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ZF English · Real Estate

DEGI gets 20-30 offers of properties for sale per month

German fund manager DEGI, which bought more than 250 million euros' worth of properties in Bucharest, continues to be interested in acquisitions on the Romanian market, and owners are meeting the company halfway, given the low number of buyers of real estate p...

Cristi Moga · 05.10.2008 · 18:35 · 2 min
ZF English

Eurolines owners give up 47% of the group

Dragos Anastasiu and his associates have given up a 47% stake in Touring Eurolines, a company with turnover worth over 30 million euros, which operates in international passenger transport,...

Ziarul Financiar · 04.08.2008 · 18:06 · 1 min
ZF English

Romanian business owners pay their executives better than multinationals

The major Romanian companies pay up to 20-30% more to attract skilled people from multinationals, who have experience at large companies with a global presence, but also to offset the risks...

Alina Pahoncia · 22.07.2008 · 19:56 · 2 min
ZF English

Cuprom owners invest 10m euros in glass plant

GlassCorp, controlled by businessmen Horia Pitulea and Horia Simu, owners of Cuprom, has become the largest windscreen manufacturer on the local market following a 10m-euro investment in a p...

Ziarul Financiar · 24.06.2008 · 20:44 · 1 min
ZF English · Companies

How Musette owners fight Chinese competition

Roberto and Cristina Batlan, owners of footwear brand Musette, have found a solution to Chinese competition: to move production to China, BUSINESS Magazin reveals. Since last year, Cristina...

Ileana Ilie · 16.04.2008 · 20:13 · 3 min
ZF English

Bere Mures owner's hotel in the red

The Germisara hotel in Geoagiu-Bai resort, Hunedoara county, acquired at the end of 2004 by Emil Morariu and Virgil Mailat, two of the shareholders of the Bere Mures producer, and renovated...

Ziarul Financiar · 18.01.2008 · 21:28 · 1 min
ZF English

Bere Mures owners ask for at least 150m euros for their company

Bere Mures producer, the biggest independent player on the domestic beer market is now up for sale. Its owners are trying to find an investor to pay at least 150 million euros. Top contender...

Diana Tudor Stoica · 24.12.2007 · 18:14 · 2 min
ZF English

Romanian hotel owners contract international franchises

Over the last few years, Cluj-Napoca has become an increasingly attractive destination for big international hotel chains; whilst until now, the majority of investments have been conducted b...

Ziarul Financiar · 06.12.2007 · 19:31 · 1 min
ZF English

Astral Impex owners: SPAR business worth 35m euros

Arad-based entrepreneurs Ioan and Floare Cuc, owners of Astral Impex, the fourth largest distributor of consumer goods on the market, will see their SPAR store network reach business worth 3...

Ziarul Financiar · 03.10.2007 · 19:56 · 1 min