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Top Brands increases number of employees by 10%
Top Brands Distribution (TBD), one of the top three biggest distribution and logistical companies on the market has recently completed a 350,000-euro investment in opening two offices, one i...
Bank of Cyprus a preluat ONT Carpati
Grupul financiar Bank of Cyprus a cumparat pachetul majoritar de actiuni al companiei de turism ONT Carpati, in cadrul tranzactiilor de circa 3,4 milioane de euro derulate saptamana trecuta...
Twice as many insurers in the first month of EU membership
The number of insurers on the Romanian market almost doubled in the last month, reaching 75 companies, as compared with 41 insurers at the end of 2006. Thirty-four insurance companies in the...
O.ME.PS transfers part of production to Romania
The management of O.ME.PS. Romania, the local branch of the Italian silo trailers producer, intends to produce its first silo trailers in the Romanian city of Cluj by the end of this year. T...
UniCredit seeks to boost share of mortgage loan market
UniCredit Romania has recently raised interests of new euro-denominated loans by one percentage point, as a reaction to rising rates on international markets. The bank now levies interest ra...
The capital city "seizes" 45% of new jobs
Data published by the National Statistics Institute (INS) show that Bucharest and Ilfov county have created 45% of new jobs over the last two years. Over the last two years (November 2004 -...
AIG Life sees competition of regulatory bodies in EU
Foreign rival companies will make an aggressive entrance not just in the insurance or brokerage sectors, but in all the segments of the financial market: banks, private pensions, mutual fund...
One third of Romanian cosmetics goes abroad
The market of cosmetics and personal care products last year reached 600 million euros, having a growth potential of as much as 60% in the next four years, according to the Euromonitor data....
Centrofarm to boost weight of cosmetics in revenues
Centrofarm, which operates a network of 33 drugstores, most of which in Bucharest, will focus on opening larger outlets than the market average in the future "Centrofarm developed in the for...