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Popovici Nitu takes on board former NBR & ZRP lawyer
Law firm Popovici Nitu & Asociatii, one of the leading players on the local law market, has recruited Serban Patriciu as senior lawyer with the project finance team. He formerly worked with the National Bank of Romania (NBR) and with law firm Zamfirescu Racoti...
Ryanair takes a step backwards in Romania
"They wanted lower taxes and as many services as possible from us, which was not possible. Of course, any withdrawal of an airline is a loss, but we are in talks with other companies to cove...
Sandero takes a bite out of Logan's production and exports
The exports of Sandero, the newest model in the Dacia range reached approximately 8,900 units in June, and accounted for 49% of the deliveries abroad of Automobile Dacia. At the same time, t...
Ostahie takes Media Galaxy to Ukraine
Dan Ostahie, the chairman of Altex group, the largest home appliances and IT products retailer on the domestic market is preparing to expand the operations of his group to Ukraine by opening...
Generali PPF takes over Ardaf and RAI Asigurari for 80m euros
This deal is "in the family", so to speak, as the seller is Czech fund PPF Investments, which took over Ardaf and RAI last March. Generali PPF Holding, a joint venture between groups General...
Colas takes over ISAF in Bucharest
French group Colas, with turnover worth over 11bn euros, part of the Buoygues giant, has acquired the Railway Signalling and Automation Company ISAF SA in Bucharest, through its Colas Rail d...
British manager takes over at Friesland
Friesland Foods Romania, leader of the local dairy market, with turnover worth over 120 million euros in 2007, will have a new managing director - Ian Gearing, as of September 1. From 2003 u...
Enel takes foreign investments to record high
The value of foreign direct investments atracted in the first four months of this year amounted to a record 2.3 billion euros, double as much as the same time last year, while in April alone...
Germany's Multivac takes over Persys Engineering's operations
German-based Multivac, one of the largest producers of thermoforming machines worldwide, with turnover worth 500 million euros, will enter the Romanian market directly, after taking over the...