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ALBA ProjectManagement, consulting for projects worth 60m-euros
The domestic arm of Germany's ALBA BauProjektManagement, a provider of consulting services for Greenfield investment projects, estimates it will coordinate, from its Cluj office, projects in...
Next Patriarch's no.1 task: raise money for Cathedral
The most important task for Romania's next Patriarch will be the construction of the Cathedral of the Nation's Absolution, which is set to cost several hundred million euros and for which th...
Africa Israel pays 77.5m euros for Laromet
AFI Europe, part of Africa Israel Investments, the Israeli real estate group developing Cotroceni Park in the capital city, has acquired a plant in Bucharest's sector 1 covering an area of 1...
Charlemagne has 300m-euro projects planned for this year
European Convergence Development Company (ECDC), controlled by the British company Charlemagne Capital, plans to start three projects by the end of this year, with a cumulated value of appro...
Bucharest, the place to be for investors
The Business Process Outsourcing (BPO) centre US-based Accenture company opened in Bucharest last year may become the company's biggest European outsourcing centre, according to Alasdair Gle...
Carrefour's private label accounts for 9.5% of its textiles sales
n no more than a year, the Carrefour hypermarket network will start producing textiles domestically, under its own brand, Tex, in collaboration with domestic textile manufacturers. The Tex b...
ASCI targets 7m-euro turnover for this year
Sighisoara-based Automotive Safety Components International RO (ASCI), which is part of the American group Safety Components International, one of the leading airbag producers, estimates a 7...
CMU anticipates 7m-euro turnover for 2007
Private medical services company Centrul Medical Unirea (CMU - Unirea Medical Centre) will invest 5 million euros next year in two large-scale projects, after the company budgeted investment...
Equest could list Domo on the London SE for full takeover
British investment fund Equest Investments Balkans (EIB), which, through its subsidiary Lynx Property, took over 75% in Domo, the third largest electronics and home appliances retailer in Ro...