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Relad head relinquishes his position
Cezar Zaharia, the general manager of drug distributor Relad, which ranks second on the domestic market, has given up his position as head of a company that generates annual turnover worth above 200 million euros. Zaharia took over the position last August, se...
How Marius Ghenea tripled his construction investment in seven months
Marius Ghenea, one of the first business angels on the local market, has invested around one million euros in a metal roofing business and is set to cash three million euros. Ghenea, 39, one...
Each Romanian will be able to calculate his or her "own" inflation
The National Statistics Institute (INS) intends to enable Romanians to calculate their own consumer price index based on the prices paid and on each individual's spending structure, with the...
Bodo: Continental Hotels exit, his most difficult deal
Francisc Bodo, former chief investment officer with GED private equity company, says the exit from Continental Hotels was the most difficult deal he has participated in, with the listing of...
Florentin Banu starts his 3rd real estate project in Timisoara
Businessman Florentin Banu, the man behind the Joe wafer brand and supermarket network Artima, will start his third real estate project in Timisoara by the end of this year, which targets th...
Radu Georgescu strikes his second deal with an IT giant
A consortium of seen investors, which includes an investment fund financed by the American giant Cisco - the leading supplier of networking equipment worldwide - has acquired 11.7% of the sh...
Lilly's top man leaves to start his own business
Marius Savu, the general manager of the domestic unit of US drug maker Eli Lilly, intends to relinquish his position at the company and start his own business. At the moment, Savu is conside...
Transavia owner sets his sights on Avicola Brasov
Businessman Ioan Popa, owner of Alba-Iulia-based Transavia - one of the biggest domestic poultry producers, which reported a 42m-euro turnover last year, plans to acquire an over 50% stake i...
Iulian Stanciu on his debut in agriculture
Iulian Stanciu, one of the shareholders of the IT&C company Asesoft Distribution, which bought 50% of the shares of two companies involved in vegetable production and processing, says agricu...