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Tea pushes Fares business over 5.6m euros
Orastie-based Fares, a local producer of medicinal herbal tea varieties, estimates an approximately 5.6 million-euro turnover for this year, a 25% increase against 2006. "The positive trend...
Dairy products drive food retail growth to over 20%
Dairy products witnessed the strongest dynamics in overall retail sales of consumer goods last year, registering growth of over 60% for the categories of milk and milk-based deserts, shows a...
Renault invest over 1.7bn euros in Logan
Investments conducted by French manufacturer Renault amount to over 1.7 billion euros in the development of the Logan model and its industrial system, namely for the modernisation of plants...
Gallaher sales up by over 30% on the local market
British company Gallaher, one of the world leaders in the tobacco industry, last year saw a 30.2% increase in the volume of sales on the Romanian market, pushing its market share up to 3.4%,...
Energobit reports turnover worth over 52m euros
The Cluj-based group of firms Energobit, which operates in the electric equipment manufacturing industry, estimates its turnover will rise by at least 20% this year, after the turnover repor...
South Pacific Group launches projects worth over 100m euros
South Pacific Group, an Australian-owned real estate development firm, which owns 50-60 hectares of land in small towns close to the northern part of Bucharest, plans to develop real estate...
Praktiker aims for over 30-outlet network
Guenter Vosskaemper, the general manager of Praktiker Romania, the biggest DIY chain domestically (16 outlets), says the company is halfway through its network expansion. Praktiker Romania D...
Roexpres to be taken over by Austrian investor
Domestic courier company Roexpres has received an acquisition offer from an Austrian company, with the transaction likely to be completed towards the middle of the year. "We received several...
Audi R8: 15 orders worth over 100,000 euros
Two months before its official launch on the market, and without the car being on display in showrooms, Porsche Romania, the official importer of the Audi brand, has already taken 15 orders...