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Heidi: Distribution makes the difference
From the outside, the small Heidi chocolate plant in Pantelimon, close to Bucharest, does not appear to have more than a few dozen employees. However, around 150 people work here in three shifts each day, and six days out of seven each week. Laderach group, a...
AIG Life makes biggest profit on the market in H1
AIG Life, the second largest player on the life insurance market, posted a gross profit worth 24 million RON (over 6.5 million euros) in the first half of the year, double against the same t...
Corint makes 4.7m euros from selling textbooks and children's books
Publishing group Corint, which includes Corint, Leda, Runa and Corint Junior publishing houses, forecasts a 6.5 million-euro turnover for this year, up 12% against last year, amid an increas...
Ioan Lazar makes 19m euros from transport
The transport company of the Lazar International group based in Pitesti, one of the largest companies on the domestic market of such services, posted 19 million euro turnover in the first ha...
TAROM makes more than 10m euros from charter flights
National company TAROM, whose business will reach some 290m euros (450m dollars) is making more than 10m euros from charter flights a year, and has contracts signed with both travel agencies...
Consumer finance makes up 15% of GDP
The appetite for consumer loans puts Romania second in the region in terms of the share of this type of financing in last year's GDP, but at the same time the country is a laggard in terms o...
SIF Muntenia makes 6.7 million-euro profit
The gross profit of SIF Muntenia rose by 6.7 million euros (23.7 million RON) last month, and accounted for about one third of the profit the financial investment company made in the five mo...
BT makes 30m-euro net profit in H1
Banca Transilvania (BT) posted a net profit worth 111.4 million RON (30.3 million euros) in the first half, according to preliminary financial results released on Monday. The bank's six-mont...
Rompetrol Gas makes LPG acquisition in Moldova
Rompetrol Gas, the LPG (liquefied petroleum gas) division of the Rompetrol group, has acquired the majority stake in ModInterGaz, making its entry onto the LPG market in the Republic of Mold...