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Top Ten Law Firms Made Revenues Of EUR46.6M In 2012
Companies

Top Ten Law Firms Made Revenues Of EUR46.6M In 2012

The ten largest law firms in Romania made EUR46.6 million in revenue last year and six of them posted lower revenue than in 2011, according to the law firm ranking compiled by ZF for the fif...

Tudor Ioana Raluca · 24.04.2013 · 09:04 · 2 min
Franklin Templeton’s Priority Is To Boost FP’s Value Not Invest In Romanian Economy, Manager Says
Capital Market

Franklin Templeton’s Priority Is To Boost FP’s Value Not Invest In Romanian Economy, Manager Says

Franklin Templeton, the administrator of Romanian investment fund Fondul Proprietatea, collected around 95 million lei in the two and a half years since it took over the mandate, over six ti...

Oana Gavrila · 24.04.2013 · 00:00 · 7 min
Romania Raises CFR Marfa Sale Advertising Budget By RON2.5M
Companies

Romania Raises CFR Marfa Sale Advertising Budget By RON2.5M

Romania’s government has raised the advertising budget for the sale of railway freight carrier CFR Marfa to RON2.55 million from a previous RON50,000, hoping to attract a large number of pro...

Oana Gavrila · 23.04.2013 · 17:07 · 1 min
Insurance Pool PAID Switches To Loss After 82% Drop In Underwritings Last Year
Banks-Insurance

Insurance Pool PAID Switches To Loss After 82% Drop In Underwritings Last Year

Romania’s Pool of Insurance against Natural Disasters (PAID), which issued mandatory home insurance policies, underwrote premiums of nearly RON6.5 million in 2012, down 82% on the year, and...

Oana Gavrila · 23.04.2013 · 16:42 · 1 min
Bostina si Asociatii 2012 Revenues Halve To EUR16.98M
Companies

Bostina si Asociatii 2012 Revenues Halve To EUR16.98M

Romanian law firm Bostina si Asociatii said Tuesday its revenues from legal services in Romania and abroad halved on the year to EUR16.98 million in 2012.

Ioana Tudor · 23.04.2013 · 14:11 · 1 min
Mega Image Opens Supermarket Wednesday In Mogosoaia
Retail&Consumer

Mega Image Opens Supermarket Wednesday In Mogosoaia

Retailer Mega Image, part of Belgian group Delhaize, will open Wednesday a supermarket in Mogosoaia, near capital Bucharest, reaching a countrywide network of 216 stores.

Oana Gavrila · 23.04.2013 · 13:17 · 1 min
EU Partially Resumes Payments Through Romanian Regional Operational Program
Social/Politics

EU Partially Resumes Payments Through Romanian Regional Operational Program

The European Commission decided to resume payments for four axes of the Romanian pre-suspended regional operational program POR, the Romanian Ministry for European Funds said Tuesday.

Ioana Tudor · 23.04.2013 · 12:31 · 1 min
Neuhaus Plans To Expand Store Network After Beating Sales Target
Companies

Neuhaus Plans To Expand Store Network After Beating Sales Target

Neuhaus Romania, the franchise of one of the most expensive chocolate brands in the world, wants to open two more stores in Bucharest this year. Its store in Baneasa Shopping City (north of...

Oana Gavrila · 23.04.2013 · 00:00 · 2 min
Tarom 1Q Loss Narrows By 24% To RON49M
Companies

Tarom 1Q Loss Narrows By 24% To RON49M

Romanian state-owned airliner Tarom reported a loss of 49 million lei (EUR1.1 million) in the first quarter of the year, 24% narrower than in the first quarter of 2012 and lower than the RON...

Oana Gavrila · 22.04.2013 · 14:40 · 1 min