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Match Point to import wine from Chile
Cluj-based shareholders of Match Point, the biggest match producer on the local market, decided at the end of last year to invest in the international wine market, by creating Vino Vero, a c...
F.A.T.A. targets 5m euros from farming insurance
F.A.T.A. Asigurari Agricole (F.A.T.A. Farming Insurance), the Italian insurance company that entered the Romanian market last year by taking over Asigurari Global, intends to underwrite gros...
Franke anticipates 12m-euro business from full kitchen systems
Franke Romania, the local branch of the Kitchen Systems division of the Swiss group Franke, estimates a business worth 12 million euros for this year, from the retail of full kitchen systems...
Raiffeisen: Bonds from Finance Ministry could help strengthen the RON
The bond issue worth 1.5 billion RON (some 441 million euros) announced for March by the Finance Ministry, could have a marginal impact on the exchange rate of the RON, amid potentially bigg...
Bostina si Asociatii wants 50% of revenues from outside Bucharest
Bostina si Asociatii law firm banks on significant growth of revenues derived by its territorial offices as a result of the rising number of lawyers and the integration of these branches int...
Electrica Oltenia reorganisation started from 22 scenarios
Twenty-two possible scenarios, 3,000 people, out of whom only 70 will work in the sales field and breaking up a company in four. This is the reorganisation of Electrica Oltenia, the largest...
Qatar Airways flies from Bucharest in 2008
Qatar Airways, Qatares national carrier, will operate its first direct Bucharest - Doha flights by the end of 2008. However, in about a month from now, Romanians will be able to fly with Qat...
KD Life targets 2.4m-euro revenues from insurance
Insurance company KD Life, a member of the financial Slovenian group KD, estimates gross underwritten premiums worth 2.4 million euros for this year, having invested 17.32 million RON (4.9 m...
NBR cuts monetary policy rate from 8.75% to 8%
The National Bank has managed to take most analysts by surprise with its decision to reduce the monetary policy rate from 8.75% to 8%, although it had become obvious that NBR's wish to conso...