restructuring
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First wave of restructuring in FMCG: winners and losers
Over 1,000 employees have suffered in the wake of plant closures in the consumer goods industry over the past two years, whilst companies continue to pump further investments into more profi...
Flamingo takes restructuring further
Flamingo International, the second biggest retailer of electronics and electrical home appliances on the market in terms of turnover, has given up the Future Shop store network and sold the...
Raiffeisen income triples after 2006 restructuring programmes
Raiffeisen Bank, the third largest lending institution on the Romanian market, closed the first half of this year with a net income worth 47.2m euros, 2.8 times higher against the same perio...
Restructuring leaves Unita without 10% of staff
Unita, an insurance company part of Austria's Vienna Insurance group, has reduced its personnel by 10% as part of a restructuring process started in 2006 and finalised in the first half of t...
QVT: We're buying companies which are small or under restructuring
Profits derived by companies listed on the Bucharest Stock Exchange are not as high as investors expected and are disproportionate to share prices, which are too high, says Angelo Moskov, CE...
Electrica Banat and Dobrogea restructuring costs: over 3m euros
The restructuring process undertook by Italy's Enel, the only power group owning 2 electricity distribution companies domestically, generated 3 companies and a team of 500 energy "salesmen",...
Liberals working on government restructuring options
Bogdan Olteanu, PNL (National Liberal Party), chairman of the Chamber of Deputies and one of the most influential people close to Premier Calin Popescu-Tariceanu, has told ZF in an interview...
Erste expects BCR to pay its own restructuring bill
The situation of the non-performing loans in BCR''s portfolio looks "somewhat better" than Erste Bank had estimated, Andreas Treichl, chairman of the Austrian group, said in Vienna on Friday...
E.ON Gaz Romania turns to outside help for restructuring
E.ON German group, owner of the gas distribution company in the northern part of Romania, has hired external consultants to restructure the former state-owned company and reposition it on th...