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RCS&RDS pays 3.3m euros for land in Poiana Brasov
On Thursday, RCS&RDS, a telecom operator, acquired an over 42,000 square metre area land located in Poiana Brasov, in an auction organised by the State Protocol Patrimony Regie. RCS&RDS paid...
Shimon Galon, GTC Romania: Real estate boom will last for 3 or 4 more years
Shimon Galon (photo), the head of the Romanian division of GTC, an Israeli-based real estate developer, is currently working on more than ten real estate projects, which total one million sq...
Rapid growth in salaries, a nice surprise for pension funds
A rapid growth in the average salary across the economy means that the assets of private pension funds are set to increase beyond expectations, which has stirred a great deal of interest on...
RTPR: On the business law market, the battle is fought for clients and large deals
Radu Taracila Padurari Retevoescu (RTPR) law firm, one of the most dynamic firms on the domestic market, envisages a linear development for both its business and team, and does not rule out...
80% of major hotels' rooms reserved for NATO summit
Bucharest's hosting of the NATO summit, an event that will to bring together 3,000 delegates and 48 heads of state and government, at a cost of around 35m dollars, could bring the Capital's...
Five Continents shareholder spends 5.5m euros for production of pressed cheese
Five Continents, a Bucharest-based producer of pressed cheese, one of the top five players on the market, according to the data provided by Nielsen market research company, puts this year's...
Interamerican's vice-president leaves for ING Asigurari
Emilia Bunea, vice-president and financial manager of the insurance company Interamerican, is set to fill the position of financial manager at ING Asigurari de Viata (ING Life Insurance) fro...
Interest rate for credits in euros down from 9 to 8%
The spread between interests operated by banks for individual clients for credits in euros and those paid for deposits has lowered significantly over the past year. Whereas in June last year...
Insurers: Too much red tape for mandatory home insurance
The government on Tuesday approved the law draft on mandatory home insurance, however, insurers are not happy with its current form, and believe it involves too much red tape. "The system is...