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Marex owner: There are few reasons for optimism in 2011

Brăila businessman Marin Moraru, who controls companies with a cumulated turnover of 140 million euros in agriculture and the food industry, says in the absence of other sources of funding,...

Adelina Mihai · 19.01.2011 · 23:52 · 1 min
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Plus stores become Lidl in a month's time

Plus stores in Bucharest are crowded, both down the aisles and at the cash tills, where at least three, four people are waiting to pay for the products in their shopping carts, after taking...

Cristina Roșca · 19.01.2011 · 23:50 · 1 min
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UniCredit to resume network expansion as the economy recovers

UniCredit wants to gain market share on the Romanian retail market, and is set to focus on opening branches, as well as on developing distribution through alternative channels, says Gianni P...

Razvan Voican · 19.01.2011 · 23:49 · 1 min
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New head of Bancpost wants growth on corporate segment

Bancpost will become a stronger player on the corporate banking segment, to match its performance on the retail segment, says Peter Weiss, appointed as CEO of the bank controlled by the Gree...

Razvan Voican · 19.01.2011 · 23:47 · 1 min
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Pop, Rehau: Without constructions and agriculture, we cannot hope for economic growth

The constructions and the agriculture sectors are two of the essential factors in the revival of the Romanian economy in 2011, believes Emil Pop, general manager of Rehau Polymer, local subs...

Andreea Neferu · 19.01.2011 · 23:45 · 1 min
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JW Marriott shareholders put off investment in room renovation

JW Marriott hotel, the biggest five-star hotel on the Bucharest market, which operates 402 rooms, has put off the several million-euro investment in room renovation scheduled for this year,...

Mirabela Tiron · 19.01.2011 · 23:42 · 1 min
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630 Romanians work for Microsoft in US, Ireland and Denmark

The number of Romanians working for Microsoft's subsidiaries in the US, Ireland and Denmark is double the number of employees of the world's biggest software company in Romania. The trend wi...

Adelina Mihai · 19.01.2011 · 23:41 · 1 min
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Brokers spend thousands of euros to show up next to Fondul Proprietatea in Google search results

Several brokerage firms have earmarked thousands of euros to be placed first in the results returned when investors look up Fondul Proprietatea on Google. The stake is the trading fees broke...

Roxana Pricop · 19.01.2011 · 23:39 · 1 min
ZF English

Franks, IMF: The big disappointment is the economy has not returned to growth

The IMF's big disappointment after two years of arrangement with Romania is that the economy has yet to return to growth, says Jeffrey Franks, the head of the mission negotiating and managin...

Razvan Voican · 18.01.2011 · 23:42 · 2 min