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Volksbank Dissolves Asset Management Unit
Volksbank Romania will dissolve its asset management unit Volksbank Services, operating on the non-banking sector, according to a decision published on the Official Gazette.
Hornbach Opens Store In Sibiu, Reaches 6 Romanian Units
German-held do-it-yourself retailer Hornbach, will open in the fall a new store in Sibiu, central Romania, its 6th unit on the local market and already targets several locations for its 7th...
Eugen Radulescu Named As Head Of Central Bank’s Financial Stability Unit
Eugen Radulescu stepped in as manager of the financial stability unit of the country’s central bank BNR, replacing Ion Dragulin who retired.
Japanese Panasonic May Build Switching Devices Plant In Romania
Japanese electronics producer Panasonic targets the 1st position on the Romanian market of switching devices evaluated at EUR10 million, and aims to build a production unit on the local mark...
Starbucks To Open Tenth Coffee Shop In Romania
U.S. coffee shop chain Starbucks will open Thursday its first coffee shop in Constanta, in Maritimo Shopping Center, reaching a ten-unit network in Romania, the company said.
Prospectiuni Wants To Open Unit In Serbia
Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO), controlled by businessman Ovidiu Tender, wants to open a subsidiary in Serbia.
BCR Creates Stand-Alone Unit To Deal With EUR3.2bn In Sour Loans
Romania’s largest bank BCR will have a debt collection unit, staffed by 500 people, operate as standalone company.
Cora Romania Opens EUR47M Hypermarket In Bucharest
Retailer cora Romania opened Tuesday a new shopping center in the capital city Bucharest, following an investment of EUR47 million.
Hornbach Opens 5th Unit Western Romania, A EUR30M Investment
German DIY retail chain Hornbach will open the 5th unit on the Romanian market, in the western town of Timisoara, following a EUR30 million investment, the company said Wednesday.