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Wirth leaves Holcim in the black, though with sales below 2006 level

Holcim Romania, the domestic subsidiary of Holcim Swiss group, expects flat turnover from 2010 this year, of around 200m euros, a figure that is however below the level reached in 2006, when...

Andreea Neferu · 09.03.2011 · 21:54 · 1 min
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Raiffeisen dethrones Erste in money managers' ranking

Raiffeisen Asset Management (RAM) investment manager, with assets worth 2.43bn lei (576m euros) under management at the end of February, climbed onto the leading position in the biggest inve...

Roxana Pricop · 09.03.2011 · 21:52 · 1 min
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Radu Georgescu's new deal: 4m euros for minority stake in Avangate

3TS Capital Partners investment fund, supported by Cisco, the world's biggest network equipment producer, paid 4m euros to take over a minority stake in Avangate, a provider of solutions and...

Magraon Andreea · 09.03.2011 · 21:50 · 1 min
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Top 100 biggest exporters in Romania

Dacia, Nokia and Rompetrol lead the ranking of exporters, with the top Romanian exporters being Interagro, controlled by Ioan Niculae, state-held Oltchim, and Grup Servicii Petroliere, held...

Claudia Medrega · 08.03.2011 · 22:37 · 1 min
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Beginning of the year comes with good signs in industry

The industry continued to go full speed ahead at the beginning of the year, after last year it had one of the biggest contributions to the slowing down of economic decline.

Claudia Medrega · 08.03.2011 · 22:19 · 1 min
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SIF Transilvania eyes oil, petrochemical and energy sectors in 2011

SIF Transilvania financial investment company has a 61 million-lei (14.5 million-euro) investment budget it wants to target mainly at stock exchange listed oil and energy companies.

Adrian Cojocar · 08.03.2011 · 22:17 · 1 min
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RCS&RDS borrows 368m dollars

RCS&RDS, the telecom operator controlled by Oradea businessman Zoltan Teszari, managed to obtain two loans worth a cumulated 368 million dollars (206 million dollars and 125 million euros re...

Ovidiu Tempea - Mediafax · 08.03.2011 · 22:14 · 1 min
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Cosmote: Mobile Internet and smartphone markets will see fast growth for another five years

The mobile Internet services market and the smartphone sales are still in the early stages of development in Romania, so both segments will see significant growth rates over the next five ye...

Adrian Seceleanu · 08.03.2011 · 22:14 · 1 min
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New Labour Code to become law in one week

The Boc Government has assumed responsibility in front of Parliament on the modifications brought to the Labour Code, a draft that could make the labour market more flexible and lead to the...

Adelina Mihai · 08.03.2011 · 22:13 · 1 min