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Rotary and Bog'Art in the race for retrofitting Government HQ
The construction company, which will retrofit Palatul Victoria (Victoria Palace), the Government headquarters, a project estimated at 13 million euros, will be selected via direct negotiatio...
Global food shortage to bring high gains for big farmers
The increasingly high demand for food and biofuels (which are promoted by the EU) will bring Romanian farmers business increases of up to 30% against 2007. The cumulated business of the lead...
Bleyzer targets floatation on Western stock markets for its companies
American investment fund SigmaBleyzer, which entered the Romanian market last year through the acquisition of dairy producer Covalact, aims to boost the value of its purchased companies with...
Insurance policy for TAROM damaged aircraft: $10m
"On January 2 and 3, the representatives of Britain's Air Claims Service, an aviation claim assessment and settlement firm appointed by the reinsurance company, conducted, together with Astr...
Pirelli recruits Romanian workers from Italy for local market
Italian tyre producer Pirelli will recruit skilled Romanian workers from Italy in 2008 for its Romanian-based plants, as part of a project conducted by the Ministry of Labour in partnership...
Profi headed for Bucharest
Profi, the network of discount stores, a member of French group Louis Delhaize, expects turnover to go up by 30% in 2008. The estimate includes the projected sales of Albinuta, a network the...
Hypo Real Estate targets big cities for real estate financing
Hypo Real Estate Bank International, the international division of the largest German real estate finance group, is considering expanding its operations to the big cities in Romania, after g...
Bere Mures owners ask for at least 150m euros for their company
Bere Mures producer, the biggest independent player on the domestic beer market is now up for sale. Its owners are trying to find an investor to pay at least 150 million euros. Top contender...
ING overshoots 1m-client mark for mandatory pensions
ING's mandatory private pensions fund (pillar II) overshot the 1 million-client mark on Wednesday, said company representatives. ING Pensii (ING Pensions) has increased its share capital by...