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British fund Equest to raise another 50m euros for Romanian investment
British real estate investment fund Equest Balkan Properties, which owns eight properties on the domestic market, aims to raise funds worth 50 million euros by September this year from the A...
Egnatia to change its name to Marfin-Egnatia Bank
Egnatia Bank, a medium-sized player on the banking market, is continuing the series of re-branding processes, which has been experienced over the entire banking market this year, with a plan...
Electrica: No requests from household consumers to change energy suppliers
The migration of household consumers from Electrica branches towards private energy traders will only begin after fees for household clients stop being subsidised by the fees charged to big...
Modern retail chains to hire 10,000 people by yearend
International retailers are expected to recruit more than 10,000 people by the end of the year for the new stores they are to open, which will take the number of modern retail stores to more...
GM wants to boost sales of sports cars in Romania
Alfred Suter, general manager of GM Southeast Europe, the Romanian importer of Opel and Chevrolet cars, believes that the sports models offered by a carmaker improve the brand's image, in sp...
DAF importer expands to Moldova
EVW Holding, the importer and distributor of DAF lorries in Romania, estimates an increase in the volume of sales to 1,500 units for this year, 35% more than the 1,101 units seen last year....
Fords to invest over 675m euros in Craiova
Ford has submitted a bid to take over the Automobile Craiova car plant, pledging to make direct investments worth 675 million euros and to double the number of employees, up to 9.000. At the...
Companies to take interest in voluntary pensions next year
Companies will be interested in offering voluntary pensions to their employees as part of salary packages as late as next year, as their budgets are not ready to include such products yet. T...
Roman sells 70m-euro trucks to US Army
Ioan Neculaie, the main shareholder and manager of Roman Brasov says that half of the entire 2006 production was acquired by the US Army for use in Iraq. "We estimate orders for the United S...