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Automobile Dacia has started to distribute dividends for the fiscal year 2009, as decided in the General Shareholders Meeting.
Even after the failure of the no-confidence the worst is still ahead, and the political and economical refinement of Romania is what the current political leaders should focus on, said Andreea...
PricewaterhouseCoopers Romania highlighted as early as end-2009 that certain tax adjustments are required in Romania for the economy to be re-launched.
Romanian companies will still suffer from recession-induced blue period in 2010, as local managers have becoming more pessimistic about the prospects of an economic recovery. Around two thirds of...
Orange Romania, the largest telecom carrier in Romania, said it would launch the new iPhone 4 in Romania within just a few weeks, Dorin Odatiu, marketing director of the company, said at an event...
The enforcement of renewable energy law would stimulate investments in biogas production, a less known renewable energy source that will in turn encourage development of agricultural sector, said...
The Senate approved Wednesday a draft on the €395 million credit facility from the European Investment Bank for the construction of a new metro line between Universitate – Drumul Taberei.
Foreign direct investments in Romania narrowed 36.8% in the fourth-month period into 2010 from the same period of last year to €1.135 billion, the current account deficit being 55.1% covered...
French-based insurer Groupama will break even in 2011, and return to profit as late as in 2012, said the chief executive of Groupama Insurances, Denis Rousset.
General insurance company Chartis Romania, former AIG Romania, has subleased 350-sqm office space it occupied in Victoria Center, located on Calea Victoriei to Lina & Guia, lead adviser in the...
Fast-food group McDonald’s said it plans to invest a further €117 million in the expansion of its restaurant chain in Romania in 2010 and 2011.
Check Point, global internet security solutions provider, said it acquired privately-held data security company Liquid Machines.
Ikano Eastern Europe Equities Pool fund held by Ikano group owned by Ingvar Kamprad, founder of Ikea capped its holding in SIF Moldova to 0.99% from 1.09%.
The National Bank of Romania set a reference rate of 4.2254 lei against euro down 0.16% from yesterday when it touched this year’s high.
Lafarge Cement (Romania), the local subsidiary of the world’s largest cement manufacturer said it invested €1 million in a new ash storage and rail and truck unloading system.