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Erste buys employees out of BCR
Erste Bank Austria, which is to take over the controlling interests of the largest bank in Romania, has officially proposed that BCR employees get either money or Erste shares in exchange fo...
Bere Mures branches out
Bere Mures, the second largest local player on the beer market, with business standing at 40 million euros in 2005, will start to produce mineral water in mid- May, following an investment w...
Auchan takes out 10m-euro loan from BRD
BRD-Groupe Societe Generale granted funding worth 20 million euros to MGV Distri-Hyper, the company developing the Auchan network of hypermarkets in Romania. "This agreement, whose first sta...
Dafora Medias takes out loan
Dafora Medias, a company involved in oil drilling and in construction, plans on contracting an investment credit worth 6 million euros in order to acquire a drilling installation, according...
Canadians pull out of FLD
Canadians pull out of FLD
Pangram: branching out is safer
Pangram: branching out is safer
Carabulea branches out to hotel business
Atlantic Travels, a part of the Atlassib holding, is conducting an investment worth 20 million euros in a four-star plus hotel in Sibiu, a hotel which will be opened under the Romada brand i...
Unita sets out to make profit
The insurance company Unita, a member of the Austrian group Wiener Staedtische, estimates it will make profit this year. "We are planning on increasing the level of our premiums so as to exc...
Two German firms drop out of race for Bucharest
The German energy producer E.ON, one of the largest groups in the world in the utility sector, has left the race to acquire the capital''s electricity distributor, the most valuable company...