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Deva set for 140m-euro investments in retail and tourism
The town of Deva could attract investments worth 140 million euros in retail and tourism within the next two years. A series of foreign investors, which include Carrefour and the hotel chain...
GM set to buy $500m worth of auto parts from Romania
A total of 500m dollars (368.4m euros) a year. This is the value of auto parts General Motors, the world's leading carmaker, plans to buy from Romania, according to company representatives....
Temporary work contracts set to bring Adecco 15m euros
Temporary employment contracts will bring Swiss-based company Adecco 15m euros on the domestic market next year, given that the company expects to generate a 30m-euro turnover in 2008, for i...
Arabesque set for rapid growth Bucharest and in Romania
Arabesque, Romania's biggest distributor of constructions and finishing materials, has opened an 18,000 square metre shopping centre in Baia Mare in the wake of investments worth several mil...
Bank Leumi set to introduce zero down payment mortgages
Bank Leumi will start selling mortgage loans with a zero down payment as of next month, with a maximum indebtedness level of 70% of a client's eligible income, according to the norms approve...
Oracle set to hire 500 people within a year
Oracle Romania, the domestic arm of the world's biggest business software company, is set to hire approximately 500 people within a year for its Bucharest-based services and support centres....
Traffic on Targu-Mures airport set to triple
Transilvania Targu-Mures airport is set to witness passenger traffic levels of approximately 160,000 by the yearend, considering the 100,000 passenger mark is expected to be hit this month,...
Germans at PCC set their sights on Oltchim
German group PCC, which operates in the chemical industry, has acquired stakes on the Stock Exchange accounting for almost 2% of the Ramnicu Valcea-based chemical plant Oltchim, according to...
Primola set to counter seasonal nature of sales
Cristian Stancu, marketing manager of Supreme Chocolat believes that a focus on modern retail and the launch of new products in summer will help curb sales fluctuations generated by the hot...