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Ostahie brings Carrefour to Buzau in Aurora Shopping Mall
Cometex Suceava, part of the Altex group will open Aurora Shopping Mall in Buzau in November, the biggest shopping complex in the city. The project will use Carrefour hypermarket as an ancho...
Generali to offer voluntary pensions in four months
Generali Fond de Pensii is preparing to enter the voluntary private pension market (pillar III) the company's general manager Ion Vreme told ZF. The company will manage one voluntary medium-...
Dacia revenues up 24.5% to 7.2 billion RON, net profit reaches 442m RON
Carmaker Dacia's revenues went up by 24.5% last year, from 5.78 billion RON (1.63 billion euros) to 7.2 billion RON (2.15 billion euros), whilst the net profit of the carmaker increased by 1...
Construction market attractive to private equity funds
Producers of construction materials have become the main targets for private equity funds over the last two years in the wake of high growth rates and high profits. Enterprise Investors, Ore...
Sandoz could relocate re-analysis centre to Romania
Swiss group Sandoz, the second-largest player on the global market of generic drugs, is considering relocating its drug re-analysis centre from Germany, with the possible destinations includ...
Groupama in exclusive talks to take over Asiban
French group Groupama has entered into exclusive negotiations with BCR, BRD-SocGen, CEC and Banca Transilvania to take over insurance company Asiban, according to a statement made yesterday...
Porsche starts to sell the new Seat Ibiza in June
Porsche Romania, the importer of the Seat Brand on the Romanian market will start to sell the new generation of the small class Seat Ibiza in the second half of June, and the current model w...
Romanian tourism: minimal contribution to GDP
According to the latest figures, tourism in Romania has a minimal contribution to the GDP, while jobs in this sector are regarded as a 'last resort' career option due to the low salaries. Al...
Autoitalia: Commercial vehicles to generate over 35% of turnover
Herbert Stein, the chairman of Autoitalia Group, which imports the brands of the Fiat Grup and SsangYong models, estimates Fiat commercial vehicles will generate 36-40% of the company's turn...