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Posta Romana Redundant Employees To Get Support In Finding New Jobs
Social/Politics

Posta Romana Redundant Employees To Get Support In Finding New Jobs

Romania’s Communications Ministry and the National Employment Agency, or ANOFM, have teamed up to establish measures aimed to support the 511 employees of state-run postal company Posta Roma...

Ecaterina Craciun · 23.03.2012 · 13:20 · 1 min
Swiss Ameropa Completes Takeover Of Azomures
Capital Market

Swiss Ameropa Completes Takeover Of Azomures

Swiss grain trader Ameropa Holding AG, through its Pelican Fertilizer units, has completed the acquisition of Romanian fertilizer producer Azomures (AZO.RO).

Florentina Dragu · 21.03.2012 · 17:47 · 1 min
Banks-Insurance

EBRD Invests EUR15.5M In Water Infrastructure In Romania’s Timis County

The European Bank for Reconstruction and Development Wednesday said it has extended a EUR15.5 million loan to Aquatim water utility company to improve water services in Timis county, western...

Florentina Dragu · 21.03.2012 · 16:11 · 1 min
Reff & Asociatii Assisted Transactions Worth EUR1B In 2011
Companies

Reff & Asociatii Assisted Transactions Worth EUR1B In 2011

Romanian law firm Reff si Asociatii assisted clients in transactions worth a total EUR1 billion last year, the company said Wednesday in a news release.

Andrei Cîrchelan · 21.03.2012 · 14:49 · 1 min
Top Ten Law Firms Made EUR79.6M In Revenue In 2011
Companies

Top Ten Law Firms Made EUR79.6M In Revenue In 2011

Seven of the largest law firms on the local market posted revenue growth last year, as a result of a slight improvement of the business environment and of the increase in revenue they made f...

Radu Bostan · 21.03.2012 · 00:00 · 4 min
Astaldi Won Contracts Worth EUR700 Million In Romania Last Year
Companies

Astaldi Won Contracts Worth EUR700 Million In Romania Last Year

Italian construction company Astaldi, which built the Basarab Overpass and the National Arena stadium in Bucharest, won contracts worth a total of EUR702 milion last year. The contracts were...

Radu Bostan · 21.03.2012 · 00:00 · 2 min
EBRD: Romania Made Little Progress In Involving Private Sector In Infrastructure Projects
Banks-Insurance

EBRD: Romania Made Little Progress In Involving Private Sector In Infrastructure Projects

Romania has made little progress in involving the private sector in public-private partnership (PPP) or concession projects targeting road infrastructure, the European Bank for Reconstructio...

Ioana Tudor · 20.03.2012 · 17:25 · 1 min
Companies

Bostina & Asociatii Spins Off Fiscal Consultancy Arm

Romanian law firm Bostina & Asociatii on Tuesday announced it will give up its fiscal consultancy and audit unit, with a plan to focus on advocacy.

Andrei Cîrchelan · 20.03.2012 · 12:14 · 1 min
TNT’s Acquisition By UPS Could Create Largest Courier Company In Romania
Companies

TNT’s Acquisition By UPS Could Create Largest Courier Company In Romania

U.S.-held United Parcel Service (UPS) will take over Dutch group TNT, with all its global operations, for EUR5.2 billion, the companies announced Monday.

Mihaita Tiron · 20.03.2012 · 00:00 · 3 min