moves
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Dairy giants' moves reshape the market
"The real value of the dairy market in the following years is forecast at around 3-4bn euros, with estimates based on the population's consumption requirements," states Valeriu Steriu, chairman of the Romanian Milk Industry Employers' Association (APRIL)
Vel Pitar moves plants outside Bucharest
Broadhurst investment fund, owner of the milling and bakery producer Vel Pitar, has decided to relocate its Bucharest plants and mill outside the city, to the south of the capital. Vel Pitar...
Head of Friesland moves to Hungarian dairy producer
Gerbrant de Boer, general manager of Friesland Romania - the largest player in the dairy industry, will leave the company at the end of this month, after almost eight years in charge. De Boe...
Agro Chirnogi moves to more profitable crops
Calarasi-based Agro Chirnogi, which farms one of the largest areas of agricultural land in Romania, posted turnover for its Chirnogi unit worth 10 million euros (33.5 million RON) in the fir...
Dragos Cabat moves from OTP to Citi
Dragos Cabat, vice-president of Association of Charted Financial Analysts, moved to Citibank Romania this week, taking over the position of deputy manager of the risk management department o...
Faimar moves plant and sells land for 5.7m euros
The shareholders of Faimar Baia Mare, a ceramics producer, have put up for sale the land on which its production facility and headquarters are located on for 5.7m euros, and have decided to...
General insurance market: spectacular moves in H1
Three general insurance companies reported turnovers higher than 100m euros in the first half- Allianz-Tiriac, Omniasig and BCR Asigurari, in comparison with the same period last year when o...
NBR: Deposit money moves to current accounts to dodge taxes
The situation of time deposits is no longer relevant given that a lot of money is registered on current accounts as a result of the solution banks came up with in order to dodge interest tax...
Pepsi moves to the outskirts of Bucharest
Pepsi Americas Romania, the bottler of PepsiCo for the Republic of Moldova and the Romanian market, has scheduled investments worth around 34 million dollars (25 million euros) for a new pla...