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Actual value of Muntenia Sud privatisation, over 1bn euros
Tight negotiations with the state, cutthroat competition, more than 20 lawyers working around the clock to finalise the contract, and a total value exceeding 1bn euros, including investment...
Ford intends to take over Daewoo Craiova
Ford Motor has voiced interest in buying the Craiova-based Daewoo plant with a view to expanding production capacities, in order to cover the high demand from the European market, the CEO of...
Over 100 foreigners employed to modernise Sibiu airport
More than a quarter of the over 350 employees working on the site of the Sibiu airport are foreigners - Poles, Hungarians, and particularly Germans, contrary to the trend of the construction...
Meinl Bank chooses Cadbury's cash offer over floatation
Meinl Bank, which sold its controlling interests in the second-largest sweets maker Kandia-Excelent for approximately 100 million euros, the biggest deal on the domestic food market, chose U...
Immoeast takes over two RED projects for 120 million euros
Austrian investment fund Immoeast, the most active player on the domestic real estate market continues its local expansion by involvement in two more real estate projects in Baia Mare and Co...
Julius Baer fund takes over 7% in Intercontinental
The biggest investor on the Romanian Stock Exchange, the American-based Julius Baer International Equity Fund, bought 7.52% in the shares of the hotel operator Intercontinental (RCHI), which...
Fabian takes over office building for 5m euros
British investment fund Fabian Romanian Property took over the Evo Center One office building, developed by Adama, through a sale and leaseback transaction worth 4.9 million euros, announced...
Furniture market to revert to over 10% growth
The year 2006 was a more peaceful year for the furniture market, after in the previous year the market had been seriously shaken by the weak export figures brought about by the stronger dome...
Over 17m-euro turnover for Pirelli Tyres Romania
Tyre manufacturer Pirelli Tyres Romania, which opened its production facility in Slatina in October 2006, has reported a 60.36 million-RON (17 million-euro) turnover for the last two months...