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Argillon expects 14m-euro sales in 2008
Argillon Romania, a part of the German group by the same name, a producer of medium and high-voltage porcelain insulators, announced it had posted a 6.4 million-euro turnover in the first half of the year, which means a 25% rise for financial indicators agains...
Perla Covasnei could borrow up to 3m euros for investments
Perla Covasnei could take out credits worth up to 3 million euros for acquisitions, investments and refinancing, the mineral water producer based in Sfantu Gheorghe announced.
Antibiotice invests 8m euros in production
Drug producer Antibiotice Iasi, one of the leading players in the industry, has budgeted investments worth 7.5-8 million euros to expand the tablet manufacturing capacity in the 2008 - 2009...
Heineken posts 106m-euro sales excluding Bere Mures results
Beer producer Heineken Romania, which accounts 30% of the market after the takeover of Bere Mures, registered a 16% turnover increase in the first half of the year, to 390 million RON (106 m...
Vinterra producer poised to complete sale
The shareholders of wine producer Vinterra are negotiating the sale of the majority interest with a foreign investor, with talks almost at an end, according to company data. The list of inte...
How Tnuva became a top yoghurt producer in less than a year
The company has reached over 70% awareness among consumers and, although it does not disclose any figures regarding sales volume or value, data from market research agencies show Tnuva has a...
Meggle gives up partnership with Lactag producer
German group Meggle, one of the leading dairy producers in Europe, will cease to produce fresh dairy products at Lactag's plant in Arges county as of this month, amid strategy changes for th...
Holcim set to become largest cement producer
Holcim Romania, the local subsidiary of Swiss group Holcim, targets a production capacity of around 6.4 million tonnes of cement by yearend, up 30% on last year, after the company modernised...
Romanian cosmetics producer Farmec looks towards China
Cluj-based Farmec, the largest Romanian-held cosmetics producer, is considering building a cosmetics plant in China and will conduct its first exports by the end of the year. "We want to exp...