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Procter & Gamble enters dishwashing detergents market
A new player has entered the dishwashing detergents segment ruled by two major companies that, until recently, accounted for about 80% of a $15m market. The new player entered the market in...
IBM Romania outpaces IT market
IBM Romania, the local branch of the world's IT industry leader concluded 2002 with very good results, as it managed to be the fastest growing subsidiary in the Central and Eastern Europe, M...
BCR and BRD about to storm Romanian mutual funds market
Banking deposits rates keep dropping, pushing many investors to look for more profitable investment options. Since the revenues derived from interest rates and insurance will be encompassed...
Gorenje eyes 3% market share
Gorenje, the Slovenian home appliances maker, is planning to double its share of the Romanian market this year. "Last year, we sold about 10,000 household appliances, which accounts for 1.6%...
Rolast hit by strong ROL and bad market
Synthetic rubber marks maker Rolast Pitesti's 2002 financial results will be lower than those in the previous year, because of the bad conditions on the foreign markets, the stabilisation of...
Skanska exits Romanian market
Swedish Skanska Group, one of the leading construction companies in Europe on Tuesday announced it would withdraw from several Eastern European markets, Romania inclusive, Financial Times re...
Natural gas market, 30% deregulated
The natural gas market in Romania will be 30% deregulated this spring, compared with the current 25%, following certification of new eligible consumers, National Natural Gases Regulating Aut...
$500m for the US market?
Romania may debut with a $500 million bond issue on the American market in the next three months, to capitalise on the very low interest level in the U.S. This is one of the three options co...
Four more players on card market
Half of the banks operating in Romania will be card issuers this year, following the entry of four more banks on this market in 2003, at least according to their statements. At the moment, o...