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Bunge closes its third plant
Bunge, the leader of the domestic vegetable oil market, which derives annual turnover in excess of 150 million euros, is set to close its Unirea Iasi plant, and lay off 300 employees, after...
IT&S Bucuresti isi majoreaza tinta de afaceri pentru acest an cu 5 milioane euro
Compania IT&S Bucuresti, distribuitor de produse IT, si-a majorat cu 5 milioane euro estimarile initiale pentru 2008, la 35 milioane euro, datorita previziunilor pozitive privind evolutia pi...
Volksbank set to expand its offer
Volksbank, the eighth largest bank in the system in terms of assets, will introduce value-added products and service packages to its offer and drop its current strategy to stand out by offer...
Bleyzer targets floatation on Western stock markets for its companies
American investment fund SigmaBleyzer, which entered the Romanian market last year through the acquisition of dairy producer Covalact, aims to boost the value of its purchased companies with...
Marfin aims to double its business next year
Greek-based Marfin Bank, which operates a bank and a leasing company on the Romanian market under the Egnatia brand, aims to double its business again in 2008. "Over the last three years, th...
Maspex considers introducing its pasta unit
Maspex group, the Polish-based producer of Tymbark juices, has upwardly revised its sales projections made at the beginning of the year, and now forecasts an over 20% growth in turnover agai...
GE in talks with Petrom to become its turbine supplier
General Electric (GE), a company ranked sixth in the Fortune 500 ranking, is in talks with Petrom to become the turbine supplier for the 800 MW gas-powered plant, which Romania's largest com...
NBR Governor Mugur Isarescu asks Government to watch its spending
The NBR insists on requesting support in its battle with inflation, especially from the Economy and Finance Ministry, as it increases its focus on bringing the current account deficit under...
Orkla Foods could find its new CEO through Egon Zehnder
UWE Birkkjaer, managing director/CEO of Orkla Foods for Central and Eastern Europe, said the recruitment process to find the new general manager of Orkla Foods' Romanian division would be fi...