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PWC gets 12m euros from the sale of Electrica's "jewel"
PricewaterhouseCoopers (PwC), a part of the so-called Big Four professional services companies that operate worldwide, is to collect a fee worth 1.5% of the value of Electrica Muntenia Sud's...
Tiriac's real estate empire out in the open
Businessman Ion Tiriac is one of the biggest landowners on the Bucharest market, owning, directly and indirectly, up to 150 hectares of land, sources on the market told ZIARUL FINANCIAR. Mos...
Kronospan slips into the red despite rising production
The two plants Austria's Kronospan group owns in Sebes last year posted cumulated turnover worth 140.3 million euros and gross losses standing at approximately half a million euros, accordin...
Romanian market boasts fastest growth in the Balkans
Benoit de Lavarene, marketing manager with Danone Romania, says the French group's target is to turn Romania into a regional hub. "The Romanian market is witnessing the fastest growth pace i...
On the moove
ING Bank Romania Misu Negritoiu, director general Misu Negritoiu va prelua la 1 august functia de director general al ING Bank Romania, inlocuindu-l pe Dirk Serbruyns, aflat la final de mand...
Mangalia shipyard in the red
Daewoo Mangalia Heavy Industries (DMHI) shipyard, the biggest shipyard on the Romanian market, closed last year with losses worth 18.5 million euros, despite a 46% increase in its turnover,...
Dramatic situation for the Stock Exchange
Petru Prunea, chairman of the financial brokerage company Broker Cluj, and a member of the managing committee of the Stock Exchange, believes that the situation of the capital market has bec...
Cris-Tim wants to fill gap left by the closing of 600 plants
Radu Timis, chairman of Cris-Tim group, the most important player in the charcuterie industry, says the bankruptcy of more than 600 plants that are not compliant with the European standards...
War of the malls in Cluj
Polus Transilvania will this week start construction of the Polus City Center shopping centre, an investment estimated at 140 million dollars. "The construction of the retail centre will be...