over
483 articole · RSS
Voestalpine: It is difficult to negotiate with over 100 landowners
Negotiations between the state and Voestalpine on the signing of a memorandum of understanding (MoU), which could pave the way for an around 5 billion-euro investment in a steel plant, are being delayed due to the demands of landowners whose plots are being ta...
Dragos Grigoriu sells Tempo Media in a deal worth over 20m euros
Dragos Grigoriu, creator of Tempo and a leading player in the Romanian advertising industry, has clinched the biggest deal sealed so far on this market after he sold the media unit to Britai...
OTP ends first half with over 5 million-euro losses
OTP Bank Romania ended the first half with a net loss worth over 5 million euros, most of which was accumulated in the second quarter, due to the increase in credit loss reserves by no less...
Porsche sees 6% increase in seven months and sells over 600m euros worth of cars
The biggest player on the car imports market, which generated turnover worth above 1bn euros last year according to ZF estimates, sold 34,036 cars in the first seven months of this year, up...
Expat community in Romanian business costs over one billion euros a year
Companies that employ the around 10,000 expats that work in Romania fork out 100 million euros each month (1.2 billion euros per annum), given that the average salary package of a foreign ma...
Patriciu, in talks to take over Anglo-Romanian Bank
Businessman Dinu Patriciu has entered the race to acquire the Anglo-Romanian bank, which is completely held by BCR (Romanian Commercial Bank) and was put up for sale by Austrian-based Erste...
Voluntary pension funds win over another 7,000 clients
July was a weaker month for voluntary pension funds compared to June, when the number of clients went up by 22,400- the highest monthly rise so far. Voluntary pension funds (3rd pillar) attr...
Orange in talks to take over Euro-GSM, last locally-held major GSM retailer
Cluj-based businesspeople Silvia and Zsolt Fodor could relinquish control of the last big player in GSM retail, in order to focus on real estate (a five-star hotel and a housing & commercial...
Blue Air owner wants to take over Iptana
Businessman Nelu Iordache, the owner of Blue Air airline and manager of Romstrade, wants to take over Iptana Bucharest, where he is a minority shareholder for 13.5 RON/share, which puts the...