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Petrom is worth more than OMV
Petrom's main assets, i.e. crude oil reserves, two refineries - Petrobrazi and Arpechim, and petrol station network are currently worth over 35 billion dollars (21.8 billion euros), two and...
Marin: Restructuring can fail if no attention is paid to details
Marius Marin, the current CEO with construction materials producer Macon Deva, who has helped to restructure several companies such as Tofan Group, Uton Onesti and Mefin Sinaia, says a compa...
Supply of new homes in Bucharest is a quarter of demand
Real estate developers will deliver around 40,000 new apartments onto the Bucharest market in the coming five or seven years, three times lower than the demand, estimated at 130,000 units, S...
Holcim's profit is down 34.5%, while rivals see increases
Holcim Romania, provider of construction materials and local subsidiary of the Swiss group Holcim, reported a 34.5% decline in net profit last year, to 114.5 million RON (34.3 million euros)...
Vladescu: excessive deficit is an option, if it finances road infrastructure
However stable Romania may be from a macroeconomic point of view, if inflation fell below 3% and the budget deficit under 1%, or even in the case of a budget surplus, if road infrastructure...
Janisch, Billa's CEO: Romania is our second market behind Russia
According to Wolfgang Janisch, CEO of Billa Romania, the largest supermarket network on the market, the company is examining around five networks for an acquisition. Janisch says Romania is...
How is the vodka market changing?
After the integration of Absolut vodka brand in the portfolio of Pernod Ricard Romania, the importer's market share will expand to almost 30% and the company will rise to the leading positio...
Apemin Tusnad is not expecting takeovers on the mineral water market
Florin Nechita, the new marketing manager of bottler Apemin Tusnad, believes the local mineral water market will not be dominated by 3-4 players, as is the case on other more complex markets...
Gerard, Citroen: Romania is no longer an emerging market
Didier Gerard, general manager of Citroen Romania, which took over import duties of the French brand last summer from ATS, a company controlled by Prime Minister Calin Popescu Tariceanu, say...