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Deutsche Bahn confirms talks for Romtrans takeover
Deutsche Bahn, one of the leading railway operators in Europe, is in talks to take over Romanian transport company Romtrans, in a transaction estimated to be worth 80-100 million euros, acco...
Johnson Controls to make seats for 600,000 Logans
US-based Johnson Controls (JCI) group, a 100 million-euro business on the domestic market, will manufacture seats for more than 600,000 Logan cars, half of which will delivered straight to t...
Muller aims for top three
Muller, one of the leading producers of yoghurts in Europe, intends to have its own production facility. To that end, it is considering either a greenfield project or the acquisition of a lo...
Pepsi registers faster growth for carbonated drinks
Sales of carbonated soft drinks distributed by Pepsi Americas Romania increased by 16% in terms of volume in H1 against the same period in 2007, double the rate posted by non-carbonated drin...
Cora Stolz's strategy for a new Gregory's
Training a new team at Gregory?s is one of the new management?s top objectives, whilst the employees? lack of experience is said to be only temporary and due to a shortage of personnel. In M...
Missoni: Romania is the best-prepared market for exclusive products in the region
Missoni, which opened a store three months ago in Baneasa Shopping City, through the fashion division of Otter Distribution, which represents international footwear brands Otter, Geox and Fi...
Fire extinguishers for Rolls Royce and Jaguar to be manufactured in Dej
Belgian-based Delta Extinctors, a manufacturer of fire extinguishers for cars, intends to invest 2 million euros in building a plant in privately held industrial park Arc Parc in Dej, Cluj c...
48m-euro profit for UniCredit Tiriac in H1
UniCredit Tiriac Bank, the local branch of the Italian financial giant UniCredit, posted net profit worth 177 million RON (48 million euros) in the first half of the year, up 17% against the...
July: Bad month for equity funds on the BSE
Raiffeisen Romania Actiuni lost over 14%, while BCR Expert and BT Maxim lost over 12% each. After another bad month, losses recorded by many equity funds since the beginning of the year exce...