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2012's Top Ten Events In Energy Sector
Energy · 2012 in review

2012's Top Ten Events In Energy Sector

Hidroelectrica's insolvency was the most important item on the list of state-run energy sector "achievements" in 2012, while the major energy projects are yet to materialize as no one was in...

Loredana Frățilă-Cristescu · 31.12.2012 · 00:00 · 7 min
Dragos Dinu, Domo: I Like Retail And Have A Tremendous Affinity For Local Brands
Retail&Consumer

Dragos Dinu, Domo: I Like Retail And Have A Tremendous Affinity For Local Brands

Dragos Dinu, recruited by electronics, home appliances and computer retailer Domo for its board of directors, says he accepted the proposal he got from chief executive Lorand Szarvadi becaus...

Manuela Panescu · 31.12.2012 · 00:00 · 1 min
What New Hotels Opened In Bucharest In 2012
Companies

What New Hotels Opened In Bucharest In 2012

Three new hotels opened this year in Romania, following overall investments of more than EUR33 million over several years.

Daniela Stoican · 31.12.2012 · 00:00 · 1 min
Lidl, Penny Market May Post EUR1B Sales In 2012
Retail&Consumer

Lidl, Penny Market May Post EUR1B Sales In 2012

Discount retail chains Lidl and Penny Market could reach sales of around EUR1 billion this year, after they opened 40 new stores in 2012 compared with cumulated turnovers of a little over EU...

Manuela Panescu · 31.12.2012 · 00:00 · 2 min
Transport Minister: Good Management May Turn CFR Marfa Profitable
Companies

Transport Minister: Good Management May Turn CFR Marfa Profitable

Romanian state-run freight rail company CFR Marfa may become profitable “by putting an end to thefts and through a good management,” Transport Minister Relu Fenechiu told a news conference S...

Manuela Panescu · 30.12.2012 · 16:12 · 1 min
Companies

Five Romanian Female Entrepreneurs Conquer The West

Foreign companies have flooded the Romanian market with more or less known brands. While thousands of them are vying over customer attention in Romania, the number of local brands known in t...

Tudor Ioana Raluca · 29.12.2012 · 00:00 · 4 min
2012’s Top 10 Events In Agribusiness
Retail&Consumer · 2012 in review

2012’s Top 10 Events In Agribusiness

2012 was one of the most exciting years for the investors in the agribusiness sector, with the drought messing up all estimations from the start of the year, which were nevertheless counterb...

Manuela Panescu · 28.12.2012 · 16:20 · 4 min
Romania’s Central Bank Sets Stricter Foreign-Currency Lending Rules
Banks-Insurance

Romania’s Central Bank Sets Stricter Foreign-Currency Lending Rules

Romanian banks will provide corporate loans in foreign currency only after carrying out default risk simulations to take into account a severe depreciation of the leu against the main curren...

Ioana Tudor · 28.12.2012 · 16:06 · 1 min
Banks-Insurance

Voluntari CityHall To Take RON70M Loan To Co-Finance Projects Funded Via ROP

Romania's town hall of Voluntari, Ilfov county, aims to take a 70 million lei (EUR15.83 million) loan on a ten-year period, for projects co-financed via the Regional Operational Program (ROP...

Manuela Panescu · 28.12.2012 · 13:00 · 1 min