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Posta Romana fights for market share
Compania Nationala Posta Romana (Romanian Post Office Company) estimates it will employ more than 35,500 people by the end of this year, 400 more than last year, despite the gradual eliminat...
La Caixa could pay over 70m euros for Libra Bank
American investment fund Broadhurst will collect over 70 million euros from the sale to Spanish group La Caixa of several stakes, which together make up 100%, of Libra Bank's capital, say ba...
NBR: Population short on money for new credits
The population's demand for credits could decline in the coming period, after individual clients already experienced liquidity constraints, while optimism regarding future increases in incom...
Petrom battles against European giants for wind power contract
Petrom could start to generate wind power if it manages to fight off competition from European heavyweights. In addition to the 500 million-euro natural gas power plant (with a 860 MW capaci...
Rompetrol Downstream's CFO leaves for Upetrom
Adrian Volintiru, CFO (Chief Financial Officer) of Rompetrol Downstream, the retail division of the petroleum group Rompetrol, headed by Dinu Patriciu, will, as of May 15th, take over financ...
Ionut Costea leaves Raiffeisen for Emporiki - Credit Agricole
Ionut Costea, 48, chairman of Raiffeisen Banca pentru Locuinte (Raiffeisen Housing Bank) will take over the management of the Romanian subsidiary of Emporiki Bank, a member of the French gro...
Yahoo! appoints manager for Romanian online community
Yahoo! has appointed its first manager in Romania, blogger Bobby Voicu (photo). So far, the American online giant (with revenues worth 1.8 billion dollars and net profit worth 542 million do...
Max Bogl in talks for 300m-euro real estate project
Max Bogl Romania, the domestic branch of Germany's Max Bogl group, is involved in talks to build a real estate project in North Bucharest, which will be developed in the wake of a investment...
Erste's Treichl calls for alliance against foreign currency loans
Andreas Treichl, the chief executive of Erste Bank and chairman of BCR's Supervisory Board, has called for an agreement with the central bank and all other commercial banks that would cause...