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Spanish group Roca takes over Lasselsberger's sanitary ware division
Spanish group Roca, the largest global producer of sanitary ware, acquired Lasselsberger's (formerly Cesarom) Romanian division of sanitary ware at the end of last year, in a transaction est...
First Audi S6 worth over 100,000 euros goes to Timisoara
Porsche Romania, Audi importer domestically, in August delivered this year's first Audi S6 through Porsche Timisoara. Audi S6 is the sport version of A6, the large-class model of the German...
Boom TV owner takes over Turbo GSM stores
MCS Communications, part of a group that holds the importer of Samsung mobile phones and the satellite TV service Boom TV, has taken over 46 stores from the Turbo Photo&GSM chain and plans t...
Concas Buzau revenues up to over 10m euros
Concas Buzau, a construction firm, in the first half of this year registered total revenues worth 35.12m RON (10.5m euros), 57.8% above the level registered during the same period in 2006, a...
Air traffic up by over 20% in H1
A rise in the number of flights and the emergence of new regular airlines has boosted the Romanian air travel industry by 21% in the first seven months of the year, to 213 million euros, acc...
Mittal collects dividends worth over 160m euros from profit made in Galati
Arcelor Mittal Galati, Romania's biggest steel complex, part of ArcelorMittal Group, is set to grant dividends worth 534.13m RON (160.72m euros), which will account for the undistributed sum...
IntesaSanpaolo takes over CR Firenze
IntesaSanpaolo has notified the Competition Council with a view to entering the shareholding structure of CR Firenze Romania, in the wake of the takeover of CR Firenze group, which also owne...
First wave of acquisitions in the private medical sector over
Late 2006 saw the first important takeover on the market of private clinics, a move that was set to pave the way for a M&A frenzy. The sector boasts a 20% annual growth rate and includes bus...
Seroussi cancels contract with Hugo Boss due to disagreement over prices
Joseph Seroussi, owner of J&R Enterprises, one of Romania's biggest clothing manufacturers, which employs around 6,000 people, stated that he had cancelled contracts with renowned retailers,...