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3,300-euro salary for restaurant CEO
3,300-euro salary for restaurant CEO
Ford still pondering bid for Daewoo Craiova
Ford has yet to make a decision about whether to bid for the controlling interests in Daewoo Craiova, the head of Ford Motor's European division John Fleming told Reuters. Fleming said the p...
Three bids submitted for CEC
CEC ended up with only three bids submitted for the 69.9% in its shares yesterday, as the Greeks at EFG Eurobank dropped out the race just before the finishing line, after having announced p...
Over 50m-euro sales for Mega Image stores
Mega Image stores, owned by the Belgian group Delhaize, posted a turnover worth some 54 million euros (196 million RON) last year, a 50% increase against the 36 million euros posted in the p...
Romanians' appetite for imported vehicles on the rise
The sales of domestic vehicles went down in the first half of the year compared with the same time last year, while the number of imported vehicles went up, the data supplied by the Associat...
Estee Lauder sees growing demand for luxury products
Estee Lauder Romania, an importer of luxury cosmetics, is banking on intense traffic locations, such as commercial centres or malls, to expand its product distribution network. Marina Saon,...
Penescu brothers competing for Carrefour's market
The PIC group of Pitesti, which has annual revenues worth over 50 million euros, is trying to work its way onto the highly competitive Romanian hypermarket sector, with the Penescu brothers...
30m-euro investments for Smithfield thus far
American food industry giant Smithfield Foods, Inc. has so far invested 30 million euros to retool the meat processing plant in Timisoara. "By the end of the year, the first sections of this...
1.9m pounds sterling profit for Alpha Rocas
Romania-based Alpha Rocas, a subsidiary of the British group Alpha Airports, which provides catering services to airline and airport-based companies, witnessed revenue worth 6.8 million poun...