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Romanian Entrepreneur Makes EUR125m From Grain Trade
Companies

Romanian Entrepreneur Makes EUR125m From Grain Trade

Brise Group SRL, a company based in Constanta (SE Romania) and held by Catalin Bucur, emerged as the largest grain trader owned by a Romanian entrepreneur last year. It posted EUR125 million...

Radu Bostan · 26.06.2012 · 00:00 · 2 min
Former Orange Romania CEO Appointed To Board Of International Personal Finance
HR

Former Orange Romania CEO Appointed To Board Of International Personal Finance

Former Orange Romania CEO Richard Moat has been appointed to the board of International Personal Finance, the parent company of Provident Financial Romania, as a non-executive director.

Radu Bostan · 25.06.2012 · 17:29 · 1 min
Ameropa Raises Stake In Azomures To 96.4%
Capital Market

Ameropa Raises Stake In Azomures To 96.4%

Swiss grain trader Ameropa Holding AG has increased its stake in Romanian fertilizer producer Azomures (AZO.RO) to 96.43% from roughly 76%, following a buyout offer to shareholders, accordin...

Florentina Dragu · 25.06.2012 · 16:50 · 1 min
Bostina Consulting Group Spins Off Financial Consultancy, Focuses On Legal Services
Companies

Bostina Consulting Group Spins Off Financial Consultancy, Focuses On Legal Services

Romanian Bostina Consulting Group on Monday announced it will discard its units that provide fiscal consultancy and assistance for European Union funding, with a plan to focus on legal assis...

Ecaterina Craciun · 25.06.2012 · 13:51 · 2 min
Ex-Justice Minister Catalin Predoiu Starts Law Firm
Companies

Ex-Justice Minister Catalin Predoiu Starts Law Firm

Catalin Predoiu, lawyer and former Justice Minister, retuned to the business law practice, by launching a new firm

Manuela Panescu · 25.06.2012 · 12:45 · 1 min
EBRD Might Co-Finance UACE Investment In N Romania
Banks-Insurance

EBRD Might Co-Finance UACE Investment In N Romania

The European Bank for Reconstruction and Development, or EBRD, is considering providing financing of up to EUR25 million to aluminum component manufacturer Universal Alloy Corporation Europe...

Ioana Tudor · 25.06.2012 · 10:57 · 1 min
Caussade GM: Agribusiness Profits Attract Investors Like Magnet
Companies

Caussade GM: Agribusiness Profits Attract Investors Like Magnet

The investors who had nothing to do with farming three or four years ago are now rushing to start a business in the sector, attracted by the high prices of agricultural raw materials that ge...

Gabriel Razi · 25.06.2012 · 00:00 · 2 min
ArcelorMittal Galati Struggling To Sell As Much As It Used To In 2008
Companies

ArcelorMittal Galati Struggling To Sell As Much As It Used To In 2008

The management of the largest plant in Romania, ArcelorMittal Galati, whose annual revenue stands at about EUR1 billion, said it needs to make steady efforts to sell less than half of the pr...

Adrian Cojocar · 25.06.2012 · 00:00 · 2 min
Romania To Extend By One Year Deadline To List Key State Companies
Capital Market

Romania To Extend By One Year Deadline To List Key State Companies

Romania’s government extends by one year, until December 31, 2013, a deadline to list minority stakes in several state-owned companies on the Bucharest Stock Exchange and on international ma...

Ioana Tudor · 22.06.2012 · 16:23 · 1 min