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First wave of acquisitions in the private medical sector over
Late 2006 saw the first important takeover on the market of private clinics, a move that was set to pave the way for a M&A frenzy. The sector boasts a 20% annual growth rate and includes bus...
Gheorghe Oprescu, appointed chairman of the Competition Council
The new chairman of the Competition Council is Gheorghe Oprescu. The Romanian president on Tuesday signed the decree related to his appointment in this position until March 2, 2009, when the...
Five Continents shareholder spends 5.5m euros for production of pressed cheese
Five Continents, a Bucharest-based producer of pressed cheese, one of the top five players on the market, according to the data provided by Nielsen market research company, puts this year's...
Petrom buys 1bn euro worth of OMV products each year
Petrom, the largest Romanian company in terms of turnover, has bought petroleum products worth over one billion euros from the branches of its Austrian-based majority shareholder, OMV, in or...
Eximbank specialises its offer of guaranteed credits
Eximbank has separated its offer of guarantee products into seven distinct fields. The guarantee products are targeted at companies that intend to develop projects in their respective fields...
Casa Radio sits on 164m-euro plot of land
The land on top of which Casa Radio (Radio House) is located, which currently is involved in a real estate project with an approximately 700 million-euro investment, was reassessed by the de...
Mercedes sells 5.5m-euro worth of sport saloon cars
DaimlerChrysler Automotive, the importer of the Mercedes brand in Romania, sold sports saloon cars worth at least 5.5 million euros between January and July 2007, with the majority of orders...
Public debt at 5-year low: 16.4% of the GDP
The total debt of the Romanian state has exceeded 20 billion euros for the first time ever, but registered the lowest level of the past few years in terms of percentage of the gross domestic...
Petroleum shares go through the roof after sale of Rompetrol
The resumption of share trading for companies from the Rompetrol group has translated into a significant rise in quotes, with the increase spreading to other issuers involved in the petroleu...