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Patriciu, in talks to take over Anglo-Romanian Bank
Businessman Dinu Patriciu has entered the race to acquire the Anglo-Romanian bank, which is completely held by BCR (Romanian Commercial Bank) and was put up for sale by Austrian-based Erste Bank at the beginning of the year, according to sources on the financi...
Orange in talks to take over Euro-GSM, last locally-held major GSM retailer
Cluj-based businesspeople Silvia and Zsolt Fodor could relinquish control of the last big player in GSM retail, in order to focus on real estate (a five-star hotel and a housing & commercial...
Blue Air owner wants to take over Iptana
Businessman Nelu Iordache, the owner of Blue Air airline and manager of Romstrade, wants to take over Iptana Bucharest, where he is a minority shareholder for 13.5 RON/share, which puts the...
Dacia expects Sandero to take sales up by at least 13%
One month after its launch, Sandero, the latest Dacia model, has become the driving force behind Automobile Dacia's sales growth, which are estimated to go up by more than 13% worldwide this...
Comvex could take out investment credit worth up to 20m euros
Bulk handling terminal Comvex in Constanta intends to take out an investments credit worth up to 20 million euros, with a decision to be reached by the shareholders on July 17, the company a...
Promotional investments will take Skol's sales beyond 1 million hectolitres
United Romanian Breweries Bereprod (URBB), the local branch of Dutch beer producer Carlsberg will invest more than 9 million euros (rate card) a year in order to promote the Skol brand, 25%...
Foreign banks try to take control of BSE
Foreign banks have come to control, both directly and indirectly (through brokerage firms), around 21% of the share capital of the BSE. Nonetheless, they have little influence over the decis...
Domo in talks to take over Teknosa facilities
Domo Retail, the second-larger player on the electronics and home appliances market in Romania, is in talks to purchase the retail facilities held by Turkish-based Teknosa, which last week c...
Italy and Spain take Blue Air's traffic to half of TAROM's
Blue Air, the low-cost airline that reached half of TAROM's revenues on the Romanian market in three years, is still relying on Spain and Italy, whose routes place it among the top spots on...