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HVB Tiriac - UniCredit Romania merger project submitted for shareholder approval on March 9
The merger project of HVB Tiriac and UniCredit Romania will be submitted for the approval of the shareholders in a meeting to take place on March 9. The agenda includes the report drawn up b...
Scania to spend 5m euros on service facilities
Scania Romania, the general importer of the Swedish brand, in collaboration with two independent dealers, will invest about five million euros in building four vehicle service facilities in...
Individuals' overdue payments on small loans, 78m euros
Individuals' overdue payments on small loans in November climbed to 268 million RON (the equivalent of a little more than 78 million euros). Against November 2005, the volume of outstanding...
On the move
BUSINESSCOPE Laurentiu Popescu, partener Laurentiu Popescu, seful filialei locale a companiei de consultanta IDC, a parasit compania si va deveni partener in cadrul companiei de consultata s...
No more significant growth on cosmetics market
Raluca Kisescu, the marketing manager of Avon Cosmetics Romania, the largest cosmetics importer on the local market, says that companies will not see significant rises in turnover over the f...
FCC Construction wants in on real estate projects
FCC Construction, one of builders of Basarab road tunnel of Bucharest, will enter the real estate market this year, after having carried out only infrastructure works for two years, says Alc...
After rebranding, Altex focuses on opening large stores
Altex, the largest domestic retail network of electronics and home appliances has closed 32 outlets last year, which covered a total surface area of over 9,000 square metres, while the store...
Cargus banks on 45% rise in turnover
Cargus, the domestic and international courier company derived gross profit worth 2.1 million euros last year, down from the previous year's figures, according to the company's preliminary r...
Retail helps BT rise to No.5 on the market
An increase in retail operations over the last three years has propelled a new player, Banca Transilvania, to the fifth spot in the banking assets ranking. BT doubled its market share from 2...