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Record Car Production And Exports In January
Companies

Record Car Production And Exports In January

Car production in Romania reached an all-time high for January, almost 35,000 units, up 35% on the same month of 2012, according to the statistics of the Association of Automotive Manufactur...

Oana Gavrila · 19.02.2013 · 08:52 · 1 min
Aurel Koeber: Insolvency Law Favors Debtors Over Creditors
Companies

Aurel Koeber: Insolvency Law Favors Debtors Over Creditors

Aurel Koeber, Piatra-Neamt-based businessman who controls Koeber, one of the largest players on the Romanian varnish and paint market, says one of the biggest challenges in his sector is ins...

Manuela Panescu · 19.02.2013 · 00:00 · 1 min
Diaconescu, Asirom: We Will See New Players On The Insurance Market In Coming Years
Banks-Insurance

Diaconescu, Asirom: We Will See New Players On The Insurance Market In Coming Years

Mariana Diaconescu, president of insurer Asirom’s directorate, expects tighter competition on the insurance market in the coming years, with several new companies expected to appear on the m...

Manuela Panescu · 19.02.2013 · 00:00 · 3 min
Dan Diaconescu To Take Part In CFR Marfa Sale
Automotive

Dan Diaconescu To Take Part In CFR Marfa Sale

Politician and TV station owner Dan Diaconescu said Monday he will take part in the auction to buy state-owned freight railway carrier CFR Marfa, mentioning he will not disclose whether “on...

Manuela Panescu · 18.02.2013 · 19:13 · 1 min
Minister: Over Ten Investors Interested In Posta Romana Privatization
Companies

Minister: Over Ten Investors Interested In Posta Romana Privatization

Over ten companies sent non-binding letters of interest for the privatization of Romanian postal company Posta Romana, a process that is expected to be completed in June, Communications Mini...

Manuela Panescu · 18.02.2013 · 14:33 · 1 min
Amway Romania Sees Slight Growth In Sales This Year, To $23M
Retail&Consumer

Amway Romania Sees Slight Growth In Sales This Year, To $23M

Direct sales company Amway Romania expects a slight growth in sales this year, to USD23 million, driven by the planned new product launches.

Oana Gavrila · 18.02.2013 · 11:30 · 1 min
Volvo Trucks: Fleet Renewals To Lead To 30% Growth In Truck Sales
Companies

Volvo Trucks: Fleet Renewals To Lead To 30% Growth In Truck Sales

Sales of trucks over 18 tons mainly used in long-haul freight transportation will go up to more than 3,561 units (the sales of 2011) this year, Volvo Group officials estimate.

Oana Gavrila · 18.02.2013 · 08:03 · 1 min
NEPI Signs Lakeview Acquisition, First Major Deal On Office Market This Year
Real Estate

NEPI Signs Lakeview Acquisition, First Major Deal On Office Market This Year

South—African investment fund NEPI (NEP.RO) on Thursday signed the contract to buy The Lakeview office building in Bucharest, sources close to the transaction told Ziarul Financiar.

Oana Gavrila · 18.02.2013 · 00:00 · 1 min
Oil, Cigarettes And Central Bank Generate 15% Of Romania’s Budget
Analysis

Oil, Cigarettes And Central Bank Generate 15% Of Romania’s Budget

Romgaz and BNR (Romania’s central bank) are the only Romanian entities among the ten largest taxpayers in this country.

Oana Gavrila · 18.02.2013 · 00:00 · 3 min