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Cersanit buys two plots from Barlinek for 15 million euros
Cersanit Romania, formerly Romceram, will buy from the Romanian subsidiary of Polish wooden flooring and parquetry company Barlinek two plots of land that cover 33.5 hectares, located in Margineni, Bacau County, for approximately 15 million euros. The first pl...
Belgians to invest 100m euros in two industrial parks
Belgian developer Immo Industry Group (IIG) will become involved in industrial projects in Romania when it builds two industrial parks near Bucharest and in Satu-Mare, which will be built in...
Omnicom Media Group consolidates with two new divisions
Omnicom Media Group (OMG), the media division of the Omnicom Group, has opened the Media Digital and Fuse divisions on the Romanian market after it relaunched the most important OMG brand ea...
Carrefour to open two more supermarkets next week
Carrefour will open two Carrefour Express supermarkets in Lugoj and Bistrita next week, which will take the network to nine such stores. The launch of the two stores is part of the programme...
Gregory's targets nine outlets over two years
Gregory's Romania, the domestic subsidiary of Greek fast-food outlet Gregory's, is set to open four restaurants in Bucharest this year and add a further five in 2009 in the wake of investmen...
Deutsche Bank: 100m euros in two GTC projects
RREEF, a division of Deutsche Bank Asset Management, a real estate giant with assets worth almost 50bn euros, owns stakes worth 100m euros in the housing complexes FeliCity and Rose Garden,...
Two deals revive real estate market in second quarter
Last year, real estate deals revolved around 2bn euros, however, the start of the year was poor in terms of the movement of assets, after several investors saw their funds dry up, while bank...
Bucharest attracts two thirds of foreign investments
Bucharest attracts 64% of foreign investments compared with the Northeast region, which only gets 1.2%. This is the most significant gap in terms of the impact foreign investment s have on e...
Only two funds beat bank deposits
People who chose to place their money in investment funds gained less than those who chose bank deposits during the last year, after just two funds managed to bring an annual yield above the...