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Carabulea spends 10m-euro on buses from Cefin
4BUS, a division of the Cefin holding, has delivered over 100 buses for intercity and international transport to transporter Atlassib, held by Ilie Carabulea, the leading businessman in Sibi...
AIG Life makes biggest profit on the market in H1
AIG Life, the second largest player on the life insurance market, posted a gross profit worth 24 million RON (over 6.5 million euros) in the first half of the year, double against the same t...
Deloitte: 20% of deals started are on hold
"It has to do with the subprime crisis. Most of our customers are multinationals that are being affected by market conditions, particularly investment funds that specialise in real estate. T...
Parmalat bets on major clients to offset cost increase
The profit of Parmalat Romania, the producer of Santal juices, could resume a downward trend this year given the increase in the costs of the company and the slowdown of the market's develop...
Altex's Ostahie ventures on banks' turf with personal loan product
Dan Ostahie, the majority shareholder of electrical and IT retailer Altex, plans to consolidate the company's position on the non-bank financial sector through Credex by launching a "Persona...
Romtelecom brings German manager on board
Wolfgang Breuer, 44, former vice-president of Deutsche Telekom for Central Europe and CEO of T-Mobile Croatia has been recruited by Romtelecom for the position of chief executive of technolo...
Orkla up 50% on pate market
Orkla Foods Romania, the local division of the Norwegian food producer, has posted an over 50% increase on the meat pate segment in the first seven months of this year against the same time...
Beyler to build 150 villas on the site of current plant
Beyler Galati, a doors manufacturer, intends to relocate its activities following a 7 million-euro investment and will develop a 150-villa district on the site of the current plant, a projec...
On the move
Carpatcement Holding Ioan Zeicu, director general Ioan Zeicu, in varsta de 56 de ani, este noul director general al sucursalei din Bicaz a companiei Carpatcement. Zeicu, care a ocupat pana i...