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European Drinks goes abroadwith low prices
European Drinks company, part of European Food & Drinks food industry group owned by Micula brothers, is tapping into foreign markets with small prices to be able to withstand competition from major international brands. "On foreign markets, where there's cutt...
First Audi S6 worth over 100,000 euros goes to Timisoara
Porsche Romania, Audi importer domestically, in August delivered this year's first Audi S6 through Porsche Timisoara. Audi S6 is the sport version of A6, the large-class model of the German...
Cocor: record profit from SIFs goes to giant screens and new car park
Cocor Bucuresti, owner of the store with the same name in central Bucharest, has posted a record income worth 6.61m euros (21.82m RON) in the second quarter of this year, and a turnover wort...
Electroputere goes to Saudi company
Saudi company Al-Arrab has won the tender for the acquisition of the majority stake in locomotive producer Electroputere Craiova, according to the announcement made by the State Assets Resol...
Battle for private pension clients goes online
Private pension companies have found a new battlefield in their fight for customers - virtual space. "Pensii private (private pensions)" has been included in an increasing number of searches...
Tanasescu dumps PSD, packs bags and goes to IMF
Mihai Tanasescu, the PSD (Social Democrat Party) vice-president and former Finance Minister in the Adrian Nastase Government, has decided to leave the tumultuous political life of Romania an...
Ardaf goes through reorganisation
Insurance company Ardaf, taken over at the beginning of this year by the Czechs at PPF Investments, has announced that this year it will go through a reorganisation process, with the first s...
ACC market goes up to 180m euros
Consumption of ACC (autoclaved cellular concrete) will increase by around 15% this year, a rate that could be doubled by a 10-15% price increase. Under the circumstances, the ACC market is e...
Salans business goes up 50%
Salans, the Bucharest based law firm, saw a turnover increase of 50% last year, amid an overall upsurge on the local business market. According to the latest available information, Salans po...