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200m euro car business for tiriac Holdings
Few car importers announce turnover and profit, besides the number of cars sold, at the end of the year.For the first time in Romania, one of the leading vehicle importers decided to reveal...
Knitwear factory up for sale
Banking Assets Resolution Authority (AVAB) will auctioneer the Trico-Prompt knitwear factory on April 22. The starting price is $4.03 million (VAT exclusive). AVAB conditions the sale to mai...
Kiseleff Tower looking for tenants
The construction of the Kiseleff Tower office building, a $50 million investment could begin this fall, Edmond Desliu, manager of the Romanian branch of the Germany-based Tercon, the origina...
70m euro for wood processing
Austria-based Holzindustrie Schweighofer will build a state-of-the-art factory to process softwood in the Sebes area, Alba County. Gerald Schweighofer, Holzindustrie Group chairman, said the...
$17.4 million deal for 10% in Alro
A 9.8 percent stake in aluminium plant Alro Slatina changed hands through a special transaction worth approximately 17.4 million dollars on the Stock Exchange on Friday. The deal is actually...
No more than 4.5% for three-year USD-denominadet bonds
About three quarters of the three-year dollar-denominated bonds released by the Finance Ministry on Wednesday remained unsold because many banks bid unacceptable yields as far as the State w...
104 more Siemens trains for CFR Calatori
The initial contract concluded between Siemens and CFR Calatori for buying 120 trains stipulates 104 more trains worth nearly 300 million euros (the 120 had cost 320 million euros) may be bo...
Deputies want fair play for advertising
Comparative publicity that denigrates or disparages competition will be banned, as ruled by deputies on Tuesday, who enacted a Government Ordinance modifying the Advertising Law. The ordinan...
Tender plans for partnership and expansion
Tender Group has submitted a letter of intent for buying Privatisation Authority's (APAPS) stake in Solventul Timisoara. Tender has also placed a bid for Carom Onesti, and is interested in t...