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Cafea Fortuna holds over 15% of market
Cafea Fortuna, the only Romanian company among the top 4-5 players on the coffee market, has built a brand new plant, with investments worth 8m euros. According to Dan Lazarescu, general man...
ING Viata attracts over 10,000 voluntary pension clients
The number of customers attracted by the two voluntary pension funds managed by ING Asigurari de Viata stood at 10,991, according to the company. ING Clasic fund had 7,480 customers, while I...
Transgaz IPO could spark interest of over 10,000 investors
The initial public offering of Transgaz Medias, the largest of its kind ever witnessed on the Bucharest Stock Exchange, could attract more than 10,000 investors, believes Steven van Groninge...
Renault, the first import brand to sell over 30,000 cars
Renault sales will go beyond the 30,000-unit mark this year and will most likely reach a level of 32,000 sold units, a volume corresponding to an increase by almost 40% from last year's leve...
Concefa to develop over 300m-euro residential projects
Horatiu Cercel, who controls Concefa, a constructions group with business worth 50 million euros, intends to develop several residential projects within the next few years, which are estimat...
Dedeman expects over 200m-euro business next year
Bacau-based construction materials distributor Dedeman, estimates turnover worth over 200 million-euro next year, after the launch of four new stores, with one set to be built in Bucharest....
Vinexport, over 14m-euro business
Vinexport Focsani, one of the leading winemakers on the Romanian market, targets a 20% turnover increase, to 50.4 million RON (14.8 million euros) this year. In the first nine months of this...
SEAT sales up by over 32% after 9 months
SEAT, the Spanish division of the VW-Audi group, saw a 32.5% sales increase in the first nine months of the year, to 3,660 units, compared with the same time last year. The Ibiza remained th...
Nestle achieves over 30% growth in nine months
Nestle Romania, the domestic unit of Swiss food giant Nestle, saw its sales advance by over 30% in the first nine months of this year against the same period in 2006. "We are posting sale in...