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Daily cargo flights to deliver Ford equipment
Ford is expected to start daily cargo flights to Craiova Airport in mid-March in order to deliver equipment to Automobile Craiova, after the company conducted an audit of the airport. Alongs...
Citi: NBR's interest rate should climb to 10%
The cut in the key interest rate by the NBR (National Bank of Romania) to 7% last summer was premature. Now, an increase of as much as 10% is necessary, given the deterioration of the inflat...
Prima Pensie and OTP poised to sell mandatory pension funds
Market sources have hinted to ZF that Prima Pensie and OTP will sell their mandatory private pension funds, after they launched negotiations with other pension managers with a view to exitin...
Advent brings former Terapia head to LaborMed
Investment fund Advent International, which paid more than 120 million euros to buy drug manufacturer LaborMed Pharma in its entirety, will bring Stephen Stead to the helm of the company in...
Suppliers try to avoid dependence on Logan
Automobile Dacia's traditional suppliers are delivering 15% to 100% of their overall output for the Logan model. The share held by components delivered for Logan could increase in the coming...
CSSPP offers voluntary pensions to its employees
The Private Pensions System Supervisory Commission (CSSPP) has decided to contribute to a voluntary private pension fund (3rd pillar) on behalf of its employees, as part of a benefits packag...
UniCredit financing to top 600m euros
UniCredit Leasing Corporation, the largest leasing company on the local market, will grant financing worth over 600 million euros this year, up at least 20% on 2007. "In 2008, we are certain...
Real estate consultancies' fees to reach 100m euros
Real estate consultancies have seen their turnover double in recent years, in line with growth on the real estate market, which is why the number of companies that operate in this field has...
BRD: Offices need to focus on high-value products
Banking offices' role will increasingly involve consulting services, while basic services tend to be carried out using cards or through the Internet, says Rozaura Stanescu, head of the retai...