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Grandemar expands quarries to cope with demand
Cluj-Napoca-based Grandemar, a company that specialises in the extraction of rock for construction, announced that it would invest more than million euros this year to modernise and expand q...
Mehedinti, the county with the lowest RON deposits again
Individual clients in Mehedinti had the lowest time deposits in RON at the end of April, only 140 million RON (38 million euros), according to NBR data. Another county with low savings is Gi...
BCR takes the market by surprise with 3.75% deposit interest rise
BCR, the leader of the banking system, operated an increase in the interests paid on RON deposits from its clients by 3.75%, which came as a shock to the market. After this leap, the interes...
GW transporter: Fuel price increases affect negotiations with clients
The acquisition price of fuel accounts for around 40-50% of the cost of transporting goods, according to Viorel Leca, general manager of Gebruder Weiss Romania. Gebr?der Weiss is the largest...
Deals with insurance companies total 1bn-euros
Deals sealed in the insurance sector have exceeded a record-high of one billion euros over the last six months, which makes it the most dynamic sector of the year. No less than eight compani...
Citi introduces credit cards with annual interest rate of almost 28%
Citibank, the local division of the American giant Citi, yesterday launched two Visa-branded credit cards dedicated to individual clients, after weighing the pros and cons of such a move for...
Pambac in acquisition talks with several players
Pambac Bacau, one of the leading producers of pasta, intends to boost production both organically and through acquisitions. "We have been in talks with several local players that process cer...
Hergan sells shopping complex in Titan, with Auchan as anchor, for 140m euros
Real estate developer Avrig 35, controlled by businessman Alexander Hergan, a real estate investor with one of the lowest-profiles on the domestic market, is in advanced talks with DEGI, the...
Local-based Ivatherm battles with Avene and Vichy
With ten years' experience in the pharmaceutical sector, and two Business Masters Degrees in France and Romania under her belt, Rucsandra Hurezeanu entered the dermocosmetics market to take...