Year
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Companies going by the calendar this year
The Bucharest Stock Exchange (BSE) has come closer to the Western capital markets, at least when it comes to how the corporate filings are treated. The BSE management instructed the listed c...
Natuzzi sales triple every year
Baia Mare-based sofa manufacturer Italsofa, held by the Italian furniture group Natuzzi, estimates to see turnover increase more than three times this year, up to 80 million euros. Italsofa...
Brenntag sees 18m euro revenues this year
Chemical products distributor Brenntag Romania estimates to make 18 million euro turnover this year, up 36% from 2003, the company's executive manager Alexandru Badea said. Brenntag Group is...
GFS headed for $100m this year
Developing the supermarket chain and introducing as many brands through franchises in Romania as possible are the ways Razvan Petrovici, general manager of the GFS Group, plans to use to boo...
Petrom focuses on motels this year
Subject of an ongoing privatisation, Petrom proceeds with its investment plans for its core business (oil) and primarily for its collateral businesses, such as motels, unhindered. The Nation...
Connex looking for 20% growth this year
Mobile telephony operator Connex expects to grow three or four times faster than the domestic economy this year. "Connex will be looking for considerable growth in 2004 over 2003, about 15%...
$780m in tourism revenues last year
Romania's tourism revenues in foreign currency amounted to $780 million in 2003, 14% more than in 2002, the Tourism minister on Wednesday announced. If calculated in euros, the revenues actu...
Petrom, deal of the year for insurers
The biggest deal that lies ahead of insurers and insurance brokers in Romania in 2004 is the privatisation of Petrom, a company whose assets are worth $3bn. The company, which is exposed to...
2003, Daewoo Craiova 's best year
National carmaker Daewoo Automobile Romania estimates to sell more than 25,700 vehicles this year, 10% more than in 2003. Daewoo sold 23,400 units in 2003. This was the best yearly result si...