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Cargus derives 18.6m euros from internal courier services
Cargus, one of the leading players on thCargus derives 18.6m euros from internal courier servicesCargus, one of the leading players on the Romanian courier market, has posted turnover worth...
Three small banks risk receiving lower ratings from NBR
Banks that hold a significant share of the banking sector are expected to perform at least as well this year, as they did in 2006, but it is very likely that three credit institutions, which...
Bella Bulgaria wants to derive 20% of business from Romania
The Bella Bulgaria group, with business worth around 55 million euros last year, will open its own retail and distribution branch in Bucharest in November, and targets its domestic business...
New credits and current accounts from CR Firenze
CR Firenze bank, the former Daewoo Bank, released new credit and savings products last week. The bank announced on Monday the launch of a current account for individuals, with a 5.5% annual...
Romrecycling: 160m-euro business from scrap metal
Romrecycling, a group that specialises in collecting and recycling scrap metal, will open three new collection centres in the next three months, with the investment estimated at around 1-1.5...
Postema, from pharmaceuticals to consultancy
Klaas Postema, the former CEO of Sicomed Bucuresti drug company (currently Zentiva), founded consultant Genesis Capital at the beginning of this year together with Didier Lepoutre and Lucian...
Petrom derives revenues worth 1bn euros from foreign sales
Petrom, the largest company in Romania, sells almost one billion euros of petroleum products through OMV networks in Bulgaria, Serbia and Romania. "Petrom is deriving approximately 1 billion...
Gedeon Richter: No more acquisitions from now on
Erik Bogsch, CEO of the Hungarian group Gedeon Richter, which paid around 30 million euros last year for two drug distribution companies on the Romanian market, believes its main objectives...
C&S, 24m euro-turnover from FMCG distribution
C&S group of firms, involved in FMCG distribution, estimates it will post a 24.5 million-euro turnover this year, an approximately 12% increase against last year. "One factor behind the posi...