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Campofrio hurt by shelf taxes
Charcuterie producer, Tabco-Campofrio, the domestic unit of Spain's Campofrio Alimentacion, posted 10% higher sales in the first half of this year compared with the same period of 2005. "We...
Romanian textile industry to shrink by over 2bn euros in 5 years
The textile industry will reach a level of 7.5 billion euros in 2010, two billion euros lower than this year. Over the next four years, the number of players will almost halve, as domestic c...
Budget revenues increase by 20%
Revenues of the general consolidated budget went up 20% in the first six months of the year, against the same period of last year. The main public budget divisions reached 13.18 billion euro...
Appetite for exercise set to double by 2010
The market of sportswear, nutritional supplements and the number of sport clubs will double by 2010, as Romanians will be willing to spend increasingly more money for a healthy life. "We est...
Cris-Tim wants to fill gap left by the closing of 600 plants
Radu Timis, chairman of Cris-Tim group, the most important player in the charcuterie industry, says the bankruptcy of more than 600 plants that are not compliant with the European standards...
Rosko Textil hurt by dwindling demand in Europe
Rosko Textil hurt by dwindling demand in Europe
Romanian oil market to reach 20bn euros by 2010
The Romanian oil market will grow faster than the overall economy by 2010, set to go beyond 19 billion euros and account for around 14% of GDP. Petrom and Rompetrol, which have already made...
M&A''s expected in sugar industry by the end of 2007
Emilian Dobrescu, the general representative of Agrana group, the biggest player on the domestic sugar market, says the market will witness acquisitions, mergers and even the complete takeov...
Sama Service expands by franchising
Sama Service, the service network that specialises in wheels, will introduce a franchise system to expand to the provinces after opening four car service shops in Bucharest. "We think we can...