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Consolis enters local market by buying Asa Cons Turda
Finnish Consolis group, the largest manufacturer of prefabricated products in Europe, with a business of over 1.4 billion euros, has bought prefabricated concrete products factory Asa Cons Turda, in a complex deal whereby Hungarian ASA group sold its operation...
Spanish law firm Garrigues enters local market via merger
Spanish law firm Garrigues has officially entered the Romanian market via a merger with Mares & Asociatii, a medium-sized firm. "We will operate under the name Garrigues Romania, and will fo...
ERA Oradea's project manager enters real estate development
Greek-held Dimand Real Estate, a provider of project management services for the ERA Shopping Park in Oradea, intends to derive revenues worth 2 million euros from services related to the re...
Former head of Novartis enters consulting market with Nestor law firm
Nicolae Voiculescu (44), former head of the local division of Swiss pharmaceutical giant Novartis, has founded a healthcare consulting company, Link Resource, and announced on Monday a partn...
Tikkurila enters local paint market directly
Finnish group Tikkurila, one of the leading varnish and paint producers in Europe, with annual turnover worth 625 million euros, will enter the local market directly through a sales represen...
Coca-Cola enters sports drinks segment
The two largest players on the soft drinks market, Coca-Cola and Pepsi, will target niche segments, after carbonated drinks registered a slower sales growth rate. Coca-Cola HBC Romania, the...
After Kraft, Tchibo enters coffee shop market
Tchibo, the largest coffee producer in Germany has announced that it will focus its investments on Eastern Europe, and plans to expand its coffee shop network in Romania, as well as in Polan...
EFT enters small energy consumers segment
Energy Financing Team (EFT), one of the leading traders in Central and Eastern Europe and present on the local market for around two years, will focus on the small consumers segment, after s...
Kraft Foods enters coffee shop market with Jacobs brand
Kraft Foods Romania, with annual sales worth over 120 million euros, has entered the coffee shop market with a brand that has brought the company to the No. 1 position on the Romanian market...