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Energy Monopoly Tax To Be Lower Than Initially Intended
Enel, E.ON, CEZ and Electrica will pay a lower amount according to the final version of the tax on monopoly they have on Romanian energy distribution networks than ZF calculated based on the...
Mega Image In Talks To Buy 20 Stores In Brasov
Retailer Mega Image, which operates the supermarkets by the same name and the Shop & Go convenience stores in Romania, is in talks to buy the 20-store retail chain Luca in Brasov (center of...
Takko Plans 10 Openings In 2013 For A Network Of 70 Stores
Fashion retailer Takko, which arrived in Romania in 2007, will open ten stores next year, for a total of over 70 throughout the entire country. The German-held company is thus continuing to...
Orange Romania Launches 4G Network
Mobile operator Orange Romania has launched Wednesday its Long Term Evolution (LTE) network, which will enable customers to transfer data at speeds of up to 75 Mbps.
SNR Invested EUR100M In Own National Networks, Still Needs EUR22M For Shift To DTT
Romania’s National Radiocommunications Company (SNR- Radiocom) has invested over EUR100 million to set up its own national networks, but it still needs EUR20-EUR22 million for upgrades allow...
Mega Image Doubles Network, Heads Towards EUR500M Sales
Retailer Mega Image could end the year with about EUR500 million in sales and a network of 194 stores, almost double the number at the end of 2011, after the most aggressive expansion campai...
RCS&RDS Stands Up To Major Cell Phone Operators
Orange, Vodafone and Cosmote, the largest cell phone operators in Romania, are asking the government to preserve unjustified revenue when asking for as slow a reduction of interconnection ch...
Profi Extends Romania Network To 140 Units
Romanian retailer Profi, held by private equity firm Enterprise Investors, has opened a new store Wednesday in Braila and will open a new unit Thursday in Focsani, bringing its local network...
Vodafone CEO: Growth In Romania Will Be On Data
Mobile internet services through 3G and LTE (4G) technologies will over the next few years be the growth drivers for the Romanian telecom market, as they are currently used by only 15 out of...