drives
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Hungastro takeover drives Accor market share to 46%
Accor Services, the biggest issuer of luncheon vouchers in Romania, estimates it now has 1,500,000 customers and 46% market share after taking over Hungastro, in a deal approved by the Compe...
Real estate market drives Macon Deva turnover to 16.6m euros
Macon, a Deva-based producer and distributor of construction materials, in the first half of this year generated turnover worth above 16.6m euros, up 34% against the same period in 2006. The...
Trade growth drives TCE sales to 5m euros
TCE Logistica, one of the main players on the domestic courier services market, registered turnover worth five million euros in the first half of this year, 25% higher against the same perio...
Hot weather drives Electrica turnover to over 900m euros
Electrica, electricity distribution and supply company, registered a turnover worth 3.01bn RON (903m euros) in the first half of this year, up 6% against the same period last year. The compa...
EU Integration drives Serpico turnover to over 7.5m euros
Serpico Trading, a distributor of food products, expects sales to advance by 50% this year, which would take the company's turnover to over 7.5m euros. "The effects of EU integration have ge...
Hunt for retail clients drives bank network expansion
As many as 1,340 new banking branches have been opened in the last year and a half, to 4,854 in late May, which entailed an increase in the number of employees in the industry by almost 8,50...
320% public rent hike drives inflation up in May
Public housing rent increased by 320% in May, as a result of a government decision, whilst contributing to around two thirds of this month's inflationary rate, according to data published ye...
Hot weather drives Napolact ice cream sales up 40%
Napolact company, part of Friesland Foods Romania group, the biggest player on the dairy products market, saw its ice cream sales soar by 40% in terms of value in the first five months of th...
Modern retail drives chocolate market to over 180m euros
Romanians ate eight chocolate tablets each last year, two tablets more than in 2005. Sales of chocolate products on the domestic market increased by 19% in terms of volume last year against...