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Compa Sibiu: We will double turnover in 3 years
Compa Sibiu, a producer of automotive parts, has budgeted a 387 million-RON (around 110 million-euro) turnover for this year, up 28.3% against 2007. The company expects net profit to increas...
Will Vegastel be the next deal in mobile telephony retail?
The maturing of the of the local mobile telephony market, which has meant lower revenues for the partners of mobile telephony operators on this market, will accelerate the wave of consolidat...
Goodyear: All players will capitalise on the car market boom
Ovidiu Balan, the new general manager of Goodyear Dunlop Tires Romania, a company with turnover worth over 35 million euros a year, says tyre distributors will continue to see positive resul...
Tnuva: We will double our product portfolio by yearend
Sagit Tzur Lahav, Vice-President Marketing of Tnuva Romania, said that, after the Israeli group achieved its target of becoming a known brand locally, this year it would focus its strategy o...
Cheaper firms will make funds open purse strings
Stock Exchange corrections and the depreciation of the national currency against the euro are making Romanian companies cheaper targets for private equity funds, for which the year 2008 is h...
How much will Dacia strike impact on Romania's attractiveness for automotive investments?
The third round of talks between the owners of Automobile Dacia and its union, which was held on Friday, has failed, while the general strike, started by the employees on March 24, will now...
Kraft Foods: New LU cookie unit will generate 15-20% of turnover
Kraft Foods Romania is set to change the structure of its domestic portfolio with the creation of the LU cookies division, while forecast sales are expected to account for 5-7% of this year'...
BCR Viata: Bancassurance will bring 75-80% of our sales
BCR Asigurari de Viata (BCR Life Insurance), a company set up by the BCR group at the end of 2005, closed last year with turnover worth 85 million RON (25.5 million euros), which includes 62...
Calin Dragan, Coca-Cola: Utility price hike will temper consumption
Calin Dragan, general manager of Coca-Cola HBC Romania & Moldova, believes the domestic market will not perform as well as it did in 2007, because of a slowdown in consumer spending. Last ye...