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Lipomin to compete against Pepsi, Coca-Cola and Red Bull
Mineral water bottler Lipomin, owner of the Carpatina brand, forecasts 15 million-euro turnover for this year, and 150 million litres in sales, amid an expansion of its product portfolio, to include non-carbonated soft drinks based on still mineral water, as w...
Petrom battles against European giants for wind power contract
Petrom could start to generate wind power if it manages to fight off competition from European heavyweights. In addition to the 500 million-euro natural gas power plant (with a 860 MW capaci...
Erste's Treichl calls for alliance against foreign currency loans
Andreas Treichl, the chief executive of Erste Bank and chairman of BCR's Supervisory Board, has called for an agreement with the central bank and all other commercial banks that would cause...
Small supermarket chains team up against international retailers
Five domestic supermarket networks, whose cumulated sales were valued above 50 million euros in 2006, are going to forge the RomRetail alliance, due to operate as a shared procurement centre...
Stock Exchange and brokers rebel against inconsistent taxation
The Bucharest Stock Exchange (BSE) will suspend normal trading for one hour today in protest against the inconsistency of the fiscal legislation in terms of the taxes investors have to pay....
Cement market doubles against estimated value
Cement market doubles against estimated value
Golden Brau doubles growth pace against 2005
Golden Brau doubles growth pace against 2005
Dedeman profits double against 70m-euro turnover
The Bacau-based Dedeman group, which operates one of the biggest chains of stores and warehouses for construction and home decor materials, last year saw profit worth 25 million RON (7 milli...
Supermarkets can hold their own against hypermarkets
The general manager of the Mega Image chain believes supermarkets have found their niche on the local market, despite the aggressive expansion of hypermarkets and discount stores. "The hyper...