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New scandal at Prodplast

The Association of Capital Market Investors (AIPC) says the 1.21 lei/share price, at which investment vehicle Avaliser Trading recently took over a 9.46% stake in Prodplast București (PPL.RO...

Adrian Cojocar · 11.05.2011 · 23:37 · 1 min
ZF English

Man behind Cocor makeover leaves company

Dan Bărbulescu, who in the last four years has run Cocor's Board of Directors and has overseen the modernizing of the shopping center, has announced he is stepping down from the company's ma...

Andrei Chirileasa · 11.05.2011 · 23:36 · 1 min
ZF English

Schuldt, Cargill: Romanian agricultural yield same as last year

Martin Schuldt, general manager of Cargill Agricultura, one of the biggest players in grain trade, expects this year's agricultural yield to be similar last year's, so Cargill is not expandi...

Gabriel Razi · 11.05.2011 · 23:35 · 1 min
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Antimissile system to be deployed in Romania unlike any other in the world

Romania will be the first country in the world where the land-based SM-3 (Standard Missile 3) interceptor missile system will be deployed, the agency coordinating US missile defense says.

Alexandru Matei · 11.05.2011 · 23:34 · 1 min
ZF English

FM Logistic invested EUR15m in new logistic platform

FM Logistic, a logistics solutions company, with such clients as Cora, Sanofi-Aventis, Kraft Foods or Coca Cola in its portfolio, has finalized its EUR15 million investment in the logistic p...

Mirabela Tiron · 11.05.2011 · 23:33 · 1 min
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New turf to conquer for cosmetics producers: men

Men's cosmetics account for 20% at most of a total market valued at $800 million, but the segment of men paying more attention to how they look is widening and is attracting producers' atten...

Ana Raduta · 11.05.2011 · 23:32 · 1 min
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Almost 10% of Romtelecom's revenues come from SMEs

Romtelecom provides fixed telephony and Internet services to approximately 130,000 out of the 400,000 small and medium-sized companies that operate in Romania, a figure that last year rose b...

Anca Barbulescu · 11.05.2011 · 23:31 · 1 min
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UniCredit boss: Corporate sector is still suffering

Consumer loan demand is showing signs of growth, but it is not the healthy result of wage raises, instead reflecting the need for money of people short on cash, says Răsvan Radu, CEO of UniC...

Razvan Voican · 11.05.2011 · 23:30 · 1 min
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New accounting law to bring "informal" accountants out into the open

The new accounting law, modified through a government emergency ordinance, for the first time makes a clear distinction between organising and keeping the books, versus doing more advanced r...

Andreea Neferu · 10.05.2011 · 23:59 · 1 min