acquisitions

A recent poll by Romanian research firm ISRA Center Marketing Research shows that only a handful of Romanians in urban areas plan to buy a home or a car within the next 12 months.

Romanian public institutions and state-owned companies spent up to EUR10,000 last year on cell phones, pens and paper clips and bought cars, air conditioning, laptops and TV-sets for over EUR140 million, spending triple compared to 2007 but less than in 2008.

Oil Company Tender SA, owned by Romanian businessman Ovidiu Tender, mulls buying a plant manufacturing heavy transport equipment and a private telecom operator in Serbia.