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Meggle to use Lactag Arges production lines
After looking at the domestic market for an acquisition, Germany's Meggle group sealed a partnership with Lactag producer in Arges county, which enables it to use Lactag's production lines t...
Capgemini to recruit 2,000 IT specialists in Iasi
Capgemini, a French-based company and one of Europe's biggest providers of IT consulting services, is set to open a services centre in Iasi and intends to recruit around 2,000 IT specialists...
OTP Leasing set to triple business in two yearsv
OTP Leasing, a member of the Hungarian financial group OTP, intends to finance goods worth at least 50 million euros by the end of the year, and hopes to triple its business by 2008, to 150...
Malev revenues up by 30%, due to Romanian return flights
Air operator Malev, one of the leading operators on the Romanian market, saw a 30% increase in revenues in the first six months of the year against the same time last year, as a result of th...
Transelectrica earmarks 150m euros for cable to Turkey
Transelectrica, the national power transmission company, is set to invest at least 150m euros by 2020 for the construction of a submarine power cable for energy transmission to Turkey and fo...
GM set to buy $500m worth of auto parts from Romania
A total of 500m dollars (368.4m euros) a year. This is the value of auto parts General Motors, the world's leading carmaker, plans to buy from Romania, according to company representatives....
ADM Farm to invest 4m euros to double the number of drugstores
ADM Farm, a pharmaceuticals distributor, which owns the Sante drugstore chain, is set to invest around 4m euros this year to expand its retail network to 30 drugstores. "At the moment, we ha...
Trade growth drives TCE sales to 5m euros
TCE Logistica, one of the main players on the domestic courier services market, registered turnover worth five million euros in the first half of this year, 25% higher against the same perio...
GE Money appoints new head and intends to rebrand
GE Money, the retail financial services arm of General Electric US giant, is preparing to rebrand its companies - Motoractive Leasing, Domenia Credit and Estima Finance. GE Money has recentl...