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Spain's GED consolidates travel group with Prestige Tours

Spanish investment fund GED has bought the majority stake in travel agency Prestige Tours from businessman Mircea Vladu, founder of the company, who will be executive manager of the company....

Roxana Pricop · 14.04.2011 · 23:51 · 1 min
ZF English

What MBAs Romanian banks invest in

Banca Transilvania, a top-ten Romanian-controlled bank, with over 6,000 employees, is one of the employers who have traditionally invested in training their management teams through MBA or E...

Adelina Mihai · 14.04.2011 · 23:50 · 1 min
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Tetik, Credit Europe: We cannot remain just "the credit card bank". We are pursuing Internet and mobile banking

The bank will move towards smartphones and Internet - this is the future bet of Omer Tetik, appointed at the helm of Credit Europe Bank, a medium-sized player controlled by Turkish billionai...

Liviu Chiru · 14.04.2011 · 23:49 · 1 min
ZF English

Pavăl wants to see Dedeman post 400m-euro turnover

DIY company Dedeman, controlled by Bacău-based Dragoș and Adrian Pavăl brothers, plans to increase its revenues by around 10% to nearly 400 million euros this year, by adding four or five st...

Cristi Moga · 14.04.2011 · 23:48 · 1 min
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Șerban, Economy Ministry: If you want to exist in this world, you have to produce. We will not give coal up

The Economy Ministry says it will not give up coal mining or production of energy using this resource, although in the past 20 years subsidies to support the mining industry have amounted to...

Roxana Petrescu · 14.04.2011 · 23:47 · 1 min
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Late start to car scrappage scheme sees car sales down again

The scrapping of cars older than ten years started at the end of March, but the results of the scheme have yet to be seen in terms of sales.

Bogdan Alecu · 14.04.2011 · 23:45 · 1 min
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Advice of Sibiu companies: Dare take money from EU

The first advice that Sibiu-based companies would give to smaller companies that want to develop is to "dare" take out money from the European Union, even if "bureaucracy" is sometimes exces...

Ioana David · 14.04.2011 · 23:44 · 1 min
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Marfin Bank: We want 1bn-euro assets by 2012

Cypriot-held Marfin Popular Bank, a financial group with 42 billion-euro assets and boasting one of the best performances in terms of capitalisation among players in the region, will see org...

Liviu Chiru · 14.04.2011 · 23:43 · 1 min
ZF English

Andronescu family recruits 200 physicians from public sector for biggest private hospital in Bucharest

The Andronescu family bet 40 million euros on a new business: the biggest private hospital in Bucharest, Sanador, with a capacity of 290 beds, where patients may be charged as much as 760 le...

Mirabela Tiron · 14.04.2011 · 23:41 · 1 min