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Distrigaz Sud and Megaconstruct, the only bidders for Petrom Distributie Gaze
French Distrigaz Sud, the biggest natural gas distributor with operations in the area of Bucharest, and Megaconstruct company held by businessman Dan Adamescu, owner of Unirea Shopping Cente...
BAT chooses Bucharest for financial services centre
British American Tobacco (BAT), the largest consumer goods producer on the domestic market, has selected Bucharest to open a financial service centre - British American Shared Services Europ...
OBI to hire 400 people for new stores
OBI, the Germany-based DIY store network owned by Tengelmann group, will open its first two stores on the Romanian market, in Oradea and Bucharest, this year. According to Gunter Grieb, chie...
BCR seeks 50,000 clients for savings and loan products
BCR Banca pentru Locuinte (BCR Housing Bank - BCR BpL), the third player to provide savings and loans products for housing, has targeted 50,000 clients within its first year in business and...
Transport Ministry asks for 600m euros at budget adjustment
The Ministry of Transport has asked to be awarded around 600 million euros at the next budget adjustment, in order to speed up road and railway infrastructure projects. Priorities include th...
Cumpana GM leaves for Ruukki
Valentin Nita, 40, the former general manager of Cumpana, the second largest player on the watercooler distribution market, has taken over as country sales director of the constructions divi...
Tight competition delays cost increases for credits in euros
Top ranking retail banks are yet to make credits in euros more expensive, after the signal sent last week by the European Central Bank, amid heated competition from players seeking to gain m...
Gloomy forecasts for credit insurance market
The future of credit insurance looks dim, after having been a thriving business for insurers for many years. Players expect the market to stall, just like last year, or contract, whilst it d...
Ferretti: Romanians pay 1m euros for a yacht
Alessandro Tirelli, Europe area manager with Ferreti SpA, a company deriving annual turnover worth almost one billion euros from boat sales, says one million-euro boats sell best on the loca...