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RCS&RDS owner is Romania's second billionaire
The listing of the telecom group RCS&RDS in London will put a spotlight on Romania's second billionaire - Zoltan Teszari, 37, the main shareholder of the group. Romania's first ever billiona...
Is a global crisis looming?
Falls at bourses around the world are causing tremors. Not a few voices are alluding to a looming crisis in financial markets. Even statements of leading central bankers sound pretty worryin...
Hot weather is as good as football for brewers' business
Beer sales increased to over 230 million litres in June, compared with the same time last year, which means Romanians spent over 200 million euros on buying beer in the first month of the su...
Continental: Romania is an increasingly attractive market
Martin Kleinbrod, general manager of Continental Romania, one of the leading German investors in the auto parts industry, believes that economic development in Romania is transforming the do...
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ING Bank: NBR is losing patience
Foreign currency sales conducted by foreign speculators are now beginning to test the patience of the NBR (National Bank of Romania) after quotes on the Bucharest forex market were pushed to...
German retailer Hornbach: shortage of skilled workers is a problem
Representatives of the German construction materials retailer Hornbach, which has recently opened its first store on the domestic market, in Bucharest, believes the increase in the costs of...
Raiffeisen: Real estate market is overheated
Many areas of the real estate market are overheated, and risk management must be conducted cautiously on the basis of thorough information, believes Marinel Burduja, first vice-chairman of R...
Curiero is looking for acquisitions in the region
Postal and courier service company Curiero, one of the largest players on the domestic courier market, intends to become involved in international regional courier activities starting next y...