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Farmexpert to merge branches and use hedging as protection to foreign exchange risk
Pharmaceuticals distributor Farmexpert, one of the main players in its industry, has secured part of its cash flow this year by using bank hedging, with the value of the contracts to stand at 20 million euros. "We are not looking to get any special profit from...
Anchor Grup: We could use a strategic partner
Ibrahim Paksoy, CEO of Anchor Plaza, says he has lost track of the number of investors who have shown an interest in the company's Romanian projects. The two shopping centres Bucuresti Mall...
Meggle to use Lactag Arges production lines
After looking at the domestic market for an acquisition, Germany's Meggle group sealed a partnership with Lactag producer in Arges county, which enables it to use Lactag's production lines t...
IKEA to use Bucharest expertise in other areas
IKEA to use Bucharest expertise in other areas
Chinese use Romanian software to collect taxes
Chinese use Romanian software to collect taxes
Isarescu: NBR will use every instrument to curb inflation
The National Bank of Romania (NBR) has decided to maintain the monetary policy rate at 8.5% and continue to engage in purging substantial amounts of excess cash through operations on the mar...
Reinert to use Romania as export hub
Germany''s number three on the processed meats segment, Reinert, which has announced it will begin construction works on a 15 million euro production facility near Brasov, intends to turn Ro...
Howard Johnson Grand Plaza to use all-stars approach
Located downtown Bucharest, the Howard Johnson Grand Plaza hotel - the former Dorobanti, which needed 20 million dollars to climb to four stars, is preparing to enter the market with a uniqu...
Romanian economy has loads of money but cannot use it
Romania has no decent highways, no hospitals, no houses. But the country does have something else: money. However, how can someone have money and be unable to use it? Inflation and the lack...