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Damian leaves Terapia at No. 1
According to market sources, the former CEO of Terapia Ranbaxy could take over the position of Country General Manager of Zentiva Romania in April. Dragos Damian leaves behind a company that...
Car market shows no signs of a slowdown
In January, sales of new cars soared by almost 43% against the same period in 2007, and overturned the expectations of most players on the market, after a 5% growth rate was announced. Impor...
Accenture makes no long-term plans
The clashing macroeconomic projections and frequent legislative modifications are eroding investors' confidence and reducing their chances of making medium and long-term predictions, believe...
Praktiker's No. 1 priority: expansion
Praktiker Romania, the largest home improvement network on the local market, ended 2007 with an over 60% sales increase, to 251.4 million euros. Excluding the contribution of the new stores...
Romania, region's no. 2 mandatory private pensions market
The Romanian private pensions market could become one of the most concentrated markets in the whole of Central and Eastern Europe. Regionally, one third of the funds on the market cumulate o...
Lafarge: exports no longer a priority
Lafarge Cement, the domestic unit of Lafarge group, the only cement producer carrying out export activities, this year cut the share of exports in overall sales to just 5%, prompted by domes...
Gedeon Richter: No more acquisitions from now on
Erik Bogsch, CEO of the Hungarian group Gedeon Richter, which paid around 30 million euros last year for two drug distribution companies on the Romanian market, believes its main objectives...
No more class A office space available in Bucharest
The interest shown by both multinational and domestic companies to situate their headquarters in modern office buildings in the central areas of Bucharest has lowered the availability rate f...
Petrol stations on the A2 highway no sooner than 2008
Petrom, Lukoil, Rompetrol, MOL Romania and OMV Romania could open their first petrol stations on Autostrada Soarelui (Sun Highway) as late as 2008, almost four years after the opening of the...