Year
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Universal McCann forecasts 73m-euro turnover this year
Universal McCann, the media division of the McCann Erickson advertising group, expects to end the year with turnover worth over 73m euros, up 40% on last year. Mihai Trandafir, managing dire...
Arabesque: Real estate turmoil will be felt next year
Arabesque, the largest distributor of construction materials on the local market, with annual turnover worth 450 million euros, expects the constructions materials market to slowdown in 2009...
Campofrio: Tulcea plant could close next year
"The plant in Tulcea needs 11m-euro investments in order to meet EU requirements and the production unit is only authorised to operate until December, 31, 2009," stated Ovidiu Wencz, general...
How Tnuva became a top yoghurt producer in less than a year
The company has reached over 70% awareness among consumers and, although it does not disclose any figures regarding sales volume or value, data from market research agencies show Tnuva has a...
Charlemagne: more opportunities now, after land was overvalued last year
Charlemagne, which sold three office buildings in Bucharest for 110 million euros last year, is in talks to become involved in three more projects, after a period during which the British co...
Carrefour speeds up expansion with 7 hypermarkets a year
Carrefour is expanding its hypermarket network in Romania by 7 stores a year and expects to reach around 40 stores by 2012, according to a report released by Hyparlo, a division of the Frenc...
Major food retailers, 10% expansion since start of the year
Hypermarkets were outrun by discounters in terms of the expansion pace registered in the first half of this year. Hypermarkets, which last year posted a 72.5% advance in the number of stores...
Romaqua targets 5% of beer market in its first year
In its first year since launching the Albacher brand, Romaqua, the producer of Borsec mineral water, intends to sell around one million hectolitres of beer, the overall volume produced by th...
Bucharest lawyer earns over 2 million euros a year
The highest paid lawyer in Bucharest officially earned more than 7 million RON (about 2 million euros) in 2006, according to data ZF received from the General Directorate of Public Finance i...