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How to sell land on SE to avoid taxes
The management of SIF Transilvania, which controls the producer of metallurgic equipment Independenta Sibiu, intends to break up the company, which will involve the listing of the two new co...
Speculators push forex transactions to 30bn euros
The forex market boomed in June and witnessed a new record volume of transactions, which overshot the 30 billion-euro mark after coming under pressure from inflows of speculative capital att...
Ursus shareholders invest 50m euros to boost production capacities
Ursus Breweries, the beer market's second largest player, which posted turnover worth over 185 million euros last year, will invest 45 to 55 million euros in expanding its production capacit...
EU Integration drives Serpico turnover to over 7.5m euros
Serpico Trading, a distributor of food products, expects sales to advance by 50% this year, which would take the company's turnover to over 7.5m euros. "The effects of EU integration have ge...
Immorent to rev up investments
Bogdan Cernescu, 31, the newly-appointed general manager of Immorent Romania, the domestic branch of the leasing division of the Austrian group Immorent, says the group's investments in real...
Holzindustrie adds 130m euros to investment budget
Austria's Holzindustrie Schweighofer, one of the major players in the wood processing industry, intends to boost its investments on the domestic market by 130m euros, with a view to increasi...
Alexander Hughes gets 12,000 to 50,000 euros for a manager
The domestic office of Alexander Hughes, an executive search consultancy, charges a minimum of 12,000 euros for a project to recruit a manager. "Our minimum tariffs for recruitment on the do...
Kronospan adds 15m euros to investments in Alba
The Austrian-based Kronospan group, one of the major players in the wood industry, is set to carry out investments worth 15m euros in Sebes (Alba), through a programme that will add to inves...
Domestic insurers cannot afford to buy reinsurance abroad
The volume of gross premiums received for reinsurance by companies on the domestic market increased by 150% in euros last year, to 22.2 million euros (78.3 million RON), according to the 200...