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Former Dufa founder bets on construction supplies
Marius Ivan, who collected 7.2 million euros from the sale of a stake in Düfa Romania, a paint and varnish business, has set up a new business, in the domain of construction materials distri...
Urex Rovinari, taken over by former executives
Societatea Uzina Mecanica Rovinari (UMR), set up in the middle of last year by former executives of the Urex Rovinari plant, won the bidding for the sale of the majority stake in Urex on Fri...
Former AVAS head joins law firm
Gabriel Zbarcea has joined the team led by Florentin Tuca, which consists of lawyers that left Musat & Asociatii last year. Gabriel Zbarcea, 33, has been a managing partner for Tuca & Asocia...
OMV brings former BP manager to Petrom
Jeffrey Rinker, a former manager with British Petroleum, the largest petroleum company in Europe, is the new head of the refining and petrochemical products department of Petrom as of this m...
Former owner of Pharmatech Targu-Mures enters cosmetics industry
Mioara Sipos, one of the two founders of the pharmaceutical company Pharmatech, a business sold to Lek group in late 2000, will start a project linked to the production of dermato-cosmetics...
Former Gourmet owner starts collective farm
Mihai Lungu, a former state secretary from the Ministry of Agriculture and a former shareholder in processed meat producer Gourmet, has established a collective farm for rearing swine. The n...
MOL feeds 67m euros into former Shell
Investment in Romania by Hungarian petroleum group MOL has increased significantly after the registering with the Trade Registry of a new company, Mol Ro Comert SRL, in April, with a subscri...
Insurer Asirom recruits former Eximbank chairperson
Insurer Asirom recruits former Eximbank chairperson
Stock as reparations to former owners, the biggest business of the next decade
Stock as reparations to former owners, the biggest business of the next decade