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BCR fails to suspend EUR 110 mln fine imposed by Romania's competition watchdog in ROBOR case

BCR, part of Austrian financial group Erste, has lost its appeal seeking to suspend payment of the RON 577 million (EUR 110 million) fine imposed by the Competition Council on the country's ten largest banks over alleged manipulation of the interbank money market quotation, with the aim of collecting higher interest on their stock of loans indexed to the ROBOR benchmark.

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New Romania Insider video series: Cristina Bojica on foreign investment in Romania

Romania Insider launches the Romania Insider Legal Series, a new video series produced in partnership with law firm Gruia Dufaut & Asociații. Episode 1 sits down with Cristina Bojica, Partner at the firm, to ask whether Romania is still worth it for foreign investors after FDI fell from €4.9 billion to €1.1 billion, and which legal checks to run before signing.

Romania Insider · 9 Nov · 2 min read

Business

New Romania Insider video series: Ionuț Vasile on Leroy Merlin Romania's supply chain

Romania Insider launches a new multi-part video series taking viewers inside Leroy Merlin Romania, one of the country's fastest-changing retailers. Episode 1 sits down with Ionuț Vasile, Head of Supply Chain, to open the doors on the logistics operation behind 25 stores, 3.7 billion lei in turnover, and a brand-new 48,500 sqm distribution centre.

Dylan Delhommois · 17 Sept · 2 min read

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Four ways to celebrate Christmas and New Year with ANA Hotels

There is the charm of a family Christmas in the mountains, the elegance of a Parisian-inspired New Year by the sea, a festive evening in the heart of Bucharest, or a party 960 metres above Brasov.

Romania Insider · 11 Nov · 3 min read

BusinessBusiness Views

New Romania Insider video series: Cristina Bojica on foreign investment in Romania

Romania Insider launches the Romania Insider Legal Series, a new video series produced in partnership with law firm Gruia Dufaut & Asociații. Episode 1 sits down with Cristina Bojica, Partner at the firm, to ask whether Romania is still worth it for foreign investors after FDI fell from €4.9 billion to €1.1 billion, and which legal checks to run before signing.

Romania Insider · 9 Nov · 2 min read

LifeNews from Companies

A Sunday Made to Be Savoured at Boulevard 73

Sunday is made for slowing down, gathering around the table and making a little more time for the things that matter, good food, good company and an atmosphere that lets the afternoon unfold at its own pace.

Romania Insider · 9 Nov · 1 min read

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Business

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LifePartner Content

Four ways to celebrate Christmas and New Year with ANA Hotels

There is the charm of a family Christmas in the mountains, the elegance of a Parisian-inspired New Year by the sea, a festive evening in the heart of Bucharest, or a party 960 metres above Brasov.

Romania Insider · 11 Nov · 3 min read

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