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Oresa buys 3 plants for 32.5m euros from Somaco
Swedish investment fund Oresa Ventures will acquire three production facilities that belong to construction materials producer Somaco (SOMZ), based in Bucharest. The deal includes the Somaco...
Styropan budgets 100m-euro turnover from thermal-insulating materials
Styropan, based in Buzau, a part of the Taiwanese group Living Plastic, will invest around 20 million euros in the coming two years to expand the production facility for thermal-insulating m...
Dragomir & Asociatii recruits 2 lawyers and 8 graduates from 100 applicants
Law firm Dragomir & Asociatii, which posted revenues worth 1.4 million euros last year, targets at least 2 million euros in turnover this year, as well as the expansion of its team, which nu...
How to get 60% of a pension from private funds
An employee can get at least 60% of their pension from private pension funds if they save at least 100 euros per month in a voluntary pension fund. Such a contribution to a voluntary pension...
RTPR's path from Linklaters to Allen & Overy partnership
With four years of experience at Linklaters and four years of independent experience, RTPR - Dragos Radu, Costin Taracila, Victor Padurari and Alexandru Retevoescu has managed to bring Allen...
Gica Popescu, from football to real estate
Although he is reluctant to talk about this sector, real estate has proven to be a more profitable venture than a career in football. Despite the fact Popescu considers himself a novice in b...
Electrolux: Relocations from Western Europe prompt local consolidation
The relocation of 50% of home appliances manufacturer Electrolux's production facilities from Western Europe to countries where fixed costs are lower will consolidate the company's operation...
From beer to hotels and clinics
Gheorghe Grec, one of the founders of beer producer Bere Mures (which was sold to Heineken), has decided to use part of the 35 million euros collected from Heineken to buy back four-star hot...
What Romania stands to gain from its 45bn-euro petroleum reserves
The tripling of crude oil prices over the last few years to 130 dollars a barrel has brought Romania's reserves to around 550 million barrels of petroleum, all of them operated by Petrom to...