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Orange: We would have liked to enter DTH business
Orange, the biggest mobile telephony company in Romania, believes the local satellite TV market (DTH) is closed to new players, and has scrapped its plans to launch a new DTH platform, after...
KPMG wants half of its clients to be Romanian
The level of foreign investments attracted in Romania may come to a halt due to the lack of a developed infrastructure and education. Serban Toader, a senior partner with KPMG, the domestic...
Citibank prepares to enter small companies segment
US-based Citibank will soon launch services directed at companies with turnovers lower than two million dollars, which will enable it to cover the entire corporate segment. "We want to expan...
Austral: Office supplies and stationery market set to exceed 200m euros
The office supplies and stationery market in Romania, where over 40,000 companies are currently operating, according to Trade Registry data, cited by Austral, is seeing an average annual gro...
RTPR's path from Linklaters to Allen & Overy partnership
With four years of experience at Linklaters and four years of independent experience, RTPR - Dragos Radu, Costin Taracila, Victor Padurari and Alexandru Retevoescu has managed to bring Allen...
Gica Popescu, from football to real estate
Although he is reluctant to talk about this sector, real estate has proven to be a more profitable venture than a career in football. Despite the fact Popescu considers himself a novice in b...
Innova Capital wants to step up operations in Romania
Robert Conn, co-founder of Innova Capital private equity firm, says the major players of the private equity industry have not arrived in Romania, yet, with the moment of their entrance being...
Austrian group Uniqa plans to buy Unita Vienna Insurance Group
The deal has to be approved by the supervisory authorities first, but could be concluded by the end of September 2008, a Uniqa release states. Unita is one of the biggest insurance firms in...
Erste Bank attempts to boost BCR Chisinau's business
Erste Bank, the majority shareholder of the BCR, intends to support BCR Chisinau, the subsidiary in the Republic of Moldova set up by the BCR in October 1998, even though it rarely mentioned...