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SIF Muntenia has got money to spend
SIF Muntenia has been selling out its stakes in several companies since the beginning of the year, with the money it received from restructuring its portfolio to be used largely to purchase...
Citibank has a new chairman
Citibank Romania continues to frequently change its chairman, by replacing the Polish Witold Zielinski this month after two years in charge of operations, with the Pakistani Shahmir Kaliq, 3...
Metropola Imobiliar has big office building plans
The company, part of the Montero group, which operates in the pharmaceutical industry, also has several commercial and residential projects. Metropola Imobiliar will complete an office proje...
Transelectrica has 452m-euro business plan
For the coming year, Transelectrica projects turnover standing at 1.6bn RON (452m euros), 23% higher than the level reached this year. The company will be floated on the Bucharest Stock Exch...
Domo has 8m euros for large stores
Electronics and home appliances retailer Domo will invest 8 million euros next year when it plans to expand its network of stores covering a large surface area stores. "We want to open three...
One month after its launch the RON has barely entered people''s vocabulary
One month after its launch the RON has barely entered people''s vocabulary
DuPont has big plans for Romania
US giant DuPont has gained a foothold on the Romanian market by opening a subsidiary. The 27bn-dollar company also announced it was eyeing acquisitions and planning construction of greenfiel...
Population has visibly higher purchasing power, says Sarantis
Sarantis Romania, the company formerly known as Romsar Cosmetics, has seen its sales on the Romanian market grow by 15% over the first four months of the year. "The first-quarter figures are...
Renault has largest export centre in Pitesti
Renault has largest export centre in Pitesti