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Azur increases water-soluble paints production by 50%
Paints producer Azur, a subsidiary of ICC Industrie INC New York, intends to boost its production of water-soluble paints by around 50%, with investments in this development project standing...
Promotion investments boost Salonta's market share by 4%
The Salonta charcuterie brand, owned by shareholders of the Murfatlar wine producer, will benefit from a promotion programme worth 3 million euros (rate-card) this year. "The marketing budge...
Industrial output up by 10.2% in February
The industry reported a 10.2% output increase against February 2006, as compared with a 6.6% estimate and an average rate of 4.7% for the whole year. The growth in industry has exceeded expe...
BCR management set to boost ROE by 3 percent
The executive management of the BCR aims to increase the return on equity (ROE) from 19.3% to more than 22% in 2007, now that it is focusing on retail operations and the overall lending has...
8,000 software firms targeted by investors
Vasile Baltac, chairman and CEO of the SoftNet group that last year sold a software and IT services company to Omnilogic, the biggest IT&C distributor on the local market, thinks IT mergers...
Parmalat: still soft drinks market to double by 2010
Parmalat Romania, producer of Santal soft drinks, has targeted sales of 17 million litres for this year and intends to double its previously recorded growth rate. Last year, the company post...
Zara licensee to expand network by 42 stores
Azadea Group, the company that introduced the Zara, Pull and Bear and Sunglass Hut brands onto the domestic market, is to expand its current 3-store network to another 42 locations by mid ne...
Credit Europe Asigurari wants 1.5% of general insurance market by 2008
Turkey's FIBA financial group wants to gain 1.5% of the general insurance market by 2008 through the recently created FIBA Asigurari insurance firm. "We believe that owing to the still low p...
Visa: Acceptance for payment by card should be expanded
Credit card organisation Visa insists on the need to expand acceptance of payment by cards, especially with medium-sized merchants, transport companies, tax payment and in particular in smal...