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Plastic packaging producers take small, but fast steps
Financial results show that it is possible for a firm that has operated for 3 years in the industry of film and flexible packaging to derive a turnover worth 530,000 euros, provided it has a...
Drought may take agricultural insurance to 25m euros
The heavy losses they are faced with might make agricultural producers decide to insure a larger part of cultivated areas. This year's prolonged drought, which has caused farmers to lose ten...
Kia Romauto to take over weak dealerships
Dan Chitaru, the general manager of Kia Romauto, the official representative of Kia automobiles domestically, says the importer will buy minority or majority stakes in the dealerships whose...
Hot weather to take ice cream sales over 100m euros
Ice cream producers, which derive 80-90% of their sales during the summer season, are counting on turnover increases as high as 40% this year, as a result of the high temperatures that helpe...
NBR: Banks can easily take up to 19% RON decline
The National Bank has come to the conclusion that a 19% exchange rate increase would not have significant effects over banks' balance sheets or gains, given that they have low foreign curren...
Ford intends to take over Daewoo Craiova
Ford Motor has voiced interest in buying the Craiova-based Daewoo plant with a view to expanding production capacities, in order to cover the high demand from the European market, the CEO of...
RAAL Bistrita to take out credits worth 40m-euros
RAAL Bistrita, a producer of equipment for the automotive, agriculture and constructions industries, intends to consolidate its position abroad, by taking out credits worth 60 million RON (1...
Investments take their toll on bank profits
The top ten players in the banking system made an almost 600 million-euro net profit together in 2006, yet the growth was slower than in the previous years. Four leading banks even posted lo...
Cardiovascular drugs take Sanofi's business to over 115m euros
Sanofi-Aventis, the third largest player on the Romanian drug market, estimates it will see an over 15% increase in sales this year against 2006. "We expect our growth rate to exceed the mar...