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Riso spends 1m euros to change rice perception
The commercial manager of the domestic branch of Europe''s largest rice producer says the company will invest more than one million euros in promotion this year, in order to change the Roman...
Who wants to fight corruption?
Whilst avoiding the eye of my dentist as he drilled further into my sorely under-maintained wisdom teeth, I managed to catch most of today''s (Thursday''s) lunchtime news. The now familiar s...
Dexia: Municipal funding to reach 40bn euros
The local market of municipal funding will reach approximately 40 billion euros in the next ten years, says Reinhert Platzer, chief executive of Dexia Kommunalkredit Bank, and he wants a lar...
Impact wants to raise 40m euros from investors
Impact Bucharest, a real estate development company, intends to implement a share capital increase by 30 million euros and a bond issue worth 10 million euros this year, to bolster the finan...
RTC to restructure IT unit
Businessman Octavian Radu said he would restructure the IT unit of the group he controls, RTC Holding, in order to prepare it for floatation in 2008. Octavian Radu last year acquired several...
Ergun Ergen goes to Baneasa Investments
The former general manager of Anchor Grup, Ali Ergun Ergen, will fill the position of retail development director in the biggest real estate project in Romania, Baneasa. "I am confident the...
Unita sets out to make profit
The insurance company Unita, a member of the Austrian group Wiener Staedtische, estimates it will make profit this year. "We are planning on increasing the level of our premiums so as to exc...
BCR Asigurari turnover up to 82m euros
BCR Asigurari, part of the Banca Comerciala Romana (Romanian Commercial Bank-BCR) financial group, last year logged turnover worth more than 82 million euros (297 million RON), 130% higher i...
BTT wants to sell CHP
Biroul de Turism pentru Tineret (Tourism Office for Youth) in Bucharest plans on selling Complexul Hotelier Parc (Parc Hotel Complex - CHP) in Sibiu. The company''s Board of Directors called...