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Cargus: 30% of parcels are shipped to Transylvania
Domestic courier company Cargus, which was acquired this year by international player DHL, posted turnover worth 13.8 million euros (49.7 million RON) in the first half of the year, up 23% against the same time last year. Although deliveries to Bucharest conti...
Michael Lafferty: Card market still has a lot of room to grow
The Romanian bankcard market still has a significant growth potential, even in comparison with other markets in the region, according to Michael Lafferty, Chairman of Lafferty Group - a reno...
Voestalpine: It is difficult to negotiate with over 100 landowners
Negotiations between the state and Voestalpine on the signing of a memorandum of understanding (MoU), which could pave the way for an around 5 billion-euro investment in a steel plant, are b...
High demand forces HeidelbergCement to build new plant
German group HeidelbergCement will build a new cement plant next year using investments in the region of around 300-330 million euros, while the current facilities in Bicaz, Fieni and Deva a...
Poorer counties struggle to pay back loans
Banks are facing the biggest problems with the loans granted in the county of Ialomita, where 3.3% of lent sums have not been repaid. The level is over 3 times higher than the national avera...
Prista Oil posts lower turnover due to oil prices
Bulgarian manufacturer Prista Oil, one of the top lubricant importers on the local market, estimates its sales rate in Romania will go up 50% in the second half of the year, to 9 million eur...
RAM: To start with, we will sell voluntary pensions to corporate clients
Raiffeisen Asset Management (RAM), a company that recently launched a voluntary pension fund (3rd pillar), will start off by selling pensions to companies, relying mainly on the credit portf...
Strabag: Negotiations for 220m-euro plant to be completed in a few months' time
Austrian group Strabag, with annual turnover worth 10 billion euros, will in a few months, finalise negotiations with the local authorities for the construction of a 220 million-euro cement...
Afik Group to build 2,300-apartment complex
Israeli real estate developer Afik Group, also present on the Turkish and Cypriot markets, has started works on its first local project, in the Drumul Taberei district of Bucharest, where it...