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OTP Leasing targets largest possible market share
OTP Leasing, a division of the Hungarian group OTP, set up in the summer of last year, granted funding worth around 35 million euros in the first three months of this year, with 80% earmarke...
Romania, SABMiller's 4th best market in Europe
For SABMiller, Romania boasted the strongest growth rate last year on European markets, after a 28% advance drove the sales of Ursus Breweries to 4.9 million hectolitres, namely 25% of the m...
New tour operators clash over leisure travel market growth
During the Sofia travel fair in February 2007, Corina and Aleksei Hinkov met Livent Aydin, general manager and a shareholder in the biggest tour operator on the Turkish coast. As a result, t...
Toyota: 25,000-unit sales and 5% market share by 2010
Thierry Dombreval, executive vice-president and COO with Toyota Motor Europe, says the company aims to sell 250-300 units of the Prius hybrid model on the local market this year. In Romania,...
Drug makers tap into 24m-euro dermocosmetics market
Forced by unfavourable conditions on the pharmaceutical market, producers, distributors and retailers are in search of alternatives to boost profit margins, and one solution is dermocosmetic...
General insurance market expected to rise by 18%
The Romanian general insurance market will rise at an annual rate of 18% in the 2008-2012 period, while life insurance premiums will see an annual 21% growth rate, according to researchandma...
Entrepreneurs need to be in symbiosis with the market
When managing a business every new situation brings elements that an entrepreneur has to adapt to in order to survive and grow. An obstacle is nothing but an indication that something needs...
Tikkurila enters local paint market directly
Finnish group Tikkurila, one of the leading varnish and paint producers in Europe, with annual turnover worth 625 million euros, will enter the local market directly through a sales represen...
Stefanel aims for higher market share
Stefanel, the first international company that directly entered the Romanian apparel market 17 years ago, estimates the market will expand this year amid the arrival of international players...