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88m euro sales for Holcim
Cement producer Holcim Romania estimates to see its sales volume up about 5% this year, compared with the 88 million euros last year, CEO Kurt Habersatter on Monday said. "The activity of th...
$125m tender for Islaz hydropower plant
Hidroelectrica will organise a tender to select the company to build the Islaz hydropower station by June. The total investment is worth $125 million, general manager Eugen Pena told Mediafa...
28 Shells for sale?
Europe's second leading oil group Royal Dutch Shell is in talks with other operators in the industry to sell 28 gas stations on the Romanian market, sources on the domestic oil market say. S...
Mara Hotel up for sale
Three groups of foreign investors, two of them from Israel and one from the US have voiced interest in buying the Mara Hotel in Sinaia, Ionel Blanculescu, chairman of the Banking Assets Reso...
More ROL for credits
The decline of the interest rates for credits in ROL is starting to show. The same is happening to the interests for deposits, which have practically plummeted, discouraging short-term savin...
Six hotels up for sale
Tourism is a more and more attractive investment field, yet hotel operators seem to have a different opinion of the matter. The real estate agencies in Timisoara have six hotels for sale in...
Last call for privatisation. Liquidation comes next
The Privatisation Authority (APAPS) by the end of June will privatise all the 23 companies set to shed jobs. APAPS seems to have finally made a big decision: anything that cannot be privatis...
Yazaki scouting for new locations
Although newly entered on the Romanian market, Japanese group Yazaki is already looking for new potential locations for its productive business. It has just bought a piece of land near Ploie...
RASDAQ waiting for Dracula
Shares of the Tourism Development Fund Sighisoara SA (FDTS), the company established in order to build Dracula Park, will be listed on the RASDAQ market only after all the procedures for aut...