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Immoeast pays 200m euros for former Rocar and other plots of land
Austrian investment fund Immoeast has acquired the real estate portfolio of UK-based Longbridge for some 200 million euros. The portfolio comprises several plots of land, such as the site of...
Advent brings former Terapia head to LaborMed
Investment fund Advent International, which paid more than 120 million euros to buy drug manufacturer LaborMed Pharma in its entirety, will bring Stephen Stead to the helm of the company in...
First Jacobs coffee shops open in former Nescafe locations
Kraft Foods Romania, which derived turnover worth around 150 million euros last year, has opened two Jacobs coffee shops on the site of the former Nescafe coffee shops, following a partnersh...
Saudi Oger puts former banker at the helm of Zapp
Piermario di Pietro and Victor Stan, CEO and CTO of Telemobil, the company that operates the mobile phone network Zapp, resigned on Wednesday after a meeting attended by the company's manage...
Former football player Ioan Andone enters McDonald's business
Ioan Andone, the coach of the football team CR Cluj, the current leader of the Romania's first league, is interested in entering the McDonald's business, and intends to open three restaurant...
Caroli recruits former CEO of JTI
Charcuterie producer Caroli Foods, one of the top three players on the market, has appointed Haluk Akdemir, the former executive manager of Japan Tobacco International (JTI) to the position...
Former Polimeni head founds real estate firm
Stefan Gheorghiu, a former country manager with US-based Polimeni, which has recently withdrawn from the Romanian market, has set up his own real estate development company and plans to carr...
Accenture recruits the former head of Motorola
Aurelian Sima (45), who ran Motorola's business for six years on the domestic market, has taken over the reins of the Business Process Outsourcing (BPO) centre in Bucharest of the American c...
Former TotalSoft and Medicover shareholder invests in hemp
Businessman Dan Lazarescu (photo), 61, former manager and shareholder of the private services supplier Medicover and software company TotalSoft, has invested over 1.7 million euros in a hemp...