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BRD Finance operates 14.9m-euro capital increase
The shareholders of BRD Finance, the consumer finance division of the BRD - SocGen group, have decided at a General Meeting of Shareholders held on the April 25 to operate a 50.2 million-RON...
Meda sees 17% sales increase due to expansion of retail chains
Charcuterie producer Meda Prod in Bucharest posted a 17% turnover increase in the first three months of this year, prompted by the regional expansion of hypermarket networks, and by the incr...
Non-comestibles market: 7% increase in 2006
The market of non-comestible consumer goods (excluding cosmetics) witnessed an increase of 6.1% in terms of volume and 7% in terms of value last year, according to a survey conducted by the...
Medical services branch of Polisano sees 30% increase in revenues
The medical services division of the Polisano group, involved in retail and drug distribution, estimates an over 30% increase in turnover for this year against 2006, after having expanded it...
Ursus loses about 5% volume increase due to production limitations
Ursus Breweries, number two on the local beer market, last year improved its profit margins, after having increased its turnover by 30% to around 190 million euros. "We estimate we have lost...
40% turnover increase for Mit Motors International
Bucharest-based vehicle dealer Mit Motors International posted a net turnover of 125.67 million RON (35.6 million euros) last year, up 39% on the 90.29 million RON witnessed in 2005. The com...
Continental shareholders discuss capital increase
Continental Hotels, which announced investments worth 50 million euros for six Ibis hotels last week, is considering increasing its share capital by 14 million euros by issuing new shares. T...
Fabryo estimates 30% increase in turnover
Varnish and paint producer Fabryo Corporation announced on Tuesday that it estimated an approximately 42 million-euro turnover for this year, up 30% on 2006. "Last year we achieved our objec...
Charcuterie producers increase spending on TV advertising
The entry of multinational companies onto the local charcuterie market, as well as increased rivalry among Romanian brands has moved the "battle" from the store shelves onto the television s...