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Sanofi-Aventis targets 15% turnover increase
The Romanian branch of the pharmaceutical giant Sanofi-Aventis intends to reach a 7.5% market share by the end of this year, compared with approximately 6.5% for 2006, says Dan Ivan, general...
TCE Logistica sees 20% increase in turnover
TCE Logistica (TCE Logistics), one of the top courier and delivery services in Romania, posted a 2.5 million-euro turnover in the first quarter of this year, up 20% on the same period last y...
Trans Courier Service anticipates 40% increase
Trans Courier Service, one of the top ten players on the local postal services and courier market, budgeted a 40% turnover increase for this year, to be supported by an expansion in its prod...
SIF Transilvania shareholders endorse capital increase
SIF Transilvania shareholders on Friday approved with a majority of about 90% the proposal to increase the share capital by 54.6 million RON (16.4 million euros) to 109.2 million RON (32.8 m...
RBL targets 80% asset increase
Raiffeisen Banca pentru Locuinte (RBL - Raiffeisen Housing Bank), one of the two local players operating on the niche of housing savings and loan products, estimates that this year it will p...
Omniasig Viata operates another capital increase
Shareholders of Omniasig Asigurari de Viata (Omniasig Life Insurance) decided, during an extraordinary general meeting held at the end of last week, to perform a share capital increase of 8....
Automobile Bavaria: 8-fold sale increase for luxury cars
Automobile Bavaria, the importer of the BMW and Mini brands, has decided to sell 100 vehicles, each worth 100,000 euros during the course of this year. Last year, the company sold 12 cars, f...
Michelin Silvania: 23% increase in tyre production
Zalau-based Michelin Silvania, a plant held by the French group Michelin, is expecting to increase production by 10% this year, after tyre production increased by 23% in 2006 producing over...
Beer multinationals see 37% sales increase in Q1
Beer sales of the multinational companies present on the local market (Heineken, Interbrew, United Romanian Breweries Bereprod and Ursus Breweries) increased by 37% in terms of volume in the...