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E.ON to invest 140m euros in Distrigaz Nord
Gas distributor Distrigaz Nord, which last year became part of E.ON Ruhrgas'' portfolio announced investments worth about 140 million euros for the next seven years to rehabilitate of gas di...
Young men to become more receptive to cosmetics
The company expects to grow with the market by expanding its product range and increasing the number of distributors Cosmetics Oriflame Romania, the domestic arm of Swedish cosmetics Oriflam...
Bucharest to see massive investments in malls
The mall projects planned for the next three years will completely change the face of Bucharest and the shoppers'' habits. The amount of commercial space in the city will triple, as a result...
NBR raises interest to 8.5%
The NBR''s Board of Governors decided on Wednesday to increase the monetary policy interest rate by one percentage point, to 8.5%, to raise the level of minimum mandatory reserves for liabil...
Viorel Dinu moves from AVAS to Salans
Viorel Dinu, 30, has become part of the Bucharest office of the Salans team of lawyers, as of the beginning of this month. Dinu had previously worked for the State Assets Resolution Authorit...
Portland Trust to invest 300m euros in industrial spaces
Portland Trust, the developer of the Opera Center and Bucharest Business Park office projects, has started building another industrial project in the western area of Bucharest, whose value i...
EMD hopes to sell $90m in locomotives
Locomotive producer Electromotive Diesel (EMD), based in Illinois (US), estimates it will sell about 30 Diesel electric locomotives in the next two to three years. "Romania has considerably...
NBR meets to dampen inflation and curb consumer demand
The National Bank''s Board of Governors is today discussing the increase in the monetary policy rate which was also recommended by the IMF as the main instrument in fighting inflation, along...
Raiffeisen ATMs wake up to RON
Seven months after the RON was put into circulation, Raiffeisen Bank adapted its first 19 cash dispensers in Bucharest to issue the new banknotes. The bank operates a network of over 780 ATM...