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GSK could produce drugs in Romania for Western Europe
British company GlaxoSmithKline (GSK), leader of the Romanian pharmaceutical market, could outsource production for some of its drugs to Romania in the coming period GSK is currently testing...
Zara could enter Romanian market directly
Inditex, the largest clothing retailer in Europe and owner of the Zara brand, has recently appointed Lucian Dorobantu, former commercial manager of Germanos, to the position of country manag...
Hard landing could upset banks' expansion plans
Portugal's Millennium BCP is set to conduct the first major greenfield operation on the banking market in the last seven years, as the bank prepares to launch 39 branches. Banks that have en...
GE Healthcare: medical equipment market could reach 200m euros
Annual sales of medical equipment in Romania could reach 200 million euros a year, but the market fluctuates depending on government initiatives, according to estimates made by the medical e...
Orkla Foods could find its new CEO through Egon Zehnder
UWE Birkkjaer, managing director/CEO of Orkla Foods for Central and Eastern Europe, said the recruitment process to find the new general manager of Orkla Foods' Romanian division would be fi...
OTC drugs could generate 0.5bn-euro sales in 5 years
Romania's OTC drug market is set to maintain its over 17% growth rate within the next 5 years if the economic growth remains steady, believes Nicholas Hall, chairman of Nicholas Hall & Compa...
Friesland: cheese sales could exceed 40m euros
Friesland, the dairy producer of Milli and Napolact brands, could sell cheese products worth around 40 million euros this year, which would account for approximately 26% of the company's tot...
High euro costs could lead to more expensive RON loans
An increase in interest rates for euros is being considered by several banks in order to maintain profitability now that refinancing costs are higher. In addition, bankers also anticipate a...
Renault could make Sandero in Pitesti
France's Renault group could start manufacturing the Sandero model in addition to the Logan model in Pitesti, which was launched in South America this year. "The model was initially aimed at...