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Investment fund Intel Capital to develop operations in Romania
Investment fund Intel Capital (ICAP), a part of the American microprocessor manufacturer Intel Corporation, intends to develop its activity in Romania, and is examining business opportunitie...
Romanian BIP Grup sold to UK-based IMSG
Romanian company Business Ideas Provider Grup Romania (BIP Grup), included in the ZF ranking Top 100 Businesses Built from Scratch is to be fully taken over by the British company Internatio...
Promotion drives Zaraza sales up to 5.8m euros
Zaraza brandy, formerly Vinars de Murfatlar, could reach sales worth 5.8 million euros next year, with representatives of Murfatlar company, the holder of the Zaraza brand, targeting a 40-45...
Immoeast invests 250m euros to expand Iride Business Park
Austrian investment fund Immoeast, the most active player on the Romanian real estate market, has purchased land close to the Iride Business Park, located in the Pipera area of the Capital,...
Petrom to invest 90m euros in upgrading petrol stations
Petrom, the largest Romanian company, will invest around 90 million euros next year, to upgrade 75 petrol stations, around 40 of which will be turned into PetromV stations. The PetromV conce...
Up to 1bn euros from eurobonds
Romania could borrow up to 1 billion euros in the 1st quarter of next year, through a ten-year eurobond issue, which will be managed by three investment banks - Eurobank EFG, UBS Bank and Cr...
Estima to see 64% increase in 2008
Estima Finance, a consumer lending company owned by GE Money, has budgeted a 64% increase in the volume of released loans, to 590 million RON (around 173m euros). The company estimates it wi...
8,000 apartments to be delivered in Bucharest in 2008
At least 40 projects started in Bucharest will be delivered to the market as a whole, or just the first stage, over the course of next year, according to data presented by developers and by...
Omniasig set to top 500m euros in 2010
Omniasig, which ranks second on the insurance market, will see turnover go beyond half a billion euros in 2010, according to the company's strategy for the following years. "First of all, we...