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GPV business up just 8% to over 10 million euros
GPV Romania, a member of GPV Groupe in France, Europe's leading manufacturer of envelopes and corporate mail management services, last year derived turnover worth 10.8 million euros, up 8% o...
SIF Transilvania takes over Orsova Shipyard
SIF Transilvania (SIF3 - financial investment company) will increase its stake in Santierul Naval Orsova (SNO - Orsova Shipyard) to 61%, after the merger by absorption between SNO and Consta...
Labormed sale takes drug market deals to over 650m euros
LaborMed Pharma, the drug manufacturer, owned by five Romanian entrepreneurs, has been acquired by Advent investment fund in a deal estimated to be worth approximately 120 million euros, acc...
3i Investments: over 20m-euro investments in Romania
3i investment fund, a global leader in its field, has shown an interest in all companies put up for sale in the pharmaceutical and private medical services industry over the last few years....
Raiffeisen Banca pentru Locuinte takes over rival HVBL
Raiffeisen Banca pentru Locuinte (RBL), a subsidiary of Raiffeisen Bank that specialises in the management of a housing savings and loan system is preparing to take over the only competitor...
Doctors can earn over ?20,000 per month in private clinics
An experienced doctor who has a good reputation and works in a private clinic or hospital earns approximately 5,000-8,000 euros per month, and may under exceptional circumstances earn as muc...
Alcoa: turnover worth over 30m euros
Alcoa Nadab, a part of the Alcoa group, a producer of electric cables for the automotive industry, estimates an over 30.8 million-euro (108 million-RON) turnover for this year, up by 11.6% a...
Arctic clashes with Dacia over engineers
Arctic, the biggest producer of electrical home appliances in Romania, is competing with Pitesti-based carmaker Automobile Dacia for engineers and specialists, at a time when the market is e...
Angela Cretu takes over Avon operations in 8 countries
Angela Cretu (photo), 33, general manager of cosmetics company Avon Romania, has been appointed as head of the cosmetics producer in South-Eastern Europe and will coordinate the company's op...