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Changes at the top for Musat & Asociatii
Law firm Musat & Asociatii (Musat & Partners), one of the largest firms on the local market, has promoted Catalin Baiculescu and Ion Dragne, previously both partners at the firm, to co-manag...
Changes at the top of pharmaceutical firms
The pharmaceutical industry was dominated by personnel changes among top managers last year, a scenario that was not anticipated at the start of the year. Whereas in 2006 the industry was he...
InBev surprised by 5-8% lower demand at yearend
Mihai Ghyka, general manager of InBev Romania, producer of Bergenbier, says in the last three months of 2007 beer consumption experienced a downward trend for the first time in recent years...
Aliz Kosza transforms sales strategy at Fabryo
Aliz Kosza, the new CEO of Fabryo Corporation, varnish and dye producer, expects turnover to register an average increase of around 20-30% over the next three years due to real estate market...
Saudi Oger puts former banker at the helm of Zapp
Piermario di Pietro and Victor Stan, CEO and CTO of Telemobil, the company that operates the mobile phone network Zapp, resigned on Wednesday after a meeting attended by the company's manage...
Trial production begins at new Nokia plant
Finnish group Nokia has launched a trial period for production lines, employees and utilities at its plant in Jucu, Cluj county. The plant will launch production on February 11, which will c...
Michelin doubles tyre production at Floresti plant
Michelin Victoria Floresti, the tyre factory located in Prahova county and owned by French giant Michelin, will double production capacities over the next two years, from 4 million units at...
IDC: IT market forecast at 1.37bn euros in 2008
The Romanian IT market is estimated to reach 1.37 billion euros in 2008, up around 11% against the level witnessed last year, a lower growth rate than 2007, when the market advanced by 16.7%...
3,000 delegates expected at NATO summit in Bucharest
Around 3,000 official delegates and around 3,500 journalists are expected at the NATO summit, which will be hosted in Bucharest between April 2 and April 4, with the US delegation alone numb...