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Tnuva enters retail market through its own distribution system
Tnuva Romania producer, the latest player to have entered the dairy market, has put together its own distribution system for dairy products and aims to extend its coverage to encompass every...
Brinel to expand through acquisitions
Marcel Borodi, CEO and majority shareholder of the Brinel group of companies, believes the IT market's accelerated growth rate is primarily due to the maturity of clients, although, accordin...
Ardaf goes through reorganisation
Insurance company Ardaf, taken over at the beginning of this year by the Czechs at PPF Investments, has announced that this year it will go through a reorganisation process, with the first s...
General Motors financing division arrives in Romania through Raiffeisen Leasing
Raiffeisen Leasing International sealed a partnership for cooperation in Central and Eastern Europe with GMAC, the financial services division of General Motors, and Romania will be the firs...
Martens to expand its market share through store chains
Galati based beer producer Martens, one of the middle-sized companies on the local market, estimates a 25% increase in turnover and an increase to its market share, after having completed in...
Credit Europe Bank approaches SMEs through regional centres
Credit Europe Bank, the former Finansbank, intends to attract 6,000 clients this year on the segment of small and medium-sized enterprises (SMEs) and by opening six regional centres for SMEs...
Euler Hermes aims for 1.5m-euro premiums through Romanian office
Euler Hermes, one of the worldes largest providers of trade credit insurance, plans to underwrite gross premiums worth more than 1.5 million euros this year through its Romanian office. "Eul...
Australians at QBE could arrive through acquisition
Australian insurance company QBE Insurance is examining the possibility of entering the Romanian insurance market by means of acquisition. "QBE currently operates in eight Central-European c...
MKB to fund major projects through Romexterra
MKB to fund major projects through Romexterra