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COMPANIES

Dacia new car sales in Germany – up by 14.5% in 2018

New car sales in Germany dropped 0.2% last year to 3.44 million vehicles, while Dacia reported an advance of 14.5% to 71,746 vehicles, according to the figures released by the Federal Transportation Authority (KBA). Among the best-performing models in 2018 ...

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Large retailers managed to keep their turnover growth at 12%, double the size of national consumption growth

Large retail chains operating mainly in shopping centers maintained an average growth rate of 12% in 2018, similar to 2017 and double the advance in consumption, which increased by 5.9% during the first ten months of the year, according to ...

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Morphosis Capital holds first closing for Romanian SMEs Growth Capital Fund

Morphosis Capital, a newly established private equity firm focused on growth capital investments in Romanian Small and Medium Enterprises (SMEs), has announced the successful first closing of Morphosis Capital Fund I at EUR45 million. The Fund’s main investor is the ...

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Dacia new car registrations in France – up by 19.1% in 2018

Dacia new car registrations in France increased in 2018 by 19.1% up to 140,326 units, as compared with 117,865 vehicles in 2017, according to the data released by the French Automobile Manufacturers Committee (CCFA). Deliveries of Ford and Daimler groups ...

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Higher fuel prices as of January 1, 2019

Fuel prices will increase as of January 1, 2019. The litre of fuel will cost by RON 0.20 more, resulting in costs by RON 10 higher for a 50 litres full tank. The increases are the consequence of increased excise ...

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Last attempt: Coalition for Romania’s Development sends letter to PM Dancila, asks her not to sign ordinance on fiscal changes

The Coalition for Romania’s Development (CDR), representative for the business environment, have sent a letter to Prime Minister Viorica Dancila, a last attempt to stop the adoption of an emergency ordinance on fiscal amendments, recently announced by Finance Minister Eugen ...

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Fondul Proprietatea condemns the lack of transparency in the appointment made to the board of Portul Constanta

Fondul Proprietatea has announced that it is very disappointed with the decisions taken at the latest ordinary General Shareholders Meeting (“GSM”) at C.N. Administratia Porturilor Maritime S.A. Constanta (“Portul Constanta”/ “APM”), held on 17 December 2018, regarding the appointment of ...

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WDP to develop new project for Carrefour worth EUR 40 M

Carrefour has once again opted for WDP as its real estate partner for two new WDP sites in Romania (namely in Deva and in Brazi), totalling a surface of around 80,000 sqm. Both development projects represent an investment volume of ...

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IMMOFINANZ sells one of its main plots of land in Bucharest

IMMOFINANZ has sold a large area of land in Bucharest, the real estate investor has just announced. More precisely, it sold the former Ventilatorul industrial platform, stretching on an area of 53,000sqm to One United Properties. „We are focused on ...

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