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Ford will not recruit for Craiova plant until 2010
John Fleming, the chairman of Ford Europe, the owner of Automobile Craiova, says the first wave of recruitment for the production centre in Oltenia will start in 2010, because the current number of employees covers Ford's production volumes at present
Atrium Centers: Cluj project delayed until mid-2010
Real estate developer Atrium Centers will organise a new selection process to choose a construction company for its real estate project in Cluj, after initial bids were 30-50% higher than th...
Equest postpones listing of Technomarket Domo until September
Equest Investment Balkans (EIB) investment fund, which took over IT retailer Domo last year and Bulgarian-based Technomarket, has put off until September the flotation of 25% of the shares o...
Dominic Bruynseels has until December to come up with BCR strategy
British businessman Dominic Bruynseels effectively took over the duties of chief executive at BCR yesterday, after having travelled extensively throughout the country with Manfred Wimmer in...
Capital Partners: Major deals postponed until after elections
The domestic M&A market is still affected by the international financial crisis, but investment funds remain interested in Romania and other emerging markets, states Lionachescu. He attended...
Auchan delays openings in Timisoara and Constanta until next year
The Auchan hypermarket network will now open hypermarkets in Timisoara and Constanta next year, which were initially planned for 2008, due to dependence on the progression of construction wo...
Appetite for consumer loans will remain high until 2010
Consumer lending will increase substantially over the next two years, and will eventually account for 22.7% of the Gross Domestic Product, compared with 14.8% at the end of last year, believ...
One quarter of new flats postponed for delivery until 2009
The number of new flats that will be delivered this year has gone down from 8,000 to approximately 6,000, reveals a ZF analysis, based on data collected for the first edition of the Ansamblu...
NBR's inflation target unattainable until end of 2008
The Government's revised euro convergence programme indicates that the inflation rate will fall within the limits accepted by the National Bank of Romania as late as the third quarter of nex...