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Mega Image Network Hits 250 Stores With New Opening In Bucharest
Retail&Consumer

Mega Image Network Hits 250 Stores With New Opening In Bucharest

Retailer Mega Image, part of Belgian group Delhaize, will reach a network of 250 stores with the opening of a new Shop&Go convenience store in Bucharest Wednesday.

Oana Gavrila · 17.09.2013 · 13:26 · 1 min
Plans Of Pump Maker Aversa's New Owner
Companies

Plans Of Pump Maker Aversa's New Owner

Canadian businessman Michael Topolinski, who recently bought bankrupt pump maker Aversa, says he does not plan to change the plant’s management structure yet.

Tudor Ioana Raluca · 17.09.2013 · 07:51 · 2 min
Bogza, Head Of CIS: Fear Of Taking Decisions Is Main Reason For Lack Of Foreign Investments
Companies

Bogza, Head Of CIS: Fear Of Taking Decisions Is Main Reason For Lack Of Foreign Investments

Slowness and fear of taking decisions are among the main reasons why Romania lacks foreign investments, believes Mihai Bogza, president of the Foreign Investors Council (CIS) and chairman of...

Oana Gavrila · 17.09.2013 · 00:00 · 1 min
Romania Exports 80% Of Its Furniture Production
Retail&Consumer

Romania Exports 80% Of Its Furniture Production

Furniture exports reached EUR694 million in the first five months of 2013, an increase of 15% on the year-ago period, according to the Romanian Furniture Manufacturers Association (APMR).

Oana Gavrila · 17.09.2013 · 00:00 · 2 min
President Calls On Cabinet To Pull Gold Mining Project Bill From Parliament
Social/Politics

President Calls On Cabinet To Pull Gold Mining Project Bill From Parliament

Romanian President Traian Basescu said Monday the Constitution does not allow the Parliament to adopt laws accommodating one certain company and urged the Cabinet to pull the bill on Rosia M...

Oana Gavrila · 16.09.2013 · 19:29 · 1 min
NEPI Buys Severin Shopping Center And Adjacent Land Plot From Bel Rom
Real Estate

NEPI Buys Severin Shopping Center And Adjacent Land Plot From Bel Rom

South-African investment fund New Europe Property Investments (NEPI) has bought Severin Shopping Center, developed by Belgian group Bel Rom, and an adjacent plot of land of 2.3 hectares, law...

Oana Gavrila · 16.09.2013 · 18:42 · 1 min
Romania Pledges To Sell Most Companies Held By Economy Ministry
Energy

Romania Pledges To Sell Most Companies Held By Economy Ministry

The Romanian Government has pledged to sell most state companies under the Economy Ministry in its letter of intent to the International Monetary Fund.

Oana Gavrila · 16.09.2013 · 18:29 · 2 min
Bucharest Subway Employees To Go On Two-Hour Warning Strike Tuesday Morning
Social/Politics

Bucharest Subway Employees To Go On Two-Hour Warning Strike Tuesday Morning

Employees of the Bucharest subway company Metrorex will go on a two-hour warning strike Tuesday, between 4 and 6 a.m. and plan to follow-up with a general strike on September 30 unless their...

Oana Gavrila · 16.09.2013 · 15:33 · 1 min
Insolvent Romplumb Seeks Investors To Restart Lead Production
Companies

Insolvent Romplumb Seeks Investors To Restart Lead Production

Romanian liquidator Casa de Insolventa Transilvania (CITR), the court-appointed administrator of lead producer Romplumb Baia-Mare, is looking for investors to take over the plant or propose...

Ioana Tudor · 16.09.2013 · 14:55 · 1 min