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Praktiker store in Craiova sold for 10m euros
Real estate investor Bluehouse Capital, one of the major office space owners in Bucharest, paid nearly 10 million euros for the land and the 8,300 square-metre building of the Praktiker stor...
EU funds for human resources to run out in five months
European funds for human resources could be the first European money to run out, considering that hundreds of companies and NGOs have signed contracts worth 80% more than the amount allocate...
Alexandrescu, Alico: Claims settled rose 60% last year
Alico (formerly AIG Life), the third-largest life insurer on the Romanian market, settled 60% higher claims last year than in 2009, when the value stood at 11 million RON (2.6 million euros)...
Ipekyol and TNT stores file for reorganisation
The Israelis at Honigman&Sons Fashion, who hold TNT stores on the Romanian market, and the Turks at Ipekyol, who hold the stores by the same name, filed for insolvency in the past few days,...
Test of truth for Fondul Proprietatea
Fondul Proprietatea (Property Fund- FP), the biggest political project of the last decade, is listed on the Bucharest Stock Exchange today. Has it been worth it or not for the state to give...
Map of modern retail in early 2011
At the end of 2010, Romania had 694 modern format stores - cash&carry, discount stores, supermarkets or hypermarkets, over 100 stores more than at the start of the same year, shows a ZF surv...
Andronescus' hospital to open in a few weeks
The third large private hospital of Bucharest, Sanador, will deliver the first consultations in early February, when the official opening is also scheduled.
Schneider Electric: We are talking about green energy and smart grid, but education in these fields is lacking
Wind farms, solar energy, smart grids, electric cars, energy efficiency are the main trends that will shape the energy system over the next few years. But despite the advance of certain tech...
ASUS, domestic PC market's number two, targets 50m-dollar turnover
ASUS Romania, the subsidiary of Taiwan's IT&C equipment producer, ranking second on the domestic PC market, last year derived 42.5m-dollar turnover, up 15% from 2009, Ciprian Donciu, the com...