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Mercury360, to expand through acquisition and new units
"I would certainly not want to start from scratch, but from a completely different level and this can be done by acquiring another company. I am interested and I've already held talks on the market," said Radu Miu, general manager of Mercury360
AON contemplates expansion through acquisitions
AON, the local branch of one of the largest insurance brokers worldwide, is considering expansion through the acquisition of small local brokers. Currently, the broker has four offices in Bu...
Asitrans to expand through franchise system
Asitrans, taken over last year by the Bulgarian group Eurohold, intends to expand through a franchise system and plans to open 50 new territorial offices this year. "We don't levy a franchis...
Banks reach their clients through 5,175 branches
The number of branches in the banking system exceeded 5,175 in September, an almost 18% increase against the same time last year. Banks saw a significant increase in territorial expansion in...
State could stimulate employees through voluntary pensions
Public institutions should contribute to the voluntary private pensions (pillar III) system on behalf of their employees in order to motivate workers and curb pressures on the public pension...
Orkla Foods could find its new CEO through Egon Zehnder
UWE Birkkjaer, managing director/CEO of Orkla Foods for Central and Eastern Europe, said the recruitment process to find the new general manager of Orkla Foods' Romanian division would be fi...
RWE enters energy market through trading company
RWE Trading, the electricity supply unit of Germany's RWE group, will enter the domestic market next year by setting up a trading firm, after the company started looking at the domestic mark...
Petroleum shares go through the roof after sale of Rompetrol
The resumption of share trading for companies from the Rompetrol group has translated into a significant rise in quotes, with the increase spreading to other issuers involved in the petroleu...
Over 7bn RON in transactions through www.e-licitatie.ro this year
The value of contracts sealed between January 1 and August 20, 2007 through the Electronic System for Public Acquisitions (SEAP) amounted to 7.148bn RON (2.17bn euros), according to the Nati...