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$3.2m for Lady Speed Stick antiperspirant
Colgate-Palmolive Romania has allotted an advertising budget of $3.2 million (rate-card) to promote three antiperspirant sprays throughout this year. The three deodorants are launched under...
EU officials expected for market economy debate
A delegation of the European Commission's Directorate General for Economic and Financial Affairs is due to arrive in Bucharest this week to discuss functional market economy issues with the...
14% higher H1 sales for Cesarom
Cesarom Bucharest, one of the largest ceramic tile and sanitary ware maker in Romania posted 431.7bn ROL (11.8 million euros) in H1 turnover, up 14% from the same time last year in real term...
HSBC loan for Otopeni Airport
HSBC Bank officials will sign a loan agreement worth 15.3m euros with the Ministry of Transports, Constructions and Tourism today.The loan is secured by the Romanian state and is aimed at mo...
Advent to pay $43.7m for Terapia
American investment fund Advent International on Friday published the preliminary announcement of the tender offer for all the shares of the Romanian drugmaker Terapia Cluj-Napoca. The offer...
Higher demand for Romanian managers
The number of management positions offered to Romanians by various private companies has been going up lately, due to a wave of investments made in retail and production especially, the repr...
$100m American investment fund for Romania and Bulgaria
American investment management company SigmaBleyzer is planning to launch an investment fund worth $100 million for the business opportunities in Romania and Bulgaria early next year. The op...
Rewe, 30m euro more for six XXLs
German Rewe Group will invest 30-35 million euros this year and the next to open six new XXL Mega Discount! stores, two of which located in Bucharest, general manager Rainer Exel said. "Our...
Hundreds of millions of dollars for cleaner tap water
The catastrophic state of the infrastructure for water treatment, purification and supply in Romanian cities has given birth to a huge business, estimated at several hundred million dollars...