growth
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Scandia favours export growth, rather than acquisitions
Canned meat producer Scandia Romana, which invested 30 million euros in a new canned food and cold cuts plant in Sibiu, expects to derive 30 million euro sales from cold cuts alone by 2011....
Consumer loans growth slows down from 80% to 52%
The annual growth of consumer loans slowed down to 52% in August, after reaching an almost 80% peak in February.
Laropharm: Following restructuring, we expect 80% growth in 2009
Drug manufacturer Laropharm Bucuresti, a small player in the pharmaceutical industry, has revised its internal structure bringing on board a new executive management, and has budgeted invest...
Hair dye sales approach 50m-euro mark
The hair dye market has lately proven to be one of the most dynamic segments of the non-food FMCG market, seeing an at least 15% growth rate per year.
Billa reaches highest growth rate this year
Billa, the largest supermarket network on the Romanian market, has announced it will expand to 38 stores this year, from the 28 it operated at the end of 2007.
CEVA Logistics to pursue organic growth
Having entered the domestic market in March 2007, services operator CEVA logistics - a top five international player with 6.3bn-euro global turnover, forecasts domestic turnover worth above...
Gefco considers acquisitions in Romania
French-held Gefco, a part of the Peugeot-Citroen group, intends to strengthen its position in Central and Eastern Europe, both via organic growth and via acquisitions, with its turnover incr...
Increase in voluntary pensions deduction not enough, companies say
The increase in the maximum deduction for contributions paid to voluntary pension funds (the 3rd pillar) is a big step ahead, but there is still a lot of room for growth, according to manage...
Coca-Cola: Slower growth rate is biggest change
Dragos Militaru, the man who integrated local producer Dorna within Coca-Cola and launched the company's first vending machines on the Romanian market, says Romania is among the top 10 contr...