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Solution proposed for SIFs to address shareholder dispersion issue
Over 9 million participants to the Mass Privatisation Programme could soon pay some of their taxes to the state not with cash but with shares. It is about the residual shares in SIFs, which...
10m dollars for Carpatair
Carpatair closed a 10-million dollar contract with SITA for a seven-year period, in order to completely automate services provided to its clients and its administrative activity, with the in...
Beer market heading for 1bn euros
The beer market will exceed the 800m-euro mark in 2010, with sales to grow at a 2-3% pace annually. While volume booms were registered between 2002-2004, a boom of brands included in the pre...
Matizol budgets 9.3m euros for this year
Matizol Ploiesti, a producer of waterproofing products, has budgeted revenues worth some 9.3 million euros, according to company officials. Matizol Ploiesti was taken over by the Swiss group...
Best Western in talks for second hotel in Bucharest
The Best Western hotel chain is in talks to affiliate a second hotel in the capital, a move, which will take place by the end of the year, Malin Malineanu, CEO of the company, told ZF. "It i...
Head of Pernod Ricard leaves for Croatia
Corneliu Valsan, general manager of Pernod Ricard Romania, one of the leading players on the imported spirits market, will leave his current position to run Pernod Ricard''s business in Croa...
CEZ wants Electrica Muntenia, but not for too high a price
The representatives of the Czech energy group, CEZ, have said they will deliberate over the following days whether the Electrica''s crown "jewel" "is worth or not" 750 million euros. Jan Ves...
CEC will only be sold for a significant amount of money
The sale of the stake in Casa de Economii si Consemnatiuni (CEC) will be done only for a significant amount of money, with the Romanian authorities reserving the right to reject all bids, if...
Constanta, the new focus for retail developments
Constanta, the second most populated city in Romania, has become the focus of big retail projects this year. During the last two weeks, two large-scale retail projects have been announced on...