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Real manager surprised by FMCG high prices
Tjeerd Jegen, the Dutchman who was brought in February by the Metro group network to head Real Romania hypermarket, says he was surprised to see the high prices of consumer goods, and the lo...
Zaharul Oradea: turnover down by 45%
Zaharul Oradea (Sugar Oradea), part of the German-French group Cristal Diamant, posted a 2.68 million-euro (9.1 million-RON) turnover in the first three months of this year, a 45% decline on...
Basescu wins referendum by huge percentage
The number of votes with which Traian Basescu won the referendum has caused bewilderment among the parties that had suspended the president. According to partial results from the Central Ele...
Gedeon Richter distributors absorbed by Dita
The distribution activity of the pharmaceutical producer Gedeon Richter Romania, which acquired five pharmaceutical distributors last year, will be conducted under the Dita Import-Export nam...
Eybl Automotive increases personnel by 500
Eybl Automotive Romania, a branch of the Austrian group Eybl International AG, a provider of components for the automotive industry, posted 16 million-euro turnover last year, up 14% against...
Warm weather boosts soft drinks market by 200m euros
This year's longer-than-usual warm season is likely to take sales of the major players on the soft drinks market up to over one billion euros. The ten largest players on the soft drinks mark...
2.2bn-euro bonds sold by Finance Ministry this year
Liquidity on the monetary market fell sharply at the end of last month. In April alone, the Treasury absorbed 1.5 billion RON by selling T-bills. If adding the T-bills issued in the first tw...
SIF Transilvania shares up by 12.4%
The shares of SIF Transilvania (Financial Investment Company) surged by 12.4% yesterday, closing at a historic high of 4.17 RON/share. At an extraordinary General Meeting of Shareholders las...
Emporiki to reach 1.8bn-euro credits by 2011
Emporiki Bank has announced aggressive expansion plans for its Romanian branch network and intends to open over 140 subsidiaries by 2011. The Greek bank aims to reach credits worth 1.8 billi...