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RED not to develop shopping centre in Bucharest, yet
RED Management Capital, with a 350m-euro portfolio on the domestic market, which includes 22 properties, is present in Bucharest only through a partnership for a housing complex. Despite being one of the most dynamic shopping centre developers outside Buchares...
Cora: Rising food prices have not hurt sales yet
Eugen Zbircea, manager of Provera, the procurement centre for Cora, Profi and Albinuta stores, says the company's turnover could reach 313m euros this year, with part of the increase trigger...
Romstal not ready to go West yet
Ready to put most locations in Eastern Europe on his expansion list, like Serbia, Bulgaria, Moldova and Ukraine, and to develop a network of at least 100 stores in Russia, Enrico Perini, own...
Romania is not yet ready for EU funds
DZ Consulting, a company that has offered financial consulting for deals worth over 2 billion euros on the Romanian market, closed a partnership this year with Belgian company Euro Keys, for...
City Grill, not ready for partnership or takeover yet
City Grill restaurant chain, controlled by businessman Dragos Petrescu through Totter Prim company, has received several partnership and takeover bids from different investment funds, which...
Hotels in Bucharest: expensive yet in highest demand
Hotels in Bucharest registered the fastest growth in their occupancy rates in the first six months of this year, leaving behind cities such as London, Moscow and Istanbul. Overall, Bucharest...
Ioan Niculae will not sell Asirom yet
Businessman Ioan Niculae, who controls around 50% in Asirom through Interagro group, says he will not sell his stake in the insurance firm in the next two or three years. Asirom is now worth...
Caroli: No decision onthe location in Cluj yet
Caroli Foods, one of the main domestic producers of charcuterie products, has generated a turnover worth 22.5m-euros in the first quarter of this year, up 25% on last year, says Talal El Sol...
Banking competition doesn't touch savings yet
Loans have come to account for a little over half of total banking assets, stated Nicolae Danila, BCR executive chairman on Tuesday. Despite shrinking interest rate margins, banks have manag...