growth
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Antibiotice sees slight growth
Drugmaker Antibiotice Iasi has met the targets for 2003: only slight turnover and profit growth, as stronger financial stability was favoured. The company yesterday reported preliminary sale...
Pfizer Romania logs 14% growth
US group Pfizer, the world's largest drugmaker last year logged sales worth more than $45 million on the Romanian market, up 14% in US dollars from 2002. Last year was a very difficult time...
EU accession prompts significant growth for CEE stock markets
The big international investors are rushing to buy assets in the countries that are about to join the European Union. Consequently, all the large stock exchanges in Central and Eastern Europ...
European Drinks sees growth in dollars
The business of European Drinks Group owned by the Micula Brothers (Ioan and Viorel), rose by 18%-19% in dollars last year as exports redoubled, Ioan Micula, chairman of the group, said. If...
Generali sees slight growth in euros
Insurer Generali cashed 745bn ROL (some 20m euros) from gross premiums last year, up 22% in ROL from 2002. However, the revenues in euros climbed only 1% as the ROL has been losing ground ag...
Avenir Telecom eyes 20% growth in euros
Avenir Telecom Romania posted record-high sales in January 2004, following last year's rebranding process, aimed at the company's stores. Even though 2004 has only just begun, Avenir Telecom...
42% growth for Orange Romania
Orange Romania concluded 2003 with 467 million euros in total revenues and 3.317 million subscribers, the France-based parent company announced on Wednesday. The Bucharest branch had announc...
Allianz-Tiriac posts 25% growth
Germany's largest insurer Allianz has already recouped its investment in Romania, where it bought 51% in Asigurari Ion Tiriac (Ion Tiriac Insurance), as the value of the new company, Allianz...
Oriflame Romania seeks 14% growth
Oriflame Romania, the local branch of the Swedish cosmetics producer, expects sales to go up 14% in euros in 2004, following last year's 3% growth. Moreover, the company is planning to inves...