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Mail products market set to rise by over 7%
Thierry Blain, the general manager for Central and Eastern Europe with GPV, one of the major producers of envelopes on the market, says the Eastern European arm of the group will contribute...
Modern retail drives chocolate market to over 180m euros
Romanians ate eight chocolate tablets each last year, two tablets more than in 2005. Sales of chocolate products on the domestic market increased by 19% in terms of volume last year against...
Petrom employees could make over 500m euros from their 8% stake
Around 60,000 people, who have been Petrom employees since August 2003 until now, could share an over 500 million-euro profit from an 8% stake in Petrom they will receive from the state. The...
Ranbaxy plans to invest over 20 million dollars in Terapia in two years
Indian giant Ranbaxy plans to invest over 20 million dollars in the next two years in local producer Terapia, which it acquired last year following a 324 million-dollar (270 million-euro) tr...
Cardiovascular drugs take Sanofi's business to over 115m euros
Sanofi-Aventis, the third largest player on the Romanian drug market, estimates it will see an over 15% increase in sales this year against 2006. "We expect our growth rate to exceed the mar...
Carrefour posts over 5% growth in Q1
French retailer Carrefour reported an organic growth of over 5% on the Romanian market in the first quarter of the year against the same period in 2006. "We are pleased that Romania is one o...
Car importers boast over 60% average growth in Q1
The sales of automotive importers indicate, in the first quarter of this year, an increase of more than 60% compared with the same period last year, while the results of domestic manufacture...
Rewe, second retail player to post over one billion-euro revenues
The sales of the German Rewe Group on the Romanian market exceeded one billion euros in 2006, witnessing a 34% growth compared with 2005. Rewe Group, the third-leading player in food retail...
First drop in retail over the last 4 years
In February, retail sales saw their first drop in the last four years, particularly on the segment of food products, according to data published by the National Statistics Institute on Tuesd...