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Wrigley sales reach 61.4 million euros
Mihai Georgescu, general manager of Wrigley Romania, says he expects the domestic candy market to triple over the next 5-10 years, and eventually come into line with the chewing gum market....
Ford has to pay 27 million euros on top of the 57 million euros agreed for Automobile Craiova
The price Ford will pay to the state for the stake in Automobile Craiova remains unchanged at 57 million euros - the sum decided on after privatisation negotiations, Nadia Crisan, Ford Europ...
Porsche Broker sells 50m euros' worth of policies
Porsche Broker, the insurance broker of car importer Porsche, handled insurance policies worth 167 million RON (50 million euros) last year. Porsche is vying for the top position on the mark...
KBC invests 10m euros to enter consumer credits market
Belgian group KBC invested 10 million euros to launch activities on the local consumer credit market through KBC Consumer Finance, a company created at the end of last year, a report publish...
Josef Goschy estimates hotel network is worth 367m euros
Timisoara-born businessman Josef Goschy (photo), the hotel owner who boasts the largest accommodation capacity on the Romanian market, says he intends to sell ten assets (including hotels, c...
ING ventures onto mutual fund market with 17 million euros
Dutch group ING, one of the biggest asset managers in Europe, has invested almost 17 million euros in two mutual funds that will be managed by its local asset management branch. The company...
Carmo-Lact Prod forecasts 12.5 million euros from dairy products
Carmo-Lact Prod, the Bistrita-based dairy manufacturer, estimates turnover worth approximately 12.5 million euros this year, up 20% on 2007. The company posted overall sales worth approximat...
GPV business up just 8% to over 10 million euros
GPV Romania, a member of GPV Groupe in France, Europe's leading manufacturer of envelopes and corporate mail management services, last year derived turnover worth 10.8 million euros, up 8% o...
New homes take concrete market to 350 million euros
Concrete consumption has grown by 15-20% on the average over the last few years and will reach about 350-370 million euros this year, because of investments in the residential sector and the...