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Russian Renaissance Capital's plans for the Romanian capital market
Steven Jennings, the CEO and main shareholder in Russia's Renaissance Capital investment bank, plans to strongly tap into the Romanian capital market, which he expects to become a regional l...
14 car brands have adjusted discounts to scrappage scheme
With the start of this year's "Rabla" (car scrappage scheme), most importers and dealers on the Romanian market have started new discount campaigns to attract clients.
Trihenea, Hidroelectrica: All sellers want a good price for their merchandise, but contracts have to be carried out
Constantin Trihenea, the head of the company that generates the cheapest energy in Romania, Hidroelectrica, says the logic of all sellers is to sell their merchandise for good money.
Top leasing firms affiliated to banks by 2010 funding
On a leasing market that dropped further in 2010, sealing major car contracts, a substantial real estate deal or embracing a very aggressive price policy influenced the trend of turnover and...
Greek Mytilineos keeps only zinc and lead plant in the country closed
Mytilineos group has kept activities of Sometra Copșa Mică, the only zinc and lead producer in Romania with over 140m euros in turnover in 2008, closed for more than two years, though at the...
Genpact to hire 160 university graduates in Bucharest and Cluj
Genpact Romania, a provider of business services and of BPO (Business Process Outsourcing) services, continues expansion and is looking to hire 160 young university graduates in Bucharest an...
Daniel Boaje, new head of McDonald's, eyes small and sustainable increases
Each of the 140,000 daily clients of McDonald's left around 8 or 9 lei (2 euros) in one of the chain's restaurants last year, according to ZF calculations based on the number of clients rele...
Petrom to disburse 245m-euro dividends, the first in two years
OMV Petrom (SNP), the biggest company in Romania, could disburse dividends of around 1 billion lei (245 million euros, at the exchange rate of 4.1 lei/euro) from last year's profit, accordin...
Suppliers of oil equipment: Incidents in Libya will boost OMV's exploration and production investments, Romania included
The political crisis in Libya, which prompted Austrian group OMV, Petrom's owner, to suspend hydrocarbon exploration and production operations in the region affected by the conflict, could h...