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LaborMed invests in its own production facility
LaborMed Pharma, one of the biggest local drug producers, has invested 13 million euros in its own production facility in Bucharest, an investment that will triple the production capacity to...
OTK to triple the turnover of its Romanian arm
Czech OTK group, which bought the flexible packaging unit of Tiger Somes of Dej, plans to triple the turnover of its Romanian branch in five years at most, says Petr Ryska, general manager w...
Omniasig to sell optional pensions to firms in its portfolio first
Omniasig Pensii Private, the Romanian company specialising in pensions of the Vienna Insurance group, is to focus on selling optional pensions to corporate customers from its portfolio this...
Negritoiu: NBR should get down from its ivory tower
It is unacceptable that only five years before entering the pre-euro adoption phase, the financial market should be as rudimentary as it was five years ago, that it should not have long-term...
Alumil doubles investors' money in its first day on BSE
The shares of aluminium profile manufacturer Alumil Rom Industry (ALU) traded at an average price of 8.7 RON in their first day of trading on the Bucharest Stock Exchange (BSE), 90% higher t...
Alexandrion division to expand its car dealer network
Rochin Motors, a division of the Alexandrion group, and local importer of the Chinese car brand Great Wall intends to expand its car dealer network by the end of this year, in order for the...
PepsiCo involves customers in its brand development
Calin Clej, marketing manager of PepsiCo International's CSD (carbonated soft drinks) unit in Romania, believes that the change of the image for PepsiCola products is a strategy to involve y...
Anchor buys 1 million square metres for its projects
Anchor Grup bought around one million square metres of land in Bucharest and nearby the Capital, where it intends to develop several real estate projects, which will consist of office space,...
Aldis to gradually give up its own store network
George Naghi, president and majority shareholder of Aldis, says he intends to give up his store network amid the boom of the retail segment on the local market. "We will gradually give up ou...