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Mediafax exports business model to Czech Republic
Press agency Mediafax, a part of the Media Pro media group, was launched yesterday on the Czech media market, in the wake of a 1.5 million-euro investment. Mediafax's new unit is the only pr...
KBC's top brokers go to HTI Morgan Stanley
Olimpiu Blajut, the general manager of KBC Securities - the current leader of the local brokerage market and Bogdan Juravle, the firm's main broker, have joined the Romanian team of US inves...
Grandemar expands quarries to cope with demand
Cluj-Napoca-based Grandemar, a company that specialises in the extraction of rock for construction, announced that it would invest more than million euros this year to modernise and expand q...
Yves Carcelle, Louis Vuitton: We are glad to be the first here
Louis Vuitton started noticing Romania 3-4 years ago, when the company's officials became aware of the rising number of Romanians buying the brand's products from stores abroad, and now, sev...
Romania Invest to continue to buy new apartments
Norwegian-based Romania Invest, which holds around 1,000 new apartments in Bucharest in its portfolio, has acquired 25 homes in the My Dream Residences project in the Pipera district, and in...
Avrig 35 confirms sale of Auchan Titan to DEGI
Avrig 35, the real estate developer controlled by businessman Alexander Hergan, has sold the Iris Shopping Center in the Titan district of Bucharest to investment fund DEGI in a deal worth 1...
KBC sticks to niche strategy
Belgium's KBC group will not carry out any large scale plans in Romania unlike in neighbouring markets, but prefers to target a niche sector where it plans to develop complete bancassurance...
Mango retailer to open 6 stores
Spanish clothing retailer Mango will open one outlet store and five regular stores on the local market, three of which will be located in Bucharest, and the others in Galati and Braila. "By...
Motoractive, Domenia, and Ralfi change name to GE Money
Motoractive Leasing, Domenia Credit, and Ralfi IFN will operate under the name GE Money, the consumer finance division of American giant General Electric, which bought the three companies at...