division
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Kandia to buy Kraft Foods division of sugar-based products
Chocolate producer Kandia-Excelent will acquire the sugar-based products division of Kraft Foods for a sum of up to ten million euros, with the funds being secured through a credit, accordin...
Petrom creates gas division
Shareholders in Petrom, Romania''s largest company, decided this Tuesday to establish a separate company to supply natural gas. The new company will be directly subordinated to chief executi...
ABN AMRO creates retail division
ABN AMRO creates retail division
GSK feeds $45m into Romanian division
GSK feeds $45m into Romanian division
One more L'Oreal division in Bucharest
French cosmetics maker L'Oreal has introduced a new cosmetics division on the Romanian market. This division sells products aimed at drugstores only and is the second unit of the group launc...
Tiriac Holdings auto division see 17% turnover increase
The auto division of Tiriac Holdings, which comprises brands such as Chrysler, Ford, Hyundai, Jeep, Mazda, Mercedes-Benz, Mitsubishi and Smart, saw turnover increase 17% (some $9 million) in...
Creditanstalt division pays $29m for Opera Center
Opera Center, one of Bucharest's biggest business centres, has been sold for almost 30 million dollars, under the largest transaction ever concluded on the domestic real estate market. The b...
SABMiller Romanian division on RASDAQ
Compania de Bere Romania (Romania Beer Company - CBR), the Romanian division of world's largest brewer SABMiller and the second leading player on the domestic market is scheduled for floatat...