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BT takes indebtedness cap to 70%
Banca Transilvania will start to grant loans under its new regulations by mid next month, after recently receiving approval from the NBR. "The indebtedness level will increase from 45% to 70...
Investment fund RC2 takes over 33% in Romar clinics
Investment fund Reconstruction Capital 2 (RC2) has taken over a 33% stake in the medical services group Romar for 3 million euros. Before the transaction, the businessman Erghin Hagicalil he...
Patriciu takes over UniCredit Securities
Businessman Dinu Patriciu (photo), the main shareholder of the Rompetrol group, has signed an agreement to take over the brokerage company UniCredit Securities, a member of the UniCredit Tir...
CEZ takes a keen interest in reactors no. 3 and 4 in Cernavoda
CEZ Romania, the domestic branch of the Czech energy group CEZ, whose portfolio includes the electricity distributor Electrica Oltenia, has changed its strategy, announcing its interest in t...
Expansion takes Pic's sales to over 90 million euros
The Pic Group, owner of two hypermarkets in Pitesti and Craiova, estimates 50% higher retail sales against 2006, reaching over 90 million euros (300 million RON). The company witnessed sales...
Mild winter takes K?ber's business to summer levels
Kober, the Piatra-Neamt-based varnish and paint producer, one of the top players on the domestic market, in the first quarter of this year posted a 31% sales increase against the same period...
Immoeast takes over two RED projects for 120 million euros
Austrian investment fund Immoeast, the most active player on the domestic real estate market continues its local expansion by involvement in two more real estate projects in Baia Mare and Co...
Julius Baer fund takes over 7% in Intercontinental
The biggest investor on the Romanian Stock Exchange, the American-based Julius Baer International Equity Fund, bought 7.52% in the shares of the hotel operator Intercontinental (RCHI), which...
Fabian takes over office building for 5m euros
British investment fund Fabian Romanian Property took over the Evo Center One office building, developed by Adama, through a sale and leaseback transaction worth 4.9 million euros, announced...