News 21 July 2008


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    20:40, 20.07.2008 Romania Eyes Selling Large Cos In a08-...

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    BUCHAREST / 20:40, 20.07.2008 Romaniaa€™s privatization authority AVAS plans to put up for sale this year large companies in which it holds majority stakes, AVAS head Teodor Atanasiu said Sunday. A  Referring to large companies pending... (0 views)

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    20:14, 20.07.2008 Romaniaas AVAS Head Comments On Airplane...

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    BUCHAREST / 20:14, 20.07.2008 Czech AERO Vodochody, which own the auction for the sale of the majority stake in Romaniaa€™s aircraft maker Avioane Craiova, will produce parts and equipment for different types of aircrafts at the plant in Craiova,... (0 views)

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    14:28, 20.07.2008 Romania Celebrates National Aviation Day

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    BUCHAREST / 14:28, 20.07.2008 Romania celebrated Sunday the National Aviation Day and the National Air Force Day with an elaborate flypast by ten MIG 21 Lancer fighter aircrafts and five IAR 330 helicopters originating from the Campia Turzii... (0 views)

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    How a former business journalist sold a 64m-euro business -...

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    Former banker Doru Lionachescu and his associates have sold 51% of Capital Partners, the largest local investment brokerage firm, for 32 million euros to Greek-based Piraeus Bank. The deal also includes a subsequent option to purchase the rest of... (0 views)

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    Domo revises turnover estimates downwards - Azi

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    Lorand Szarvadi, the chief executive of electronics and home appliances retail network Domo, taken over by investment fund Equest Investment Balkans (EIB) last year, has revised 2008 turnover estimates downwards, as a result of the slower... (0 views)

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    Matache Macelaru" boosts Principal - Azi

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    Prahova-based charcuterie producer Principal Company has doubled its turnover in the first six months of the year to 50 million RON (13.8 million euros), as a result of the increase in sales driven by the campaign to promote the Matache... (0 views)

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    Stanton Chase: A CFO won"t go for less than 3,000 euros -...

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    BNP Paribas Lease to grant 10m-euro funding - Azi

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    BNP Paribas Lease, the newest player on the leasing market, part of the French giant BNP Paribas, estimates it will grant 10 million euros in funding by the end of the year. The company will soon begin operations and will only work with corporate... (0 views)

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    Nokia hiring 15 - 100 people each week - Azi

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    According to John Guerry, managing director of the Nokia plant in Jucu, the Finnish mobile phone producer intends to expand the range of phones produced in Cluj, however the employees still have to receive training to assemble the latest generation... (0 views)

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    Continental: We are 27% short of personnel - Azi

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    Businessman Radu Enache (photo), who controls the Continental hotel chain, says the fluctuation of personnel has increased four times since 2005 and reached 27%, with the biggest shortage being recorded in positions lower than middle management.... (0 views)

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    After Muntenia Sud, Enel targets gas company - Azi

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    Italian-based Enel, the new owner of Electrica Muntenia Sud, the most valuable electricity company on the local market, is interested in the acquisition of a natural gas company, to provide clients with a full range of utility services. The Italians... (0 views)

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    Holcim: Construction materials market still booming - Azi

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    Holcim Romania, the local subsidiary of the Swiss group Holcim, posted a 20% sales increase in the first half of the year, against the same time last year, above the 10-15% growth rate forecast in early 2008, as consumption of construction materials... (0 views)

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    Antibiotice gains ground on cardiovascular segment - Azi

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    Antibiotice, one of the leading local drug producers, saw 10 million RON (3 million euros) in sales on the cardiovascular drugs segment in 2007, up 67% on 2006. The cardiovascular segment was the company"s best performing amid a 4% decline for... (0 views)

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    Unirea Medical Centre reports 5.45m-euro turnover - Azi

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    Centrul Medical Unirea (Unirea Medical Centre - CMU), one of the leading players on the private medical services market, posted turnover worth 20 million RON (5.45 million euros) in the first six months of the year, up 74% against the 11.5 million... (0 views)

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    The European institutions" reports on finance management to...

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