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City Grill to expand outside Bucharest through franchises only
The chain of City Grill restaurants and City Cafe coffee shops is going to expand this year outside the capital city in a franchise system, which is easier to manage than direct investments,...
Utilities possible to pay through OMV stations?
OMV Romania is to introduce a service that allows payment of utility bills through its filling stations network, after having concluded a partnership with HVB Bank Romania that lets people p...
Terapia Cluj considers expansion through regional acquisitions
Pharmaceutical company Terapia Cluj-Napoca plans to expand its operations in the region through the acquisition of some medium-sized drug producers in Central and Eastern Europe. "We are int...
Arctic offsets euro weakness through higher efficiency
Arctic offsets euro weakness through higher efficiency
HVB manages 83m euros through Private Banking
HVB manages 83m euros through Private Banking
$3.2bn transactions through Visa cards
Transactions with Visa cards between March 2004-March 2005 totaled over $3.2bn (2.6bn euros), surging 62% on the previous year. During this period, the total number of transactions exceeded...
Gazprom pushes for Romanian entry through E.ON
Russian giant Gazprom is trying to regain the ground it conceded last year when it lost out in the bidding process for natural gas distributor Distrigaz Sud. It now plans to enter Romania th...
Major failure for Romania as 120m-euro investment slips through its fingers
Romania has lost to Bulgaria the nearly 120 million-euro investments French Montupet, a maker of aluminium components for the automotive industry was planning for the construction of a facto...
CEZ enters Romania through Electrica Oltenia
CEZ enters Romania through Electrica Oltenia