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BCR freezes collateral-free consumer loans in several branches
Several branches of BCR, the largest bank on the market in terms of assets, have ceased to release collateral-free consumer loans to new customers in the wake of a "partially higher-than-expected" upsurge in overdue payments and fraud, said Bernhard Spalt, vic...
Florin Enache plans several real estate projects
Florin Enache, who collected around 20 million euros from the sale of two shopping centres to investment manager Equest, plans to develop mixed-use real estate projects, which will include 4...
Pambac in acquisition talks with several players
Pambac Bacau, one of the leading producers of pasta, intends to boost production both organically and through acquisitions. "We have been in talks with several local players that process cer...
Plus Discount owner: several competitors are interested in buying
The Tengelmann group, owner of the Plus Discount store network, is holding talks with several competitors, to sell its Romanian-based stores, but has not yet decided whether to exit the mark...
Vlad Stan could get several millions of euros from Vodanet exit
Vlad Stan, one of the top five managers in the Romanian online industry, could collect several million euros from the sale of the 40% stake he holds in the online publishing company Vodanet...
Soceram shareholders to invest 150m euros in several factories
Soceram Bucharest says it will invest around 150 million euros in the next two or three years to build nine factories that will manufacture construction supplies, seven of which will make AC...
Oriflame: Romania targeted for investments worth several billion euros
Romania is on the list of Swedish company Oriflame for the construction of a cosmetics plant, along with Hungary, Ukraine and the Czech Republic. Oriflame is seeking a location for a new cos...
Tnuva to spend several million euros on promoting Yoplait yoghurt
Tnuva Romania dairy producer, which has built a plant in Popesti-Leordeni near Bucharest, will invest several million euros in an integrated communication campaign dedicated to the Yoplait y...
Prutul Galati borrows 25m euros from several banks
Vegetable oil producer Prutul Galati will borrow approximately 25 million euros from several banks in order to buy raw materials and acquire a storage base located in Liesti, Galati county....