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High salaries for senior jobs in real estate
Salaries for top management positions in the real estate sector are extremely high and reach almost ridiculous sums, believes Ulrik Rasmussen, a partner with Pedersen & Partners, one of the...
Romania enters global top 10 for beer consumption
Beer consumption reached 100 litres per capita at the end of last year, which means Romania is among the top ten countries in the world in terms of annual beer consumption. Romanians last ye...
Fondiaria will bid for Asiban
Fondiaria-SAI, Italy's second-largest insurer, is interested in taking over Asiban, one of the largest players on the local insurance market, which was put up for sale in the second half of...
Astaldi: Total contract for Bucharest International Airport worth 300m euros
Italian company Astaldi, one of the most active companies on the Romanian constructions market, will be involved in the third stage of development and modernisation of Henri Coanda Internati...
Euro 2008: 6m-euro business for travel agencies
The qualification of the Romanian national team for the Euro 2008 football championship is expected to fetch travel agencies an additional 5 million euros in revenues, although tickets for R...
Romanian bankers, attractive for foreign banks
The latest regional promotion was that of Mihaela Bitu, who took over ING's lending operations in 10 countries. What are Romanians' strong points and why do they seem to be put to better use...
Cargus takes out first credits for expansion
Cargus, one of the leading players on the domestic courier market, will start an investment programme worth over 10 million euros this year, in order to sustain an annual 50% turnover growth...
Erste seeks buyer for Anglo-Romanian Bank
Erste Bank, the majority shareholder of BCR, has started preparations for the sale of the Anglo-Romanian Bank, one of the largest subsidiaries of BCR (Romanian Commercial Bank) Group. The An...
Patriciu pays 500,000 euros for 30% of Heritage
Businessman Dinu Patriciu, the CEO of Rompetrol group, who has an estimated fortune worth 3 billion dollars, has become a shareholder in the company that holds the Heritage restaurant, also...