drives
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Increase in reserves drives MKB Romexterra Bank into the red
MKB Romexterra, the local branch of the German Bayern LB group, posted losses worth 27.3m RON (7.4m euros) in the first half of the year, following a significant increase in reserves made. In June 2007, the bank had posted a 12m RON (3.6m euros) profit
Hot weather drives Borsec's sales up 36%
The Romaqua group posted 36% increase in sales of Borsec mineral water in May and June compared with the annual average, as revealed by the data supplied by the company. May and June are the...
Product diversification drives Friesland turnover to over 137m euros
Friesland Foods Romania, leader of the local dairy market, estimates turnover worth over 137 million euros this year, up 20% against last year, amid an expansion of its product range. The pr...
Remy Cointreau drives BDG's turnover up by 140%
BDG, the importer of the Jack Daniel's and Corona brands, posted turnover worth 39.4 million RON (10.6 million euros) in the first five months of this year, up 139% against the same time las...
Appetite for fast food drives Broaster Chicken into the black
Chirila Prod, which has held the master franchise of fast food network Broaster Chicken since 1999, posted turnover worth over 730,000 euros last year, up 42% compared with 2006. More import...
Promotion drives Zaraza sales up to 5.8m euros
Zaraza brandy, formerly Vinars de Murfatlar, could reach sales worth 5.8 million euros next year, with representatives of Murfatlar company, the holder of the Zaraza brand, targeting a 40-45...
Foreign crisis drives BCR employees' investment in Erste into the red
The over 8,000 employees of BCR that decided to trade six BCR shares for one Erste Bank share are now finding that instead of the substantial gain they would have made if they had initially...
LPG trading drives Butan Gas turnover to 40m euros
Butan Gas, a major player on the LPG (liquefied petroleum gas) market, generated turnover worth 40m euros in the first eight months of the year, up 29% on last year. The Romanian company is...
Price change drives Ballantine's sales to over 8m euros
Pernod Ricard, one of the biggest importers of alcoholic beverages on the domestic market, with turnover worth 10.8m euros last year, could post sales of above 8m euros this year for Ballant...