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Dexia drops out of race for CEC
French-Belgian group Dexia, whose assets stood at 509 billion euros at the end of 2005, and which competed for BCR last year, has dropped plans to submit a bid for CEC, banking sources told...
Number of buyers on BSE close to record high
The monthly number of Romanian buyers on the Bucharest Stock Exchange increased by almost 2,300 last month against May, to 11,600 buyers, almost reaching the 12,500 record high, hit in the f...
PWC gets 12m euros from the sale of Electrica's "jewel"
PricewaterhouseCoopers (PwC), a part of the so-called Big Four professional services companies that operate worldwide, is to collect a fee worth 1.5% of the value of Electrica Muntenia Sud's...
Live Nation cumpara House of Blues pentru 275 mil. de euro
Reprezentantii companiei Live Nation, cel mai mare organizator de concerte din SUA, au anuntat ca au ajuns la un acord de preluare a celei de-a treia companii de pe piata, HOB Entertainment,...
Business of Ambient Sibiu up 85%
Ambient Sibiu, one of the leading construction material distributors, posted sales worth some 63 million euros (220.3 million RON) in the first six months of this year, an 85% increase again...
PepsiAmericas completes purchase of Romanian bottling operation
PepsiAmericas, Inc. yesterday announced that it has acquired the remaining 51 percent of the common stock of Quadrant-Amroq Bottling Company Limited (QABCL), making it a wholly owned subsidi...
Number of employees reaches six-year high
The recruitment in the trade sector, administration and technology-related industries has taken the number of employees in the economy to the highest level reached since November 1999, that...
Business plan of over 33m euros for Alka
Alka, one of the leading wafers and biscuits producers on the Romanian market, estimates business worth over 33 million euros for this year, a 35% increase against last year. "We are countin...
Budget deficit target to go up to 2.5% of GDP
Finance minister Sebastian Vladescu confirmed on Wednesday at the Government headquarters that the budget deficit target for this year would be increased from 0.9% set after the April adjust...