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Exotic currencies and RON chosen over the euro for credits
The euro is again losing ground to exotic currencies, in addition to the RON, when it comes to credits, with its share falling to less than 50% of the total funding granted by banks. Accordi...
Official launch for mandatory private pensions set for September 17th
The official launch of the mandatory pension system (pillar II) will be postponed until September 17th- a delay of at least one month after the previously considered date (August), the Priva...
June brings first declines for Japanese car brands
In the first six months of the year, Japanese carmakers present on the domestic car market (Nissan, Honda and Toyota) sold a total of 6,509 units, up by over 80% against the same time last y...
ING Real Estate buys Felicia shopping centre gallery in Iasi for 40m euros
ING Real Estate Management (ING REIM), the real estate investment arm of ING Group will buy the shopping gallery at the Felicia retail project in Iasi in a deal worth around 40 million euros...
Angst looks for land in Cluj for its fourth plant
Angst, one of the largest domestic charcuterie producers, is negotiating the acquisition of a 9,000 square-metre plot in Cluj county, in order to build its fourth plant, relying on a busines...
Joseph Seroussi: "For 200m euros, I will sell the business"
Businessman Joseph Seroussi, owner of four textile plants and of the No 36 clothing stores, says he would not turn down a 200 million-euro offer to sell. "If someone were willing to give me...
Hunt for retail clients drives bank network expansion
As many as 1,340 new banking branches have been opened in the last year and a half, to 4,854 in late May, which entailed an increase in the number of employees in the industry by almost 8,50...
Alexander Hughes gets 12,000 to 50,000 euros for a manager
The domestic office of Alexander Hughes, an executive search consultancy, charges a minimum of 12,000 euros for a project to recruit a manager. "Our minimum tariffs for recruitment on the do...
Pfizer: 150-euro bonus for "a recommendation"
Staff employed at the domestic unit of international drug producer Pfizer could receive a 150-euro bonus should a candidate recommended by them be recruited for the company. "Employees recom...