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NBG to rebrand branches under one name
Banca Romaneasca and all the domestic subsidiaries of NBG (National Bank of Greece) group will be rebranded in the following months, to have a common identity. NBG, a major player in Greece...
Radisson SAS aims to lead the 5-star market
Tjorborn Bodin, general manager of what is set to become Bucharest's largest five-star hotel when it opens in April this year, wants Radisson SAS to become the leader of the capital's hotel...
Real estate investors migrate to Southern Bucharest
The price of land in the North of Bucharest is becoming higher and higher, although the interest of investors is expected to stagnate in 2008. Instead, they are beginning to favour areas in...
Banks' clients will have 14 days to cancel consumer credits
Clients who take out consumer credits will be able to cancel the loan within 14 days from the signing of the contract without giving a reason, and without having to pay any additional tax, a...
Affichage CEO: Very little left to buy on the market
Affichage Romania, a division of the Swiss group Affichage Holding, ranked 6th worldwide in outdoor advertising, forecasts a 10-15% increase in its business this year and expects to reach 2...
Petrom to award energy contract worth 120m euros
Petrom, the largest Romanian company, is in search of an electricity supplier and wants to seal a contract worth around 120m euros, in a bid to cover the needs of its exploration and product...
Final preparations to launch Nokia phone production in Cluj
"We are aware of the interest of the Romanian media in our operations in Cluj. As we have said before, Nokia informs the public every time new and relevant developments occur. Manufacturing...
Foreign investments amount to 6.6bn euros after 11 months
The value of foreign investments declined in the first 11 months of last year by around 20% on 2006, to 6.6 billion euros, according to a statement made on Tuesday in Vienna by Eugen Dijmare...
Europolis poised to become a developer
Austria's Europolis investment fund, now controlled by Volksbank group, is in talks to develop office projects, after five years of project acquisitions. Europolis, one of the biggest player...