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Immoeast buys Euromall Pitesti for almost 90 million euros
Immoeast, the most active real estate investment fund on the domestic market is in advanced talks to purchase the Euromall Pitesti shopping complex. According to sources on the real estate m...
NBR: exchange rate to set the tone for price variation
The monetary policy signals sent by the NBR (National Bank of Romania) by means of the interest rate channel, have continued to be weakened by the central bank being a net debtor to commerci...
10m-RON profit for SSIF Broker
Brokerage company SSIF Broker in Cluj-Napoca, posted a gross profit worth 8.4 million RON in the first quarter of the year, with the figure exceeding 10 million RON four months into the year...
AJOFM organises job fair for Nokia
The County Employment Agency (AJOFM) in Cluj will organise the biggest national job fair next week, in order to hire around 1,300 people for the Finnish phone company Nokia and other related...
Barclays looks for buyers of covered bonds
Barclays Capital, one of the biggest global investment banks, has started to look for buyers of covered bonds in Romania, issued by the French company Compagnie de Financement Foncier, one o...
Up to 20% sales target for MAN lorries importer
MHS Truck&Bus, exclusive importer of MAN lorries, has invested 6 million euros in the biggest car centre dedicated to the MAN brand on the local market. The centre takes up 12,000 square met...
Bigger loans available for high-income clients
High-income customers can now get bank loans twice as high under new eased lending conditions, a result of the NBR's approval of banks' lending norms. However, clients with low incomes may f...
Poles acquire Fiba and Net Consulting for 13.5m euros
The Polish IT company Asseco has acquired around 70% of shares of the Romanian companies Fiba Software and Net Consulting, through cumulated transactions worth over 15,6 million euros. "Asse...
18m euros for Bucharest's first racing track
The investment into setting up the Bucharest Ring track, where the Formula 3 and FIA GT races will be held between May 18-20, revolves around 18 million euros raised exclusively from private...