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Cristescu brothers to double share capital of Bega Utilaje Constructii
Brothers Emil and Marius Cristescu plan to double the share capital of Bega Utilaje Constructii in Bucharest, which deals in equipment rental, from 4.197 million RON to 8.395 million RON. Th...
Top insurers in terms of productivity
ING Asigurari de Viata, Generali and Asiban are the insurers that boasted the most productive employees in 2007, reveals a ZF survey conducted on the basis of data provided by the top ten in...
E.ON Gaz Distributie gives up 31% of employees
E.ON Gaz Distributie, the distribution arm formed in the wake of separation of the gas supply division from the gas distribution division of the former Distrigaz Nord, posted net profit wort...
Cadbury brings new head to the helm of Kandia-Excelent
British producer Cadbury Schweppes, which last year took over local sweets producer Kandia-Excelent, will appoint Jose Bonito as country director for Romania, who will succeed Sorin Alexandr...
Danish FirstFarms owns 5,500 ha of land in Romania
FirstFarms, a Danish-held agricultural company, has purchased around 5,500 hectares of farmland in Romania over the course of one year, for which it paid a little over 10 million euros. The...
Credit crunch takes the wind out of the sails of some real estate investors
Over the past few days four major investors on the Romanian real estate market have announced that they will drop some of the projects in their early stages of development, declines in the v...
Boehringer Ingelheim targets 2% of pharmaceutical market
German pharmaceutical company Boehringer Ingelheim, with a global turnover worth over 10 billion euros, intends to reach a 2% market share in Romania in the coming five years, double against...
Two Cargo Partner managers become shareholders of IB Cargo
Cargo Partner managers Kees Cramer and Catalin Putineanu are leaving to become managing partners with a German-Dutch joint venture - I. B. Cargo, which is also involved in transport and logi...
Italy and Spain take Blue Air's traffic to half of TAROM's
Blue Air, the low-cost airline that reached half of TAROM's revenues on the Romanian market in three years, is still relying on Spain and Italy, whose routes place it among the top spots on...