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IGD set to invest 20-25m euros
In April, Immobiliare Grande Distribuzione (IGD) finalised the acquisition of Winmarkt shopping centre network in a deal worth 182.5m euros. The new owners of Winmarkt believe the Romanian s...
Farmland prices set to triple due to rising food prices
The soaring prices of agricultural products in recent months have raised investors' interest in cultivating grain on ever-larger areas, which is driving up the price of agricultural land. At...
21 new malls set to open in 2008
21 shopping centres are scheduled to open by the end of this year, which means that a new mall will open, on average, every 11 days in Romania, with the available modern commercial area set...
C&A set to open ten stores in Romania
C&A, a major apparel retailer, with over 1,000 stores in Europe, plans to open ten stores on the Romanian market by 2010, with the first location to be launched in 2009. "In the first year,...
Garanti set to triple assets
Turkish-based Garanti Bank targets aggressive growth on the credit card segment in a bid to gain ground on the retail market. Last autumn, the bank launched an electronic chip credit card as...
Pipelife set to boost investments
This sustained growth rate may be the domestic market's main competitive edge in the race for a new production facility in the region, reads the April 24 edition of Business Construct monthl...
Domestic car production set to triple
Romania sits near the bottom in terms of European car production, according to the statistical data released by the Carmakers' International Organisation (OICA). In 2007, 241,712 cars were m...
CE a introdus un set de reguli pentru utilizarea mobilelor in avioane
Comisia Europeana (CE) a introdus un set de reguli prin care stabileste conditii unitare de utilizare a serviciilor de telefonie mobila la bordul avioanelor in Uniunea Europeana (UE), ceea c...
Dan Sucu: Mobexpert's value set to reach 400 million euros
Businessman Dan Sucu, the owner of the Mobexpert group, which operates in the furniture industry, believes his company is worth 200 million euros at the moment, but forecasts the overall val...