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Auchan Has Big Plans For Small Store Segment In Romania
The small format segment – supermarkets and modern convenience stores, numbers about 1,600 stores in Romania with EUR2.5 billion annual sales, dominated by Profi, Mega Image and Carrefour, b...
Owners Of Zenith In Mamaia Plan To Build Extended Stay Hotel Next To It
The owners of the four-star Zenith-Top Country Line – Conference & Spa Hotel (formerly Golden Tulip and Fantasy Beach) in the north of the Mamaia resort, one of the biggest on the Romanian s...
UPC Romania Plans To Continue Network Expansion At The Same Pace
UPC Romania, the second leading cable TV operator and third leading fixed Internet provider in this country, plans to continue expanding its fixed network at the same pace of 250,000 to 300,...
AROBS Cluj Owner: We Have EUR3M For Acquisitions In IT Sector
Software solutions provider AROBS Transilvania of Cluj entrepreneur Voicu Oprean is interested in buying Romanian-held companies specializing in sales force automation, car fleet monitoring...
OMV: No Intention To Sell Assets In Romania
Rainer Seele, chief executive officer of OMV and chairman of the supervisory board of OMV Petrom had his first meeting with the Romanian media on Tuesday to present the plans of the Austrian...
UniCredit: We Want One Million New Customers In Five Years
UniCredit/Bank Austria group set a strategic goal to attract one million new customers in Romania in the next five years and will allocate capital and resources as needed to attain it.
Romania Plans To Raise RON3.5B In State Paper Sales In September
Romania's finance ministry plans to raise at least RON3.5 billion (EUR790 million) in state paper auctions in September, higher than RON2.3 billion in August.
Romania Plans To Sell RON2.8B In State Treasuries In June
Romania’s Finance Ministry plans to raise 2.8 billion lei (EUR635 million) at treasury auctions in June, up from RON2.1 billion in the previous month.
ANRE Clears EUR1.2B Development Plan For Transelectrica
Romania’s energy regulator ANRE has approved a plan aimed at developing the energy transport network of state-owned power grid operator Transelectrica (TEL.RO) between 2014 and 2023, which e...