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Energy

Copper Miner Cupru Min Up For Sale For RON200M - Sources

Romanian state-run copper producer Cupru Min Abrud will be auctioned off next week at a starting price of around 200 million lei (EUR46.3 million), people at the Economy Ministry said Friday...

Florentina Dragu · 07.10.2011 · 14:54 · 1 min
The Story Of The Largest Builder In Banat, Who Competes Against Asphalt Kings
Companies

The Story Of The Largest Builder In Banat, Who Competes Against Asphalt Kings

He does not have highway construction contracts, does not post margins of more than 5-10%, and works mainly in the Banat area (western Romania). Yet last year his business became the second-...

Andreea Neferu · 07.10.2011 · 00:00 · 3 min
Herbalife Boasts 30% Hike In First Half Revenue, As Romanians Warm Up To Direct Sales
Companies

Herbalife Boasts 30% Hike In First Half Revenue, As Romanians Warm Up To Direct Sales

The revenue achieved in Romania by direct sales company Herbalife rose some 30% in the first half of this year, says Edyta Kurek, East Central Europe & Middle East vice-president of Herbalif...

CătăIina Apostoiu · 07.10.2011 · 00:00 · 1 min
Banks-Insurance

Romanian Impuls Leasing Financed Contracts Worth EUR52M In 1H

Romanian leasing firm Impuls Leasing financed contracts worth over EUR52 million in the first six months of 2011 and expects to end the year among the top players on the local market.

Radu Bostan · 06.10.2011 · 18:04 · 1 min
HR

Steel Maker ArcelorMittal Galati Appoints New GM

Romanian steel processor ArcelorMittal Galati on Wednesday said it has appointed Eric Remisz as general manager, replacing Thierry Le Gall, who moved to a position within the Flat Carbon Eur...

Andrei Cîrchelan · 05.10.2011 · 15:32 · 1 min
Banks Should Focus More On Corporate Lending - BNR Deputy Gov
Banks-Insurance

Banks Should Focus More On Corporate Lending - BNR Deputy Gov

Romanian banks might have to shift focus from retail to corporate in order to balance out lending slowdown and grow their business, central bank’s deputy governor Cristian Popa said Wednesda...

Florentina Dragu · 05.10.2011 · 14:19 · 1 min
Questiaux To Step Down From Helm Of Lafarge Romania After 9 Years
HR

Questiaux To Step Down From Helm Of Lafarge Romania After 9 Years

Philippe Questiaux, president and general manager of Lafarge Ciment Romania, the local subsidiary of French construction materials manufacturer Lafarge, will end his term next year and is se...

Andreea Neferu · 05.10.2011 · 00:00 · 2 min
U.S. Irrigation Systems Giant Toro Opens Plant In Romania With Russia And Ukraine In Mind
Companies

U.S. Irrigation Systems Giant Toro Opens Plant In Romania With Russia And Ukraine In Mind

U.S. irrigation systems maker Toro, with $1.7 billion in sales worldwide, starts manufacturing of irrigation systems in its factory in Ploiesti on Wednesday. The company has exports to Ukrai...

Gabriel Razi · 05.10.2011 · 00:00 · 1 min
Architecture Market Still Underperforms
Real Estate

Architecture Market Still Underperforms

The architecture and design market had its glory days between 2006 and 2008, simultaneously with the construction segment, and will not return to similar values in less than five years’ time...

Ioan Dornescu - Mediafax · 05.10.2011 · 00:00 · 3 min