 19% stake in Bucharest's five-star Marriott hotel, will put in a new offer to acquire the majority stake from Bau Holding Strabag, after his fi...
91m-euro capital increases for pension companies
Mandatory pension companies (the 2nd pillar) performed capital increases worth 91 million euros (over 316.8 million RON) in total, according to the annual report of the Private Pensions Supe...
NBR: No risk of a hard landing for the economy
There is no risk of an abrupt economic slowdown in Romania, even if the effects of five consecutive increases in the monetary policy interest rate (2.75% in total) were fully felt, according...
Strabag sells if offered right price for Marriott
Austrian-based Strabag, the main shareholder in JW Marriott hotel, is prepared to sell part of the shares it holds in the Bucharest hotel. "We have not settled on a price with Mr. Taher," sa...
Martin Janos, CEO Hame, Cehia: Achizitiile din regiune for influenta pozitiv evolutia Hame Romania
Martin Janos, directorul executiv al grupului ceh cu activitati in industria alimentara Hame, a declarat ca in trei si cinci ani cifra de afaceri a filialei locale Hame Romania va fi cel put...
230m-euro turnover for Peugeot importer in 2008
Trust Motors, Peugeot's importer on the local market, forecasts a 230 million-euro turnover this year, up 0.6% against last year. "Our target for 2008 is to sell 18,500 vehicles, almost 10%...
BCR and BRD account for 65% of overall banking system's profit
The net profit of the overall banking system amounted to around 265 million euros in the first quarter of the year, as market leaders BCR, and BRD accounted for 65% of this figure, despite t...
Interex aims for 30-40 stores in 4 years
French retailer ITM Intermarche, owner of the Interex supermarket network, forecasts sales worth 130 million euros on the local market this year and expects to step into the black. Phillippe...