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Romanian managers refuse to be "tied down"
Increasingly more Romanian managers choose to give up the financial support offered by the organisations where they work, and pay the costs of an MBA or an executive MBA programme on their o...
Caelum to build Bucharest's biggest mall in Titan
Caelum Developments, a company controlled by several Irish businessmen, will invest around 600 million euros to build a shopping complex and two apartment blocks in the Titan district, which...
Swedish-based Plannja to build metal roof tile plant in Romania
Plantar Distribution Romania, based in Pieta Nealt, the Romanian branch of the Swedish group Plantar, is interested in building a metal roof tile plant in Romania, after having operated only...
Domestic alternative energy business to take off
The Romanian market of alternative energy systems, which according to European statistical surveys currently stands "at zero", has a huge potential because of the inefficiency and high costs...
Brokers to arrange 30% of banking loans in 5 years
Over 500 credit brokers arrange approximately 5% of the overall volume of loans granted by banks, with the domestic banking brokerage industry lagging far behind the European market, where a...
Europharm closes six drug warehouses due to mark-up cuts
Drug distributor Europharm, held by the UK giant GlaxoSmithKline (GSK), leader of the Romanian pharmaceutical market, will close down 6 of its 17 warehouses, with the company having the most...
Automobile Dacia unable to meet demand for Logan MCV
The waiting period for a Logan MCV, which is designed for emerging markets, now stands at more than three months for Western European countries and could be as long as five months, which is...
Professional in talks to acquire a foreign company
Recruitment company Professional, which registered the second highest turnover on its market, is in negotiations to buy a foreign company. "We are considering both opening our own offices, a...
First Audi S6 worth over 100,000 euros goes to Timisoara
Porsche Romania, Audi importer domestically, in August delivered this year's first Audi S6 through Porsche Timisoara. Audi S6 is the sport version of A6, the large-class model of the German...