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European Union institutions hunting for 50 legal experts
The European Personnel Selection Office (EPSO) is recruiting 51 Romanian legal experts for positions at European Union institutions. Applicants are wanted for lawyer linguist positions, whic...
Bigger budget for Nuclearelectrica
Nuclearelectrica, the operator of the Cernavoda power station, will receive 96.5 million RON, accounting for 90.6% of the funds allocated to the Ministry of Economy and Commerce (MEC) as a r...
Premio comes up with benchmark index for investors
Florin Dolea, the executive manager of CA IB Asset Management, considers the existence of a benchmark index will allow investors to know from the very beginning what they are investing in, a...
Tiriac has over 500 million euros planned for real estate developments
Businessman Ion Tiriac, thought to be the richest Romanian, is now focusing on the real estate business, which has become the strategic direction for the expansion of his business. Tiriac no...
Turks at Prolemn seek locations for a plant
Kastamonu Entegre, the biggest Turkish player in the wood industry and owner of the Romania-based multi-layered wood boards maker Prolemn Reghin, stated that it intends to invest over 100 mi...
E.ON Gaz Romania turns to outside help for restructuring
E.ON German group, owner of the gas distribution company in the northern part of Romania, has hired external consultants to restructure the former state-owned company and reposition it on th...
400,000-euro income for Vel Pitar in Q1
The company''s investment budget stands at 10 million euros for this year, 40% more than in 2005. Vel Pitar Ramnicu-Valcea, one of the leading players in the milling and bakery industry, pos...
Dufa founder makes second exit for 16 million dollars
Marius Ivan, one of the founders of the paints and enamels business Dufa Romania collected 16 million dollars (13 million euros) from the sale of the 35% stake held in Henkel Bautechnik Roma...
20m-euro Dutch investment for Logan parts
Polynorm, a Dutch company specialising in automotive subassemblies manufacturing, intends to open a factory to supply parts for Dacia Logan in Romania, with initial investment set to range b...