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Euro increase, profit booster
The brokers who said early in the year the investors on the Stock Exchange would not strike it rich this year but merely gain a little more than they would from banking interests were wrong....
Most likely scenario for Petrom: sale of 30-40% stake and capital increase
SNP (National Oil Company) Petrom, the largest company on the Romanian market, may be privatised through the direct sale of a 30-40% stake in the company, with the strategic investor to hold...
Pepsi bottler sees 52% increase
Quadrant Amroq Beverages (QAB), the company bottling Pepsi in Romania, posted a 52% increase in sales in Q1 as compared to the year-ago period. Company officials would not disclose any detai...
Petrom posts 63% exports increase
SNP Petrom, the largest company on the Romanian market, has managed to make the most of the decline in the oil product supply on the European market and therefore boost exports in the first...
Tohani sales to increase 15%
Winemaker Tohani SA forecasts sales worth more than $5.5m this year, up 15% since 2002. According to the company's sales director, Vasile Sava, Tohani also aims to increase the share of expo...
Unita capital increase in May
Unita insurance company will increase its share capital by at least three million euros until late May, as soon as the Supervision Board of the majority shareholder, Austria-based Wiener Sta...
Goodyear targets 20% turnover increase
US tyre maker Goodyear predicts a 20% increase for its Romanian sales this year, after turnover exceeded 20 million euros last year in Romania."Our increase will be supported by the premium...
Oltchim: Corruption fight hinders capital increase
The best opportunity for the Stock Exchange speculators this year, the share capital increase at Oltchim, might quickly turn into losses. The capital increase was not endorsed, and brokers a...
Friesland to increase turnover
Friesland Romania, a subsidiary of Dutch dairy company Friesland Dairy & Drinks Group, last year posted turnover worth 29 million euros, up 26% since 2001. Friesland expanded last year from...