16 July 2010

French retailer Carrefour posted sales of EUR 265 million in the second quarter of the year in Romania, which was a drop of 5.8 percent compared to the same period of last year, excluding currency exchange rate impact. These are its sales in local currency. The group's like-for-like sales were down by 7.2 percent.

15 July 2010

Romanians have always dreamed of being independent and staying united, but they were rarely left in peace for long enough to develop a sense of their own identity. This short overview of the history of Romania will give you an idea about the events that took place in the 18th and 19th centuries and which shaped the idea of a national identity in the Romanians' consciousness.

15 July 2010

Kraft Foods has appointed Gerard Chandran as its new general manager for Romania, the company has announced. Chandran joined Kraft Foods in 2006, when he took over the management in South Africa, after his term in the management team of Gilette.

15 July 2010

The president of Israel, Shimon Peres will make an official visit to Romania in August, according to the ambassador of Israel to Bucharest, David Oren. Oren, who attended the second Congress of the Federation of Jewish Communities in Romania, said this visit will be an opportunity to deepen the bilateral relations between Romania and Israel.

15 July 2010

Turkish Provus Services Provider has bought local card operator RomCard from its shareholders BCR, BRD, Raiffeisen Bank, UniCredit Tiriac Bank and Financiara, according to Deloitte, which assisted the sale along with the Reff & Associates team. The value of the deal was not disclosed.

16 July 2010

French retailer Carrefour posted sales of EUR 265 million in the second quarter of the year in Romania, which was a drop of 5.8 percent compared to the same period of last year, excluding currency exchange rate impact. These are its sales in local currency. The group's like-for-like sales were down by 7.2 percent.

15 July 2010

Romanians have always dreamed of being independent and staying united, but they were rarely left in peace for long enough to develop a sense of their own identity. This short overview of the history of Romania will give you an idea about the events that took place in the 18th and 19th centuries and which shaped the idea of a national identity in the Romanians' consciousness.

15 July 2010

Kraft Foods has appointed Gerard Chandran as its new general manager for Romania, the company has announced. Chandran joined Kraft Foods in 2006, when he took over the management in South Africa, after his term in the management team of Gilette.

15 July 2010

The president of Israel, Shimon Peres will make an official visit to Romania in August, according to the ambassador of Israel to Bucharest, David Oren. Oren, who attended the second Congress of the Federation of Jewish Communities in Romania, said this visit will be an opportunity to deepen the bilateral relations between Romania and Israel.

15 July 2010

Turkish Provus Services Provider has bought local card operator RomCard from its shareholders BCR, BRD, Raiffeisen Bank, UniCredit Tiriac Bank and Financiara, according to Deloitte, which assisted the sale along with the Reff & Associates team. The value of the deal was not disclosed.

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