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2.9m-euro turnover for Vinexport Focsani in Q1
Vinexport Focsani, one of the main wine producers on the local market, posted a 10.8 million-RON (2.9 million-euro) turnover in the first three months of this year, up 6.83% against the same...
Romtelecom spends 30m euros for 2,500 layoffs
Romtelecom, the largest fixed telephony operator on the local market, posted losses in the first quarter of 2008, after one-off expenses worth 30 million euros in restructuring costs, with 2...
Dairy imports account for only 5% overall consumption
Nonetheless, the weight of imports on the overall market is not higher than 5%, despite importers' expectations to go beyond this mark. "Finished dairy products boomed in 2007 in the wake of...
Hergan sells shopping complex in Titan, with Auchan as anchor, for 140m euros
Real estate developer Avrig 35, controlled by businessman Alexander Hergan, a real estate investor with one of the lowest-profiles on the domestic market, is in advanced talks with DEGI, the...
Patriciu strikes deal with Immorent for real estate project
Businessman Dinu Patriciu, president of the Rompetrol group, together with Immorent, the real estate leasing subsidiary of the Erste group and the Rompetrol group, will invest 300 million eu...
Stadler, Audi: We are not ruling out Romania for a new plant
The chairman of Audi AG's Board of Directors, the premium division of the German group VW-Audi, told ZF Audi was considering building a new plant, in order to increase production capacities,...
Dacia Sandero: official Romanian launch planned for June 3
Dacia Sandero, the fifth model built on the Logan platform, will be officially launched next week and delivered to its first buyers at the end of June. The prices for Romania and neighbourin...
Wienerberger seeks land for 4th plant
Wienerberger group, the largest manufacturer of bricks domestically, plans to build its fourth plant in Romania by the end of the year, after the demand for such construction materials incre...
Arctic forecasts 30% sales increase for Beko
Currently, Beko accounts for 27% of the company's turnover, which amounted to 224 million euros in the last financial year. "The Beko brand has seen significant growth over the last three ye...