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Romania enters global top 10 for beer consumption
Beer consumption reached 100 litres per capita at the end of last year, which means Romania is among the top ten countries in the world in terms of annual beer consumption. Romanians last ye...
Former football player Ioan Andone enters McDonald's business
Ioan Andone, the coach of the football team CR Cluj, the current leader of the Romania's first league, is interested in entering the McDonald's business, and intends to open three restaurant...
Dumagas enters logistic segment
Dumagas Transport, a freight shipping company with turnover put at 40m euros this year, has expanded its range of operations over the past year, by investing over 4m euros in a logistic cent...
MKB Romexterra enters niche market of private banking
MKB Romexterra is preparing to enter the niche market of private banking this autumn. Until recent years, this niche was exclusively controlled by big names on the market. However, this year...
MEI investment fund enters luxury car market
Dutch investment fund Middle Europe Investments (MEI), the main minority shareholder (holding a 6% stake) of Rompetrol Well Services, is set to invest 2.2 million euros on the luxury cars ma...
RWE enters energy market through trading company
RWE Trading, the electricity supply unit of Germany's RWE group, will enter the domestic market next year by setting up a trading firm, after the company started looking at the domestic mark...
Covalact enters desserts market
Covalact, one of the leading dairy producers on the domestic market, which posted a 10 million-euro turnover in the first six months of the year, up 18% on the same time in 2006, intends to...
TIP Top builds 8m-euro plant and enters catering
Tip Top, which holds 14 confectioner's shops on the Capital's market, will invest 8 to 10 million euros in a new plant located in Bucharest, which will triple the company's current productio...
Tnuva enters retail market through its own distribution system
Tnuva Romania producer, the latest player to have entered the dairy market, has put together its own distribution system for dairy products and aims to extend its coverage to encompass every...