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Catarama mulls acquisition of two plants
Viorel Catarama, owner of the furniture company Elvila, is in talks to buy two furniture plants that he intends to acquire in early 2004. "We will buy two furniture plants, for which we will...
SIF law: two years of talks and no certainty yet
The raise of the maximum percentage an investor is allowed to own in a Financial Investment Company (SIF) from 0.1% to 1%, taken for granted and eagerly awaited by the players on the Stock E...
Antrefrig puts $8m in two hotels
Antrefrig Group controlled by an Iranian-held company has invested $3 million in a four-star hotel close to the Baneasa Airport and is considering the construction of a second one in which i...
Fiscal Code: two income tax systems
After four months of calculations and talks with representatives of the business community and of the trade unions, the Government during its latest meeting endorsed the fiscal code draft to...
Fiscal Code: two income tax systems
After four months of calculations and talks with representatives of the business community and of the trade unions, the Government during its latest meeting endorsed the fiscal code draft to...
Another two funds choose longer life
Société Générale Romania Fund (SGRF) and Romanian Investment Fund (RIF), two of the leading foreign investment funds in Romania, are planning to extend their life span by two years, so that...
Will commercial space tenants prevail over owners in two years from now?
Many companies are waiting to enter Romania, but cannot seem to find the right space. It is not about halls, warehouses or offices, but about a piece of commercial property so that they coul...
Tender Group buys two more companies
Grupul Energetic Tender (Tender Energy Group - GET), the first private energy holding in Romania proceeds with its campaign to acquire equipment and service companies. Its latest two acquisi...
Two months of scalding hot weather take away the blues of beer companies
The Romanian beer market, where several hundred million dollars have been invested since 1997, has climbed 10% in the first six months and it seems to be heading for a record-high this year....