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Baneasa project to develop in synch with the market
Michael Lloyd, managing partner of Baneasa real estate project in northern Bucharest, which is expected to receive investments worth around 1.8bn euros, believes that in light of the real es...
Home buying bundled with construction financing
With specially designed areas inside its branches and mobile sales teams, BCR is attempting to gain as big a slice of the burgeoning market of new home transactions as possible. BCR, the lar...
GE in talks with Petrom to become its turbine supplier
General Electric (GE), a company ranked sixth in the Fortune 500 ranking, is in talks with Petrom to become the turbine supplier for the 800 MW gas-powered plant, which Romania's largest com...
LLI swamped with sales offers
Austrian-based company Leipnik Lundenburger Invest (LLI), which acquired the milling and bakery producer Loulis Romania this year, in a transaction worth 55 million euros, is not ruling out...
Post-sale services catch up with car market
The rise in the number of vehicles registered in Romania has led to a spectacular rise in the number of authorised servicing centres, which has now reached over 3,500 nationally, according t...
Delaco: 6m euros from partnership with Zott
Delaco Brasov, the third largest pressed cheese producer on the Romanian market, estimates to double its turnover this year, to 40 million euros, with a large contribution of this growth com...
Coldwell Banker Romania seals partnership with Americans at ONCOR
The Romanian branch of the real estate consulting company Coldwell Banker has become an exclusive Romanian partner for ONCOR International, which specialises in the commercial segment of the...
How much will petrol cost in Romania with the oil barrel at $100?
Oil is heading towards the 100 dollars per barrel threshold most specialists had anticipated, after going beyond the 81-dollar record high this week. Are Romanian fuel consumers getting near...
Max Mara aimed at customers with annual incomes of 100,000 euros
Italy's luxury brand Max Mara will open six or seven new stores within the next five years, with the potential cities including Timisoara, Brasov, Constanta, Cluj, Sibiu, Oradea and Iasi. At...