OPERATIONS
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Dana Constantinescu Runs GSK Romania Operations
Pharmaceutical group GSK, present on the Romanian market through the import, production and distribution of medical drugs, has put Dana Constantinescu in charge of its Romanian operations.
Alexandrion Group Buys Halewood’s Romanian Operations
Alexandrion Group, the largest spirits producer on the Romanian market, has acquired the Romanian operations of Halewood, one of the leading players on the wine market, according to ZF sourc...
Investors Can Carry Out New Operations On Bucharest Stock Exchange As Of August
Bucharest Stock Exchange and Central Depository have announced the possibility to carry out lending and borrowing operations, short selling and buying on margin operations starting August 2,...
Visa Card Operations In Romania Up 13% To EUR24B In 2015
Card operations using bank cards issued by Visa increased by 13% in the fiscal year ended September 2015, to EUR24 billion, while card payments to merchants rose 20% given a 22% increase in...
Premier Capital Pays $65M For McDonald's Romania Operations
Malta-based company Premier Capital will pay $65.33 million for the acquisition of McDonald’s Romania operations, in a transaction that includes all the 67 McDonald’s restaurants, the 19 McC...
Romanian Adrian Pascu To Run Danone Operations In South-East Europe
Romanian Adrian Pascu will take over as general manager of Danone in South-Eastern Europe, replacing Dieter Schulz whose three-year term ended.
Nuclearelectrica Operations Unaffected By Decrease of Danube River Level
The operations of nuclear power producer Nuclearelectrica (SNN.RO) will not be impacted by the decrease of the level of the Danube river this summer, and the two reactors of nuclear power pl...
Piraeus Bank: Capital Controls Don't Apply To Romanian Subsidiary
Greek-owned lender Piraeus Bank announced Monday capital controls imposed on Greek banks do not apply to the Romanian subsidiary, nor are its operations limited in any way.
Petroceltic International Sells Romanian Operations To GVC Investment
Oil company Petroceltic International sold its assets in Romania, through which it held operating licenses for two blocks in the Black Sea, to company GVC Investment.