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Boc Confident Romania Will Find In Six Months Investors To Replace Nokia
Technology &Telecoms

Boc Confident Romania Will Find In Six Months Investors To Replace Nokia

Romania’s Prime Minister Emil Boc said Friday he is confident that, in the next six months, the Government will attract companies to continue investments in Cluj after the closing of Nokia's...

Ioana Tudor · 30.09.2011 · 11:44 · 1 min
Companies

How The Three Most Dynamic Companies Rewarded By ZF In 2010 Fared Last Year

Ziarul Financiar is set to launch the “Romanian business champions” event series, presenting awards to the most dynamic Romanian-held companies for the third consecutive year.

Mirabela Tiron · 30.09.2011 · 00:00 · 2 min
Banks-Insurance

EBRD Lends RON33M To Romania’s City Of Medias For Infrastructure Upgrades

The European Bank for Reconstruction and Development will extend a 33 million lei (EUR7.85 million) loan to Romanian central city of Medias to finance urban infrastructure upgrades, the bank...

Florentina Dragu · 29.09.2011 · 12:58 · 1 min
Franklin Templeton’s Achievements After One Year At Proprietatea Fund
Capital Market

Franklin Templeton’s Achievements After One Year At Proprietatea Fund

After the first year as manager of investment fund Fondul Proprietatea (FP.RO), Franklin Templeton can drink only half the champagne glass: the fund is listed, but the share price is below e...

Roxana Pricop · 29.09.2011 · 00:00 · 3 min
ArcelorMittal Galati Could Boost Sales By EUR500M Following EUR80M Investment
Companies

ArcelorMittal Galati Could Boost Sales By EUR500M Following EUR80M Investment

ArcelorMittal Galati, the largest steel plant in Romania, controlled by Indian billionaire Lakshmi Mittal, will complete a EUR80 million investment in upgrading a furnace next month, which w...

Adrian Cojocar · 29.09.2011 · 00:00 · 2 min
INS: Romanian Executives Expect Growth In Industry, Retail; Decline In Constructions
Macroeconomics

INS: Romanian Executives Expect Growth In Industry, Retail; Decline In Constructions

Romanian managers expect moderate growth in industry and retail, relative stability in services and moderate decrease in construction between September and November 2011, the statistics inst...

Andrei Cîrchelan · 28.09.2011 · 10:09 · 1 min
Entrepreneurs Believe BNR Will Cut Key Rate This Time
Banks-Insurance

Entrepreneurs Believe BNR Will Cut Key Rate This Time

Businesspeople continue to expect a signal from the central bank (BNR) to boost the economy by encouraging lending, after a year and a half during which the key rate has been frozen at 6.25%...

Loredana Frățilă-Cristescu · 28.09.2011 · 00:00 · 2 min
Companies

Megaprofil Boosts Exports 30% And Hopes For Almost EUR30M Sales

Construction materials producer Megaprofil, controlled by Belgian group Joris Ide, boosted its exports by around 30% in the first nine months of the year, while its overall sales managed to...

Andreea Neferu · 28.09.2011 · 00:00 · 1 min
IKEA Wins Sales Per Sqm Battle With Mobexpert And kika
Companies

IKEA Wins Sales Per Sqm Battle With Mobexpert And kika

The IKEA store in Baneasa saw monthly sales of EUR300 per square meter last year, almost four times more than the sales of the largest store of the Mobexpert group in Pipera and six times mo...

Ioana David · 27.09.2011 · 00:00 · 1 min