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Auchan operates at lower margin in Romania than in France
The margins operated by retailer Auchan in Romania are 12-13%, while the same margin on the French market stands at 22%, Regis Mougel, manager of the Auchan hypermarket network in Romania told ZF. The statement of the Auchan official comes after the representa...
KIKA targets 10% market share in the cities where it operates
Expansion in Eastern Europe, a process that Austrian-based KIKA (a furniture and home d?cor retailer) began in Hungary eight years ago, will enter a new phase towards the end of this year, w...
KBC Consumer Finance IFN operates 12m-euro capital increase
KBC Consumer Finance IFN, the consumer credit company, which has been recently set up by the Belgian group KBC, which also controls Romstal Leasing, will increase its share capital by 41.91...
SW Umwelttechnik operates 2.2m-euro capital increase
The Romanian branch of the Austrian environmental protection group SW Umwelttechnik has increased its share capital by 2.2 million euros, to three million euros, through a cash contribution...
BRD Finance operates 14.9m-euro capital increase
The shareholders of BRD Finance, the consumer finance division of the BRD - SocGen group, have decided at a General Meeting of Shareholders held on the April 25 to operate a 50.2 million-RON...
Omniasig Viata operates another capital increase
Shareholders of Omniasig Asigurari de Viata (Omniasig Life Insurance) decided, during an extraordinary general meeting held at the end of last week, to perform a share capital increase of 8....
Cargill Silozuri operates 3.4m-euro share capital increase
Cargill Silozuri (Cargill Silos), a company controlled by American group Cargill, will increase its share capital by 12.2 million RON (3.4 million euros), to 14.2 million RON, according to a...
Celco operates at a 40% net margin
Celco Constanta, manufacturer of construction materials, saw a 54% growth of its net profit in euros, while its turnover rose by some 35%. Celco posted a net profit worth 8.31 million euros...
Lafarge operates with a 25-28% profit margin
French group Lafarge last year posted turnover worth 240 million euros, 20% higher from the level reached in 2004. "Sales are growing fast because Romania is growing fast. The construction m...