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Major retailers: Our profits don't exceed 5% of turnover
The Association of Large Retail Networks in Romania (AMRCR) has answered the accusations made by foods producers that say profit margins in Romanian modern retail are smaller than in traditi...
BCR Viata: Bancassurance will bring 75-80% of our sales
BCR Asigurari de Viata (BCR Life Insurance), a company set up by the BCR group at the end of 2005, closed last year with turnover worth 85 million RON (25.5 million euros), which includes 62...
Kaufland: food accounts for 80% of our sales
The discount store network Kaufland derives around 80% of its sales from food products, a higher percentage than the level registered by other traditional hypermarket networks such as Carref...
Terapia Ranbaxy: We will double our business by 2010
Indian pharmaceuticals producer Ranbaxy Laboratories, which acquired the domestic producer Terapia last year, could see its business on the domestic market double between 2010 and 2012, enco...
Schmidt: BMW's arrival not triggered by our performance
Michael Schmidt, the general manager of Automobile Bavaria, the BMW dealer in Romania, says the direct arrival of major global carmakers on the domestic market has to do with the fact the ma...
Mittal Steel: At capacity, our production reaches 3bn euros
Mittal Steel Galati (the former Sidex) steel plant is expected to overshoot the 2 billion-euro turnover mark this year, although it is only operating at two thirds of its capacity, this way...
Ilefor: Exchange rate instability is slowing down our growth
Furniture producer Ilefor in Targu-Mures estimates an over 6.4m euro turnover for this year, up from last year, when this indicator stood at approximately 6.1 million euros. "The increase co...
Carrefour: Our imports will surge in 2007
Carrefour: Our imports will surge in 2007
Mariana Gheorghe: Caspian Sea area is our target
Mariana Gheorghe: Caspian Sea area is our target