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Ciorcila, BT: We are not selling the bank
Horia Ciorcila, chairman of the Board of Directors of Banca Transilvania (BT), says he is not in talks with anyone to sell the bank, and rejects all the speculations circulating on the marke...
Cora: Rising food prices have not hurt sales yet
Eugen Zbircea, manager of Provera, the procurement centre for Cora, Profi and Albinuta stores, says the company's turnover could reach 313m euros this year, with part of the increase trigger...
Bucharest beats Warsaw in terms of rents, but not in quality of life
Bucharest ranks 108th out of 215 cities in an international ranking of the best cities to live in, put together by human resources consultancy Mercer. The capital climbed three positions in...
Ten years not enough to match Western productivity
Cezar Coraci, chairman of the General Union of Romania's Industrialists UGIR 1903, says the lack of a skilled workforce, the high indirect costs of business and the instability of the fiscal...
Biris: Crisis did not affect Upground's sale
Gabriel Biris, managing partner of law firm Biris Goran, which assisted the developers of the Upground project in its sale to a real estate division of Deutsche Bank for 340 million euros, s...
Apemin Tusnad is not expecting takeovers on the mineral water market
Florin Nechita, the new marketing manager of bottler Apemin Tusnad, believes the local mineral water market will not be dominated by 3-4 players, as is the case on other more complex markets...
Intesa Sanpaolo and C.R. Firenze will not merge this year
Intesa Sanpaolo Bank Romania and C.R. Firenze Romania will continue to operate independently this year, although both banks are part of Intesa Sanpaolo Grup, and at the beginning of the year...
Stadler, Audi: We are not ruling out Romania for a new plant
The chairman of Audi AG's Board of Directors, the premium division of the German group VW-Audi, told ZF Audi was considering building a new plant, in order to increase production capacities,...
Anchor Group set not to exit retail
Ali Capa, the chief financial officer of Anchor Group Romania, owner of G'Market supermarkets, believes store location in shopping centres and in city central areas will allow the network to...