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Romtelecom tempts corporate customers with new products
Romtelecom, the largest fixed telephony operator on the Romanian market, expects to see the strong expansion of its business clients division, which was launched when the company's managemen...
After real estate, Africa Israel taps into hotel market with 18m euros
Africa Israel Hotels, a subsidiary of Africa Israel real estate group controlled by Lev Leviev, one of Europe's wealthiest businessmen, is set to enter the domestic hotel market through the...
Piraeus ends summer with record sales and profit
The Greeks at Piraeus are starting to see the first effects of their massive investment campaign in the profit figures, as well. In the first seven months of 2007, the bank made 8.6 million...
Ioan Micula rules out partnerships with funds, considers floatation
Ioan Micula, one of the shareholders of the European Food & Drink group, the biggest player involved in the domestic food industry, which posted approximately 700 million euros in revenues l...
Delta Airlines to encourage passengers with a 20% price cut in September
Delta Airlines, which in June re-launched the Bucharest-New York flight after a ten-year hiatus, expects to maintain its passenger occupancy rate at 80% (a level registered during the first...
Targu Mures airport likely to enter into partnership with private firms
The chairperson of Mures County Council, Lokodi Edita Emoke, stated she asked the management of Transilvania airport to draw up a study on the investments needed to develop the airport, addi...
Entrepreneurs catch foreign partners with honey
Access to EU funds and contracts with foreign partners can aid the expansion of businesses selling and distributing apiary products both on the domestic market and on foreign markets, where...
Fortis starts offering factoring services in partnership with Compania de Factoring
Fortis Commercial Finance (FCF), a division of the Belgian group Fortis and a provider of asset-based services, will launch its factoring services on the Romanian market, in partnership with...
Seroussi cancels contract with Hugo Boss due to disagreement over prices
Joseph Seroussi, owner of J&R Enterprises, one of Romania's biggest clothing manufacturers, which employs around 6,000 people, stated that he had cancelled contracts with renowned retailers,...