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Omnilogic: business falls to 130m dollars
Omnilogic, an IT service provider and the biggest player on the local market of IT&C distribution, closed last year with a turnover valued around 130 million dollars (103.6 million euros), a...
Ramada continues to develop
Tinu Sebesanu, CEO with Trend Hospitality, the strategic partner for the development of Wyndham US hotel chain, which owns the Ramada and Howard Johnson brands, says the company's investment...
Musat not interested to join forces with top foreign firm
Musat si Asociatii law firm last year disbursed net profits worth 500,000 euros to each of its nine partners, while senior lawyers billed fees worth above 200,000 euros, stated Gheorghe Musa...
Isarescu to bankers: Provide info on all loans
Share all information about the loans taken out by individual customers, not only overdue payments on loan instalments. This is the recommendation made by NBR Governor Mugur Isarescu, sent i...
HLV Transilvania to invest 2m euros in timber production
Sibiu-based company HLV Transilvania, specialising in forest exploitation and timber production, will invest 2 million euros this year in acquiring equipment for the timber plant in Talmaciu...
Lufthansa to see 20% increase in number of passengers
German carrier Lufthansa, one of the top five airlines on the local market, estimates a 10% increase for this year in the value of tickets sold for flights to and from Romania. Given that Lu...
Aviva aims to be No.1 in three years
Life insurance company Aviva Romania aims to become leader on the market of newly issued policies in the next three years and to rank among the top players on the market of private pensions....
Personnel shortage boosts Adecco's business to 24m euros
Swiss group Adecco, the biggest worldwide provider of human resource services, estimates it will witness turnover in excess of 24 million euros on the Romanian market this year (up 70% again...
Egnatia tries to gain market share on project finance segment
Egnatia Greek group has impressive investment plans for Romania, which include direct involvement, through either financing or capital, in project development. In the case of interests in th...