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Overall Postal Traffic In Romania Down 0.7% In 2012
Companies

Overall Postal Traffic In Romania Down 0.7% In 2012

The Romanian postal services market has stabilized and the overall postal traffic reached 523.3 million dispatched items at the end of 2012, down 0.7% from 2011, the country’s telecom regula...

Ecaterina Craciun · 08.10.2013 · 14:05 · 1 min
ZFEnglish.com 2013 Energy Annual Report Available For FREE Download
Energy

ZFEnglish.com 2013 Energy Annual Report Available For FREE Download

ZFEnglish.com presents the 2013 digital edition of the Energy Annual Report, in English, highlighting the main events in the oil, natural gas, and energy sectors. The report brings a compreh...

Oana Gavrila · 08.10.2013 · 13:55 · 1 min
Revamped Seaside Rex Hotel To Reopen Next Year
Real Estate

Revamped Seaside Rex Hotel To Reopen Next Year

Five star seaside Rex Hotel in Mamaia (SE Romania) should reopen next year, after a EUR3.5 million renovation and a further EUR5 million upgrade investment, owner Carmen Adamescu says.

Oana Gavrila · 08.10.2013 · 00:00 · 1 min
Moraru, Marex: There’s Room For Growth On A Pork Market With 40% Deficit
Retail&Consumer

Moraru, Marex: There’s Room For Growth On A Pork Market With 40% Deficit

The swine business of the Braila-based Marex Group will grow by 7.5% this year, owner Marin Moraru says.

Oana Gavrila · 08.10.2013 · 00:00 · 2 min
Romanian Economy Minister Varujan Vosganian Resigns
Social/Politics

Romanian Economy Minister Varujan Vosganian Resigns

Romanian Economy Minister Varujan Vosganian has resigned from the Cabinet Monday after senators voted against lifting his immunity to allow prosecution.

Oana Gavrila · 07.10.2013 · 19:18 · 1 min
Immochan Romania Appoints Former Sonae Sierra Manager As CFO
Real Estate

Immochan Romania Appoints Former Sonae Sierra Manager As CFO

Immochan, the real estate division of French group Auchan, has appointed Miguel Trindade, former manager of real estate developer Sonae Sierra Romania, for its chief financial officer.

Oana Gavrila · 07.10.2013 · 19:06 · 1 min
Cemacon Seeks to Sell Its Old Factory In Zalau And 6 Ha Land For EUR7-8M
Real Estate

Cemacon Seeks to Sell Its Old Factory In Zalau And 6 Ha Land For EUR7-8M

Romanian brick maker Cemacon (CEON.RO) wants to raise EUR7-8 million by selling the industrial platform it owns in the center of the town of Zalau, northwestern Romania, which includes its o...

Oana Gavrila · 07.10.2013 · 18:38 · 1 min
U.S. Investment Fund Buys Avangate, Part Of Romanian-Owned GeCAD Group
Technology &Telecoms

U.S. Investment Fund Buys Avangate, Part Of Romanian-Owned GeCAD Group

U.S. investment fund Francisco Partners has bought the entire stake in ecommerce solutions provider part of the GeCAD group, owned by Romanian businessman Radu Georgescu, for an undisclosed...

Oana Gavrila · 07.10.2013 · 18:20 · 1 min
Romanian State To Guarantee 50% Of Loans Of Up To RON5M To SMEs
Banks-Insurance

Romanian State To Guarantee 50% Of Loans Of Up To RON5M To SMEs

Small and medium-sized businesses will be able to access credit lines for working capital of up to RON5 million for a two-year period that will be 50% guaranteed by the state, under a propos...

Oana Gavrila · 07.10.2013 · 17:19 · 1 min