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Romtelecom wins fight for mobile communications licence
Romtelecom, the largest fixed telephony operator on the local market, has won the competition for the mobile communications licence put up for sale by the Romanian state, sources from the te...
Another Bucharest plant up for sale: Munplast
The assets and the 23,500 square-metre plot of a plastic products plant owned by Munplast, located in the Bucharest district of Drumul Taberei, has been put up for sale, with the company's o...
Higher demand for Nike brings Elmec sales to 23m euros
Sales of Elmec Romania, a division of Greek clothing and footwear distributor Elmec Sport went up 34% in the first six months of the year, compared with the same time last year, and reached...
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...
Ford will not recruit for Craiova plant until 2010
John Fleming, the chairman of Ford Europe, the owner of Automobile Craiova, says the first wave of recruitment for the production centre in Oltenia will start in 2010, because the current nu...
Auchan to recruit 500 people for Militari hypermarket
Auchan, the French company that operates the largest hypermarkets on the local market, will hire around 800 people for two openings this year. The opening of its second store in Bucharest, l...
IKEA brings 4.6m-euro profit for billionaire Puiu Popoviciu
The IKEA franchise, owned by Puiu Popoviciu, one of the most discreet billionaires in Romania, registered net income worth 15.2m RON (4.6m euros) in the first nine months in business in 2007...
Holcim, highest increase for cement sales, 22%
Cement producer Holcim Romania, a subsidiary of the Swiss group Holcim, posted the highest growth in terms of the volume of cement sold on the local market in the first half of the year - 22...
2008 will be the first difficult year for real estate consultants
The top five real estate consultancy companies in terms of turnover posted an over 26% profit margin last year, while turnover doubled (49 million euros in revenues). However, the growth rat...