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Teszari gets 2m-euro dividends from RCS Management
Businessman Zoltan Teszari, 38, will collect dividends worth 2m euros from the income generated by RCS Management, one of the vehicles through which RCS&RDS, one of Romania's biggest telecom...
Adamescu brings construction workers back from Spain
Baumeister, a constructions company owned by businessman Dan Grigore Adamescu, is in talks to bring back Romanian workers from Spain. The workers will be employed in two housing projects dev...
Prodplast, 65m euros from land
Plastics producer Prodplast Bucuresti (PPL) has recently reassessed its assets with a view to breaking up the company. The value of assets stands at 275.7m RON (around 76m euros), from 42m R...
Porsche separates real estate from automotive operations
Porsche Romania, the largest vehicle importer on the local market, is separating its operations, setting up a real estate firm, to which it will transfer its land and buildings, worth almost...
Unirea Shopping Center: 19.3m euros from rents
Unirea Shopping Center (SCDM), the company that controls the store of the same name in central Bucharest, last year derived rent revenues worth 64.4m RON (19.3m euros), up 15% year-on-year....
Orange: We'll end up luring new clients away from rivals
The telecom market is set to expand rapidly with operators expected to poach one another's customers. Mobile Internet services will be crucial to operators' ability to maintain high revenue...
Three euro billionaires from FMCG retail and distribution
In FMCG distribution and retail three players-Interbrands, Rewe and Metro, have exceeded the sales threshold of 1bn euros (Metro also derived its second billion after it entered the hypermar...
Finance Ministry gets 1.9bn RON from domestic banks
At the end of last week the Finance Ministry turned to the domestic market to cover its temporary cash needs, and raised no less than 1.9bn RON (517m euros) from domestic banks, in a one-wee...
Globinvest manages 1.4m euros from foreigners
Foreigners have invested 1.4m euros in the funds managed by Cluj-Based company Globinvest, attracted by the yields the Romanian market has brought in recent years. Foreigners' investments we...