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Optional pension funds in the finishing straight
The optional pension fund law is on the home straight, but it is still not clear who will be those that will be able to contribute to such funds. At the moment, there are 4.5 million employe...
Electrica Oltenia slips into the red under CEZ
Electrica Oltenia, the biggest electricity distributor, in terms of numbers of clients in Romania, went into the red last year, when it was taken over by the Czech-owned CEZ company. The ele...
Tiriac Jr. appointed to the HVB''s Board
Ion Alexandru Tiriac, son of businessman Ion Tiriac, was appointed member of the Board of Directors of HVB Bank Romania, given that the Dutch firm Redrum, controlled by his father, owns 49.9...
BitDefender sales to reach $10m in the US
BitDefender, the security division of the Romanian company Softwin, estimates to reach sales worth 10 million dollars (8.2 million euros) this year on the United States IT market, Cosmin Mar...
Changes at the top of Rompetrol Petrochemicals
Florin Andrei, the current general manager of Rompetrol Petrochemicals, has been appointed to the company''s Board of Directors, to work with Felicia Andrei and Niculi Dumitru. Florin Andrei...
The Body Shop: in mall-uri ne e cel mai bine
The Body Shop Romania, care detine franciza pe piata autohtona a The Body Shop - Grecia, a inregistrat o cifra de afaceri de 1,6 mil. euro in 2005, valoare peste cea bugetata si in crestere...
The Body Shop: We thrive in malls
The Body Shop Romania, the holder of The Body Shop Greece franchise in Romania, posted 1.6 million euro turnover in 2005, higher than budgeted and 15% higher than in the previous year, said...
On the moove
Fanel Plopeanu - director general Vicepresedintele companiei de asigurari Omniasig, Fanel Plopeanu, va fi numit pana la sfarsitul acestei luni director general la Omniasig Asigurari de Viata...
King of timber goes into the mutual fund business
UDMR (Democratic Alliance of Hungarians in Romania) Senator Verestoy Attila, one of the richest politicians and one of the largest investors on the capital market has entered the mutual fund...