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Electrolux: Relocations from Western Europe prompt local consolidation
The relocation of 50% of home appliances manufacturer Electrolux's production facilities from Western Europe to countries where fixed costs are lower will consolidate the company's operations in Romania, where it manufactures electric stoves at its Satu Mare-b...
Rough times prompt changes at Brau Union
Rough times prompt changes at Brau Union
Salary raises prompt record sales for retailers
Salary raises prompt record sales for retailers
Ilefor: lower costs prompt profits
Targu-Mures based furniture plant Ilefor, a member of Mobexpert group, registered H1 revenues standing at 139.8 billion ROL ($4.2m), down 3.5% since last year. Nevertheless, the company's ne...
Massive capital outflows prompt foreign currency deficit
Money is leaving Romania. Have the multinationals reached the consolidation stage and stopped reinvesting their profits? It is certain that capital outflows have been obvious on the interban...