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A new top 10 law firm? Leaua & Asociații makes 5.3m euros with 21 lawyers
Law firm Leaua & Asociații (Leaua & Partners), run by Crenguța Leaua and Aurora Damcali posted a 93% turnover increase last year, to 5.3 million euros, which could see the firm propelled int...
Romania's new manufacturing map: Towns with less than 50,000 people, new headquarters of major exporters
Although they do not even have a supermarket, towns such as Jucu (Cluj), Urlați (Prahova) or Oiejdea (Alba) have in recent years become the new poles of Romanian production and exports.
Zara and Inditex brands continue expansion on the market
Spain's Inditex group, the biggest player in the domestic apparel retail, with turnover of some 75m euros in 2009, will hire around 400 people this year to prop up store network expansion, a...
Manager of the biggest closed-end fund: It's good we were able to survive the crisis
STK Emergent closed-end investment fund was hit from all sides by the financial crisis: the 2008 Bourse collapse caught it with high exposures on SIFs and RASDAQ-listed stock, while the real...
Enterprise Investors drives Profi to 100 stores
Profi retailer, controlled by Enterprise Investors investment fund, operating on the discounter segment, plans to go beyond the mark of 100 stores in Romania, from 83 at present.
State starts preparations for the biggest share offering on Stock Exchange: 500m euros for 10% in Petrom
The Economy Ministry has started the procedure of international selection of the broker for the secondary public offering of stock whereby it intends to sell 9.84% of OMV Petrom (SNP), the l...
Anca Boagiu: Transportation Ministry has always had money. Things did not budge because of carelessness, ignorance or ill will
The Transportation Ministry neither is nor has been a poor ministry, so if things are going badly, it is out of ignorance, carelessness or ill will. Former transportation minister Radu Berce...
Analysts expect recession confirmation in Q4
The economy remained in recession in the fourth quarter of 2010, with a 1% annual decline and a 0.3% quarter-to-quarter decrease, BCR analysts estimate.
Romania's public debt leaps by 11bn euros in 2010
Romania's public debt continued to rise last year at a fast pace of 31.6%, amid massive state borrowing, and reached 194 billion RON (46 billion euros), accounting for 38% of GDP.