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Five Lenders Account For 70% Of Total Number Of Bank Branches In Romania
Banks-Insurance

Five Lenders Account For 70% Of Total Number Of Bank Branches In Romania

The five largest banks in Romania by territorial networks account for about 70% of the total offices and branches in the system.

Loredana Frățilă-Cristescu · 07.06.2016 · 00:00 · 1 min
Vodafone Romania Announces Major Network Investments In 2016
Technology &Telecoms

Vodafone Romania Announces Major Network Investments In 2016

Vodafone Romania, the second largest player on the local mobile telephony market, will have a “massive” budget for network investments in 2016, the company’s Chief Executive Officer Ravinder...

Ecaterina Craciun · 23.05.2016 · 15:30 · 1 min
Analysis

Romania Plans To Export Black Sea Gas While 2/3 Of Households Not Connected To Gas Network

While the authorities are already working on export routes for the Black Sea natural gas, two in three homes in Romania use propane tanks or wood for heating and cooking.

Loredana Frățilă-Cristescu · 11.01.2016 · 00:00 · 1 min
Mega Image Opens 5 New Stores Wednesday, Ends 2015 With 471 Units
Retail&Consumer

Mega Image Opens 5 New Stores Wednesday, Ends 2015 With 471 Units

Supermarket chain Mega Image will end 2015 with a total 471 stores, after it will have opened five new units on Wednesday, December 30, in capital Bucharest.

Ecaterina Craciun · 29.12.2015 · 12:43 · 1 min
Regina Maria Readying More Than EUR6M For Investments In 2016
Health

Regina Maria Readying More Than EUR6M For Investments In 2016

Private healthcare service network Regina Maria has at least EUR6 million set aside for new investments 2016, which will go towards either expansion of existing facilities or buying smaller...

Loredana Frățilă-Cristescu · 30.11.2015 · 11:30 · 2 min
Enel Has EUR630M For Power Distribution Network Investments
Energy

Enel Has EUR630M For Power Distribution Network Investments

Romanians see 4-hour power outages in the three areas covered by Enel, the same as Chileans and six times longer than the Italians in the areas where the Italian utilities group operates. Po...

Loredana Frățilă-Cristescu · 19.11.2015 · 11:00 · 2 min
Ten Largest Lenders In Romania Own Three Quarters Of ATMs In The Country
Banks-Insurance

Ten Largest Lenders In Romania Own Three Quarters Of ATMs In The Country

BCR, BRD and CEC Bank are the top three banks in Romania by size of ATM networks, accounting for 40% of the total number of such machines in the country.

Loredana Frățilă-Cristescu · 04.11.2015 · 00:00 · 1 min
Secosan, Romelectro: We Want To Make Network Of Romanian Energy Sector Suppliers Stronger
Energy

Secosan, Romelectro: We Want To Make Network Of Romanian Energy Sector Suppliers Stronger

Cristian Secosan, who took the position of general manager of Romelectro, one of the largest contractors for energy projects in Romania, this fall, says he would like to concentrate a number...

Loredana Frățilă-Cristescu · 03.11.2015 · 10:27 · 1 min
Profi Opens Three New Stores, Reaches 350-Unit Network
Retail&Consumer

Profi Opens Three New Stores, Reaches 350-Unit Network

Supermarket chain Profi opened three new stores, in Beclean - Bistrita-Nasaud, Bacau and Oradea, reaching a network of 350 units in 164 Romanian localities.

Gabriela Stan · 22.10.2015 · 17:38 · 1 min