intends
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KazMunaiGaz intends to invest over 500m dollars in Rompetrol
Kazakh state-owned company KazMunaiGaz, which became the majority shareholder of petroleum group Rompetrol after it acquired an over a 75% stake, intends to invest 500 million dollars (330 million euros) within the next 3-5 years in expanding Rompetrol and for...
GE Money appoints new head and intends to rebrand
GE Money, the retail financial services arm of General Electric US giant, is preparing to rebrand its companies - Motoractive Leasing, Domenia Credit and Estima Finance. GE Money has recentl...
Ford intends to take over Daewoo Craiova
Ford Motor has voiced interest in buying the Craiova-based Daewoo plant with a view to expanding production capacities, in order to cover the high demand from the European market, the CEO of...
GSK intends to halt market share decline
The launch of new products, the development of vaccines, along with the production of a new drug at the plant in Brasov, are the prime targets David Lechleiter, the new general manager of Gl...
Porsche intends to sell 130 Porsche cars
Porsche Romania, importer of the Porsche brand on the local market, aims to sell 130 Porsche-branded vehicles this year, 50% more than the 87 deliveries made in 2006, according to company re...
Amonil intends to generate electricity
Chemical fertilisers producer Amonil Slobozia could begin to generate electricity by rehabilitating and starting to operate the thermal plant located on its industrial site (currently not op...
Cora intends to expand inside the cities
Jerome Peyrard, the development manager of the Cora hypermarkets for Romania and Hungary, says the network will not speed up its expansion due to the high land prices and to the volatility o...
Turabo intends to expand to Prague or Warsaw
Turabo intends to expand to Prague or Warsaw
AVAS intends to sell Asirom stake
The State Assets Resolution Authority (AVAS) intends to sell the stake it owns in the insurance company Asirom, but does not think its 6.3% interest in this company is very attractive for in...