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Petrom set to expand internationally
Petrom, the largest Romanian company, at the end of last year accounted for 31% of petroleum products sold through filling stations in Moldova, 18% in Bulgaria and 13% in the former Yugoslav...
BRD set to enter life insurance segment
BRD-SocGen group is preparing to create a new unit - BRD Asigurari de Viata, which, according to the organised schedule, will start its operations in August, Damien Marechal, country manager...
Extenso set to open three Lotto stores
Extenso, the domestic importer of Lotto, Stonefly Italgreen and Gas brands, will open at least 4 stores this year. Currently, the company owns a network of 32 monobrand shops, 33% more than...
Supplier set to arrive before Mercedes
German-based Kolbenschmidt Pierburg, a producer of components for Mercedes A-Class engines, will invest up to 120 million euros in a plant in Dej, Cluj county. The same area is also the targ...
Ardaf set to double turnover and get rid of losses
Ardaf, one of the ten biggest insurance companies on the market, plans to end this year with gross underwritten premiums worth 100m euros, double the level reached last year. "Our goal is to...
Volksbank set to expand its offer
Volksbank, the eighth largest bank in the system in terms of assets, will introduce value-added products and service packages to its offer and drop its current strategy to stand out by offer...
Omniasig set to top 500m euros in 2010
Omniasig, which ranks second on the insurance market, will see turnover go beyond half a billion euros in 2010, according to the company's strategy for the following years. "First of all, we...
Loans taken in stores set to go up further
Consumer lending firms have ambitious plans for 2008, still seeing potential for sustained growth, of above 50%, after having achieved turnover increases at about the same rate this year. BR...
Bucharest car fleet set to grow 60% within 5 years
Bucharest will boast a fleet of over 1.6 million vehicles by 2012, up 60% against the number of vehicles estimated this year, according to a study conducted by the Division in charge of Driv...