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Ranbaxy could sell Terapia's facilities in Bucharest
Indian-based Ranbaxy intends to sell Terapia's oral liquid business in Bucharest, according to the Indian Economic Times. Ranbaxy has already been in talks with a number of global companies...
Sale of Textila complex could create 7 new millionaires
The trend to relocate industrial facilities outside cities has now reached Iasi, where clothing manufacturer Textila intends to sell its city centre facility, and relocate to an industrial a...
Delaco could double sales of Jogobella yoghurts
Delaco, one of the largest distributors of dairy products in Romania, could post sales worth 12 million euros this year from the sale of products made by Zott (the German group that produces...
Asirom's managers could make as much as 5m euros a year
The members of the management board of Asirom insurance company, who will be elected in the next few weeks, will receive gross annual pays of 10,000 euros to 2.5% of gross underwritten premi...
Asesoft could take over 25% in Curiero
Curiero, a Romanian-held postal and courier services company, is negotiating the sale of a 25% stake in the IT group Asesoft, controlled by Ploiesti-based businessman Sebastian Ghita. The tr...
Lazea, NBR: Romanians could eat less to reduce foreign deficit
In hindsight, Romanians should have eaten less imported food and bought fewer imported cars - the two major culprits of last year's trade deficit, believes Valentin Lazea (photo), chief econ...
Azerbaijan could store 5m tonnes of crude oil with Oil Terminal
After Azerbaijani state-owned SOCAR opened a local office last year, the company intends to close a contract with port operator Oil Terminal to delivery 5 million tonnes of crude oil, an amo...
Bricostore: wage costs could rise by 20-30%
French-based DIY retailer Bricostore, a part of the Bresson group, last year posted profit worth around 27 million euros, amid turnover worth 180m euros from its 8-store network in Romania....
Skoda sales could increase by 100 million euros
Skoda's turnover on the domestic market is currently estimated at almost 400 million euros, an increase of over 30% against last year. The average price of a Skoda car sold in 2007 was 13,00...