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ING receives first fine in private pensions industry: 382,000 euros
ING Asigurari and ING Fond de Pensii have been fined 225,000 RON (62,500 euros), and 1.16 million RON (320,000 euros) respectively, by the Private Pensions Supervisory Commission (CSSPP) for outsourcing their asset management operations, which was forbidden in...
Fornetti receives 900 franchise applications
Fornetti, Timisoara-based patisserie producer and the largest franchise network on the domestic market, in the first half of this year saw its turnover advance by 12.5%, to 15m euros. Fornet...
Nokia receives building licence for Cluj plant
Nokia has received the necessary building licence for its future Romanian plant, with works due to start immediately. Production operations are scheduled to start in the first half of 2008....
Energoutilaj receives 1.1m euros from Imsat
Energoutilaj receives 1.1m euros from Imsat
CSR receives 12.3m euros from Artrom
Combinatul Siderurgic Resita (Resita Steel Plant: CSR), which is owned by Russian group TMK, recently concluded a loan contract for 448bn ROL (12.3 million euros) with piping maker Artrom Sl...
Ion Iliescu receives papers for Cotroceni
Ion Iliescu receives papers for Cotroceni
Ion Iliescu receives papers for Cotroceni
Newly-elected President Ion Iliescu yesterday was validated by the Constitutional Court, in the presence of the current head of state Emil Constantinescu, who wished his successor not to fac...