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A&D Pharma looks into expansion by greenfield investments
A&D Pharma has put together its international management team, which now consists of five people, in the first half of this year. David Ebsworth, with over 25 years' experience in the pharma...
Drought effects as seen by CNP: Economic growth down, inflation up
The forecast for this year's economic growth has been revised downwards from 6.5% to 6.1%, whilst the inflation rate estimate has been revised upwards from 4.2% to 4.5%, announced the Nation...
Air traffic up by over 20% in H1
A rise in the number of flights and the emergence of new regular airlines has boosted the Romanian air travel industry by 21% in the first seven months of the year, to 213 million euros, acc...
Holcim invests 180m euros in development programme by 2011
Cement and concrete producer Holcim Romania, the domestic branch of the Swiss group Holcim, is carrying out a 180 million-euro investment programme that will last until 2011, in order to dev...
Asiban shareholders up capital by ?6m prior to sale
The four banks, which each hold 25% in insurance company Asiban - BCR, BRD-SocGen, Banca Transilvania and CEC, will increase the insurer's capital by 6 million euros (20 million RON), to 29...
BMW sales up by 40%
BMW sales on the Romanian market increased by 38.5% in the first seven months of the year, to over 1,110 units, while the imported car segment registered an over 53% increase during the same...
EU integration boosts Carrefour's direct imports by 25%
Carrefour Romania hypermarket network is set to create a logistics centre, which, by 2009, will cover almost 5 hectares in the locality of Bucharest. The logistics centre will also house the...
Petromservice profit increases by 4 times
Revenues of petroleum services provider Petromservice climbed by 7.7% in the first half of this year, to 639.9 million RON (192.1 million euros) compared with the same time last year, and it...
Porsche financial group's business climbs by 20%
Porsche Bank financial group granted funding worth 140 million euros for the acquisition of vehicles imported by Porsche Romania in the first six months of the year, an increase of 20% again...