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Hedge-fund manager MAN eyes individuals
Anglo-Swiss financial group MAN, one of the largest hedge fund management companies in the world, has recently released its latest alternative investment product, MAN RMF Multi-Style. The pr...
Honeywell eyes Romanian expansion
US industrial giant Honeywell, one of the world's most powerful groups, with $23 billion in turnover, is looking for opportunities to expand on the Romanian market. "We are mainly targeting...
Vinia Iasi eyes 10m-euro turnover
Wine producer Vinia Iasi posted sales worth 8.5m euros (319bn ROL) last year, down 5% from 2002, when it reported 9m euros. Sales increased 14% in ROL. Vinia estimates to see 10m euros in tu...
Alpha Bank Group eyes Romanian State
Alpha Bank Group, through its Romanian branch, is planning to do more business with the Romanian State this year, also increasing its retail exposure. The group aims to supply funding for th...
Chinese companies eyes Romania
Telecommunications and infrastructure will attract a significant part of the investments that the Chinese companies will make in Romania in the next period. Zhingxing Telecommunication Equip...
Avenir Telecom eyes 20% growth in euros
Avenir Telecom Romania posted record-high sales in January 2004, following last year's rebranding process, aimed at the company's stores. Even though 2004 has only just begun, Avenir Telecom...
General Motors eyes Electroputere
US General Motors Corporation, one of the world's largest companies, is planning to headquarter its technology and production centre for Europe, North Africa and Middle East in Craiova, says...
Marshal Turism eyes 10% growth
Travel agency Marshal Turism logged 5% turnover growth in 2003, up to more than $15m, and envisions at least 10% growth this year, said Ion Antonescu, chairman of the agency. This would acco...
CMB Travel eyes 20% boost
Travel agency CMB Travel posted 4.4m euros in turnover in 2003, up 7% from 2002, and forecasts 20% growth in ROL for this year. "We re-positioned on the market at the beginning of 2003 by ch...