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Cement Giants Lafarge And Holcim Will Sell Plants To Complete Merger
Companies

Cement Giants Lafarge And Holcim Will Sell Plants To Complete Merger

The merger between Lafarge (France) and Holcim (Switzerland), set to create a new leader on the world’s cement market, with total sales of EUR30 billion, will also involve plant sales.

Catalina Apostoiu · 08.04.2014 · 00:00 · 3 min
Danish Furniture Retailer JYSK Opens Store In Colosseum Retail Park; Shopping Center To Be Expanded
Real Estate

Danish Furniture Retailer JYSK Opens Store In Colosseum Retail Park; Shopping Center To Be Expanded

UK-held Nova Imobiliare is considering expanding the Colosseum retail park in Chitila, near Bucharest, by 15,000 square meters, after Danish furniture retailer JYSK rented a 1,200 sqm space...

Oana Gavrila · 07.04.2014 · 11:52 · 1 min
Former Pic Store In Pitesti Sold To Romanian Investors
Real Estate

Former Pic Store In Pitesti Sold To Romanian Investors

The former Pic hypermarket in Pitesti has been sold to Romanian investors, liquidator PricewaterhouseCoopers Business Recovery Services announced Monday.

Oana Gavrila · 07.04.2014 · 11:18 · 1 min
INS: Average Net Wage Inched Higher In February
Macroeconomics

INS: Average Net Wage Inched Higher In February

Romanian average net salary inched 0.1% higher to 1,626 lei (EUR365) in February, from RON1,625 a month earlier, the statistics institute INS said Monday.

Bogdan Neagu · 07.04.2014 · 10:00 · 1 min
Romania Industrial New Orders Rise 15% On Month In February
Macroeconomics

Romania Industrial New Orders Rise 15% On Month In February

Romanian industrial new orders rose 15% on the month in February, on higher demand in all sectors, and were up 20.4% against the same period a year before, the statistics institute INS said...

Bogdan Neagu · 07.04.2014 · 10:00 · 1 min
INS: Romania Industrial Sales Up 9% On Month In February
Macroeconomics

INS: Romania Industrial Sales Up 9% On Month In February

Romanian industrial sales rose 9% in February from the previous month despite a decrease in mining sales, the country’s statistics institute INS said Monday.

Bogdan Neagu · 07.04.2014 · 10:00 · 1 min
Romgaz Looks To Sell 50% Of Stake In Two Oil Blocks In Poland
Energy

Romgaz Looks To Sell 50% Of Stake In Two Oil Blocks In Poland

Romgaz Medias (SNG.RO), the largest natural gas producer in Romania, is in talks with a US company to sell 50% of its stake in two oil blocks in Poland.

Loredana Frățilă-Cristescu · 07.04.2014 · 00:00 · 2 min
Romania’s Farmland 25 Times More Expensive Than A Decade Ago
Companies

Romania’s Farmland 25 Times More Expensive Than A Decade Ago

Farmland in Romania has risen in price by 25 times in 2002-2012 to an average level of EUR4,600/hectare, close to the price in France, Poland and Brazil, but higher than in Hungary and Austr...

Loredana Frățilă-Cristescu · 07.04.2014 · 00:00 · 1 min
Lawyers: Israeli Investors, No Longer On Stand-By, Seeking Real Estate Assets
Real Estate

Lawyers: Israeli Investors, No Longer On Stand-By, Seeking Real Estate Assets

Israeli investors have started regaining their interest in the Romanian market, after a period of expectancy, and natural gas and real estate projects are their main targets, according to Al...

Catalina Apostoiu · 07.04.2014 · 00:00 · 2 min