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Romania Hypermarche starts works on Cora Cluj
The Romania Hypermarche company yesterday started construction works on the third Cora store in Romania and the first located outside Bucharest, in Cluj-Napoca; the investment is estimated a...
Mittal Steel Galati works on productivity
The restructuring plan that has taken Galati-based steel plant from losses of $350m (300m euros) to net profit worth $429m last year has turned Mittala??s business in Romania into a real ben...
Sweet merger in the works
Sweet merger in the works
Excelent-Kandia merger in the works
Excelent, Romania's second-largest sweets maker, is planning a merger by absorption with Kandia, the market's third-largest company. Excelent already holds a 62% stake in Kandia, whereas the...
Mortgage deeds market law in the works
Consultant Deloitte & Touche along with the representatives of the National Securities Commission (CNVM), of the Stock Exchange and the Finance Ministry has started work on the draft to regu...
Head snailer works for export
Head snailer works for export
"Head snailer" works for export
Furrier Ion Francu has been living off snails for several years now. He buys them from collectors in the villages around Fagaras and sells them to a factory in Targu-Mures, which in its turn...
"Exports at any rate," a slogan that works wonders
Exports' volume in June reached the highest level in the past ten years, while over the first six months of the year they increased by 25% as compared to last year. However, the exports' str...