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EXPANSION

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Automotive

Audi Supplier Invests EUR5.5M In Production Expansion

German-held car part producer Preh Romania, a supplier for Volkswagen, Audi or BMW, has planned investments of EUR5.5 million for this year to expand production capacity and acquire new equi...

Laurentiu Cotu · 14.07.2011 · 23:00 · 1 min
PayU, Former Gecad ePayment, Taps Into European Online Payment Market
Retail&Consumer

PayU, Former Gecad ePayment, Taps Into European Online Payment Market

Online payment integrator ePayment, which international group PayU bought from businessman Radu Georgescu last year, will enter the Hungarian market in the coming weeks, as part of PayU’s st...

Ștefan Vrabie · 01.07.2011 · 00:00 · 1 min
Power Transformer Producer Retrasib Taps Foreign Markets
Energy

Power Transformer Producer Retrasib Taps Foreign Markets

Power transformer producer Retrasib Sibiu (RTRA.RO), controlled by Cluj-based businessmen Octavian and Calin Buzoianu, is set to focus on signing partnerships and securing contracts on forei...

Adrian Cojocar · 15.06.2011 · 00:00 · 1 min
Austria’s Kapsch Negotiates Acquisition In Romania
Technology &Telecoms

Austria’s Kapsch Negotiates Acquisition In Romania

Austrian group Kapsch, with over EUR0.5 billion in annual turnover, negotiates an “over EUR1 million” acquisition of an IT company in Romania, and plans a major expansion over the next five...

Adrian Seceleanu · 15.06.2011 · 00:00 · 2 min
MOL Romania's New CEO Has Ambitious Expansion Plans
Energy

MOL Romania's New CEO Has Ambitious Expansion Plans

At 30, Kinga Agnes Daradics has taken over the helm of MOL Romania, a business with revenue of EUR560 million which makes it one of the top four oil companies on the local market, becoming t...

Roxana Petrecu · 08.06.2011 · 00:00 · 2 min
UniCredit's Nicastro: We Could Buy The Right Bank
Banks-Insurance

UniCredit's Nicastro: We Could Buy The Right Bank

Italy’s UniCredit group, which controls the seventh domestic bank by assets, UniCredit Tiriac Bank, is opening up on a possible acquisition as an alternative to the classic business expansio...

Razvan Voican · 07.06.2011 · 09:00 · 1 min
“Big Four” Apparel Retailers On Expansion Spree. Others Have To Wait
Retail&Consumer

“Big Four” Apparel Retailers On Expansion Spree. Others Have To Wait

2011 is a year of contrasts on the local apparel retail market, with big names relying heavily on aggressive expansion while small players are waiting for better conditions in 2012.

Cristina Roșca · 06.06.2011 · 14:00 · 3 min
Hilton To Overshoot 1,000-Room Mark In Romania Next Year
Companies

Hilton To Overshoot 1,000-Room Mark In Romania Next Year

From just 272 rooms on the Romanian market until 2009, Hilton hotel chain will go to over 1,000 rooms next year after having affiliated six hotels at the height of the economic downturn.

MediafaxFoto - Mediafax · 30.05.2011 · 02:00 · 1 min
Lidl Set To Build Tens Of New Stores Along With Plus Network Revamping
Retail&Consumer

Lidl Set To Build Tens Of New Stores Along With Plus Network Revamping

Germany's Lidl, which has embarked upon the most aggressive expansion campaign in the Romanian retail market in the past three years, has added all the cities with more than 30,000 inhabitan...

ZF English · 26.05.2011 · 05:00 · 1 min