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Conpet-Petrotrans merger this March
Oil carrier Conpet Ploiesti is due for a merger by absorption with Petrotrans by the end of March, so that the State would end up owning only one oil carrier, Conpet. The project to break up...
Brenntag sees 18m euro revenues this year
Chemical products distributor Brenntag Romania estimates to make 18 million euro turnover this year, up 36% from 2003, the company's executive manager Alexandru Badea said. Brenntag Group is...
GFS headed for $100m this year
Developing the supermarket chain and introducing as many brands through franchises in Romania as possible are the ways Razvan Petrovici, general manager of the GFS Group, plans to use to boo...
Petrom focuses on motels this year
Subject of an ongoing privatisation, Petrom proceeds with its investment plans for its core business (oil) and primarily for its collateral businesses, such as motels, unhindered. The Nation...
Connex looking for 20% growth this year
Mobile telephony operator Connex expects to grow three or four times faster than the domestic economy this year. "Connex will be looking for considerable growth in 2004 over 2003, about 15%...
Grey prospects ahead of Romanian economy in this year
The Romanian foreign trade risks going adrift, as the authorities cannot find levers to contain the skyrocketing of imports, while the incompletely restructured economy is unable to sustain...
Romsoft up nearly 50% this year
It looks like 2003 has been a good year for the Romanian companies distributing and selling IT equipment. After market research company IDC announced three domestic companies, i.e. Flamingo,...
MYO-O seeders up 15% this year
MYO-O Group, the majority shareholder of farming machinery producer Semanatoarea Bucharest, will make more than 15 million euro turnover this year. "Our market has plunged this year because...
Imports heavier this time
Trade deficit crossed the half-billion boundary to 515 million euros in September, given that imports gained 21.7% from the previous month and the exports were slower, progressing by a mere...