Business Review

The Anima network has taken over a majority stake in the Diagnosis chain of clinics, now controlling 70 percent of the shares.

Otilia Haraga

Operational leasing company, LeasePlan, has increased its turnover by 21 percent year-on-year to EUR 30.9 million at end-2011. The company’s portfolio increased by 57 percent y/y to EUR 57.7 million.

Ovidiu Posirca

Mega Image has opened two more supermarkets this week. The first unit is located in the Upground shopping center in Bucharest on Glucozei Blvd and it covers 570sqm. The second outlet was opened in Mihailesti, near the capital and has a 670 sqm surface.

Simona Bazavan

“Dissatisfaction with the current leaders is, of course, what pushes people to take the streets. But it would be a mistake to regard the demonstrations as being simply directed against Basescu and his government,” writes Romanian Cristian Cercel, doctoral fellow within the school of government and international affairs, University of Durham, in The Guardian.

Otilia Haraga

Members of the European Parliament elected Martin Schulz to be the new EP president with 378 votes in favor out of 670 cast. The 56-year old German MEP will lead the parliament for two and a half years, replacing outgoing President Jerzy Buzek. 

Ovidiu Posirca

Car manufacturer Dacia sold 30,867 units on the Romanian market in 2011, decreasing year-on-year by 16 percent. Globally, sales decreased y/y by 1.5 percent to 343,233 units. 

Ovidiu Posirca

Doctor Raed Arafat, founder of the SMURD medical emergency service, has agreed to return to the Health Ministry on the same position as before, namely deputy state secretary, following discussions with President Traian Basescu and PM Emil Boc, the latter announced.

Otilia Haraga

A request for a launch authorization regarding Bollywood TV, a channel that will broadcast Indian films and entertainment, has been submitted at the National Audio-visual Council (CNA).

Otilia Haraga

Kandia Dulce, the second player on the Romanian chocolate market has announced that it has completed the acquisition of competitor Supreme Chocolat, the third largest player. The merger will consolidate Kandia’s position on the market by “creating an important Romanian competitor that will be active in chocolate and sugar confectionery as well as biscuits,” said company representatives.

Simona Bazavan

Network One Distribution, formerly Asesoft Distribution, controlled by businessmen Iulian Stanciu and Sebastian Ghita, has taken over another 30 percent stake in online retailer eMag.

Otilia Haraga