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Wizz Air set to double staff
Hungarian low cost airline Wizz Air will double its number of employees to 100 within the first few months of next year, in an unusual move for a foreign air operator, which generally employ...
Gemini to sell loans to Romanians in Spain
Gemini Capital Consult, a leading credit broker, wants to broker loans for Romanians working in Spain and Italy, and also plans to open offices in countries with large Romanian communities....
Borcea sells LPG business to Dutch at SHV
Businessman Cristi Borcea, general manger of Dinamo Bucharest Football Club, has reached an agreement with Dutch-based SHV group to sell his LPG business, the Crimbo Gas group, in a deal wor...
Postema, from pharmaceuticals to consultancy
Klaas Postema, the former CEO of Sicomed Bucuresti drug company (currently Zentiva), founded consultant Genesis Capital at the beginning of this year together with Didier Lepoutre and Lucian...
Asitrans changes name to EuroIns
Asitrans, which was recently taken over by Bulgarian Eurohold group, is expected to change its name to EuroIns, with the decision set for debate during a general meeting of the shareholders...
Covalact shareholders come up with 4m euros to increase capital
Covalact, the dairy producer, which this year sold 70% to US-based investment fund SigmaBleyzer, will increase its share capital by 13.5 million RON (around four million euros), in order to...
RCS&RDS could raise 390 to 540m $ in London
On November 6, RCS&RDS will put up for sale on the London Stock Exchange 74.436 Global Depositary Receipts (GDR, representing its non-voting preference shares), at a price ranging between 5....
Baneasa project to develop in synch with the market
Michael Lloyd, managing partner of Baneasa real estate project in northern Bucharest, which is expected to receive investments worth around 1.8bn euros, believes that in light of the real es...
DTZ expects business to double
Real estate consultancy DTZ Echinox, one of the most active players on the Romanian market, intends to achieve an over 4 million euro turnover by the end of the year, double the level of 200...