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Florentin Banu starts his 3rd real estate project in Timisoara
Businessman Florentin Banu, the man behind the Joe wafer brand and supermarket network Artima, will start his third real estate project in Timisoara by the end of this year, which targets the construction of 300-350 apartments. This project will be the largest...
Porsche starts to sell the new Seat Ibiza in June
Porsche Romania, the importer of the Seat Brand on the Romanian market will start to sell the new generation of the small class Seat Ibiza in the second half of June, and the current model w...
Pepsi Americas starts construction on third Romanian factory
Pepsi Americas, the domestic bottler of PepsiCo products, has started building a third factory in Romania in order to boost production capacities, with investments scheduled to last until 20...
Electronic Arts starts to make video games in Bucharest
The largest producer of videogames worldwide, Electronic Arts (EA), is set to produce video games for computers, PS3 (Sony) and xBox360 consoles (Microsoft) in Romania, and has already rente...
Romstal starts global expansion with Russia
Romstal, a Romanian distributor of sanitary ware and electrical equipment, which budgeted turnover worth approximately 429 million euros this year, up 38% on last year, will open its first t...
Countdown starts for Transgaz
Transgaz will sell its shares at a price of 191.92 RON/share, with the public offering in view of floatation on the Stock Exchange to be carried out in the November 26 - December 7 period. T...
Dacia starts hiring after 11,000 layoffs since privatisation
Automobile Dacia, the Romanian carmaker with turnover forecast above 2bn euros this year, will recruit 600 individuals by the end of next year, with the majority of the new employees to be i...
Workforce cost increase starts to hurt car parts makers
Labour force expenses in the car parts industry have surged by over 25% this year, according to market players, a situation where Romania starts losing its cheap labour force advantage, its...
Fortis starts offering factoring services in partnership with Compania de Factoring
Fortis Commercial Finance (FCF), a division of the Belgian group Fortis and a provider of asset-based services, will launch its factoring services on the Romanian market, in partnership with...