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ZF English

UPC losses double in 2007 and exceed 65m euros

Telecom operator UPC Romania posted losses worth 230.18 million RON (65.3 million euros) in 2007, up 107.8% against the previous year, according to company data from the draft of the merger with Electron M. Bit Telecom, Sebmar and Cablevision of Romania (CVR)

Ziarul Financiar · 04.07.2008 · 21:54 · 1 min
ZF English

Egger to double chipboard production at Radauti plant

Egger Romania, which manufactures wood-based materials, announced its intention to double its share of the melamine-faced chipboard market in Romania, from 20% to 40%, before its Radauti-bas...

Ziarul Financiar · 03.07.2008 · 18:47 · 1 min
ZF English · Companies

New acquisitions will double Hame turnover

Martin Jagos, CEO of Czech-based food group Hame, said the turnover of the local division, Hame Romania, would at least double in three to five years, in the wake of an increase in the produ...

Diana Tudor Stoica · 19.05.2008 · 19:30 · 2 min
ZF English

Petrol station chains double profits

The large petrol station chains posted record profits last year, with most petroleum companies managing to double their earnings on the segment of fuel retail or, in some cases, move from mi...

Ziarul Financiar · 15.05.2008 · 19:50 · 1 min
ZF English · Food

Alka aims to double exports

Alka sales on foreign markets could amount to 3 million euros this year and account for around 6% of turnover. The company hopes to double its export level this year, after having registered...

Mihaela Popescu · 23.04.2008 · 18:58 · 2 min
ZF English

Cristescu brothers to double share capital of Bega Utilaje Constructii

Brothers Emil and Marius Cristescu plan to double the share capital of Bega Utilaje Constructii in Bucharest, which deals in equipment rental, from 4.197 million RON to 8.395 million RON. Th...

Ziarul Financiar · 15.04.2008 · 20:22 · 1 min
ZF English

Mercedes-Benz sales double in Q1

Mercedes-Benz sales in Romania doubled in the first quarter of the year and reached 2,326 units compared with the same time last year, in the wake of higher sales of light commercial vehicle...

Ziarul Financiar · 14.04.2008 · 20:36 · 1 min
ZF English · Automotive

Compa Sibiu: We will double turnover in 3 years

Compa Sibiu, a producer of automotive parts, has budgeted a 387 million-RON (around 110 million-euro) turnover for this year, up 28.3% against 2007. The company expects net profit to increas...

Adrian Cojocar · 10.04.2008 · 20:25 · 2 min
Tnuva: We will double our product portfolio by yearend
ZF English · Dairy

Tnuva: We will double our product portfolio by yearend

Sagit Tzur Lahav, Vice-President Marketing of Tnuva Romania, said that, after the Israeli group achieved its target of becoming a known brand locally, this year it would focus its strategy o...

Diana Tudor Stoica · 03.04.2008 · 19:47 · 2 min