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Former Continental Hotel in Cluj on sale for 15m euros
Businessman Dorel Tamas, owner of the Continental Hotel in the centre of Cluj-Napoca, via Ardeleana, based in Alba Iulia, could collect 15 million euros for the building, after it is turned into a shopping gallery. "So far, six companies are interested in acqu...
Popovici Nitu takes on board former NBR & ZRP lawyer
Law firm Popovici Nitu & Asociatii, one of the leading players on the local law market, has recruited Serban Patriciu as senior lawyer with the project finance team. He formerly worked with...
Former private pension CEO speaks out
One of the eight private pension firm CEOs who lost or gave up their positions less than one year since the start of the system has agreed to speak to ZF about the reasons behind his departu...
Former VikingProfil shareholders to invest in different sectors
Marius Ghenea, one of the founders of electronics retailer Flamingo, and Radu Mircescu, former shareholder (along with Ghenea) of metal tiles producer VikingProfil, will invest the 3-4 milli...
How a former business journalist sold a 64m-euro business
Former banker Doru Lionachescu and his associates have sold 51% of Capital Partners, the largest local investment brokerage firm, for 32 million euros to Greek-based Piraeus Bank. The deal a...
Advent brings former Terapia team to LaborMed
Stephen Stead, the British manager that Advent International investment fund appointed at the helm of drug producer LaborMed Pharma, has recruited Lucian Codreanu (as Commercial Manager), Mi...
Former head of Novartis enters consulting market with Nestor law firm
Nicolae Voiculescu (44), former head of the local division of Swiss pharmaceutical giant Novartis, has founded a healthcare consulting company, Link Resource, and announced on Monday a partn...
Arabesque replaces former textile mill with shopping complex
Arabesque, the leading supplier of construction supplies and finishes, has started work on a new shopping centre in Suceava County on the site of the former textile factory of the Akrom Akal...
Former Pfizer manager invests in boat showroom
Gabriel Hanganu, former manager of pharmaceutical company Pfizer's local division until 2000, has opened a pleasure boat showroom in Bucharest, close to the Otopeni bridge, after an investme...