increase
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Covalact shareholders come up with 4m euros to increase capital
Covalact, the dairy producer, which this year sold 70% to US-based investment fund SigmaBleyzer, will increase its share capital by 13.5 million RON (around four million euros), in order to...
Dornafarm to increase share capital by 1.7 million euros
Pharmaceuticals distributor Dornafarm could increase its share capital by 5.84 million RON (some 1.7 million euros) to a total of 7.2 million RON, with cash contributions from shareholders,...
Air France-KLM set to increase Romanian foothold
Air France-KLM (AFKLM) airline is set to introduce new flights on the domestic market in a bid to strengthen its position, after reaching an around 20% market share as a result of the comple...
Auto liability insurance premiums to increase significantly in 2008
The premiums for auto liability insurance (RCA) will go up by over 55% for individuals and by 100% for companies in 2008, according to data published by 12 of the 16 insurers authorised to c...
Avon Romania set to increase faster than the market
Avon Romania, the largest company operating direct sales for cosmetics on the domestic market, intends to persuade all of its 100,000 sales representatives to use the Internet when placing o...
Allianz-Tiriac conducts 6m-euro capital increase
Allianz-Tiriac, the largest company on the Romanian insurance market, has recently increased its share capital by 6 million euros (19.1 million RON), to almost 16.5 million euros (54.2 milli...
SNR Rulmenti: 20% business increase
SNR Rulmenti, the Romanian branch of the French group SNR Roulements and one of the leading bearings producers in Romania, estimates it will see a 20% turnover increase this year, to 9 milli...
Workforce cost increase starts to hurt car parts makers
Labour force expenses in the car parts industry have surged by over 25% this year, according to market players, a situation where Romania starts losing its cheap labour force advantage, its...
Banks increase euro-denominated loan prices
The euro-denominated loan price hike season has started when Volksbank, one of the most aggressive banks when it comes to low interest rate offers, applied a retroactive increase of 1.5%, wi...