over
483 articole · RSS
CEC in talks to take over Asiban
The management of the Romanian Savings Bank (CEC) has been authorised by the bank's majority shareholder, the Economy and Finance Ministry, to start negotiations for the takeover of Asiban i...
BMW could take over stake in EBS Romania
The German group BMW will take over some of the shares of EBS Romania, a producer of economic software solutions, which handles some of the IT systems of the German carmaker. EBS posted busi...
Raiffeisen has 700 clients with a wealth of over 40,000 euros
Raiffeisen Exclusive, the brand under which Raiffeisen Bank's private banking service operates, has now reached 700 clients, up by almost 200 people against April. The volume of assets it ma...
GFR and CFR Marfa fight over Hungarian MAV
Grup Feroviar Roman (Romanian Railway Group - GFR), the biggest private railway transport company in Romania, has announced it will take part in the tender for the Hungarian state-owned oper...
Investment fund RC2 takes over 33% in Romar clinics
Investment fund Reconstruction Capital 2 (RC2) has taken over a 33% stake in the medical services group Romar for 3 million euros. Before the transaction, the businessman Erghin Hagicalil he...
Exotic currencies and RON chosen over the euro for credits
The euro is again losing ground to exotic currencies, in addition to the RON, when it comes to credits, with its share falling to less than 50% of the total funding granted by banks. Accordi...
Fords to invest over 675m euros in Craiova
Ford has submitted a bid to take over the Automobile Craiova car plant, pledging to make direct investments worth 675 million euros and to double the number of employees, up to 9.000. At the...
Spumotim clashes with multinationals over skilled workers
Polyurethane foam producer Spumotim Timisoara expects to derive a 22 million-euro turnover this year, an increase of 10 percent on 2006, whilst first half results support these estimates. "W...
EU Integration drives Serpico turnover to over 7.5m euros
Serpico Trading, a distributor of food products, expects sales to advance by 50% this year, which would take the company's turnover to over 7.5m euros. "The effects of EU integration have ge...