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Curiero wants to cover 80% of the rural market
Curiero, one of the leading players on the local courier market, has budgeted a 5.6 million-euro business from postal services this year, 60% more than last year. Expansion on the rural mark...
Bathroom furniture brings 5m euros to Arthema
Timisoara-based Arthema, a producer of bathroom furniture, has estimated an approximately 5 million-euro turnover for this year, up 25% on 2006, when the company posted sales worth around 3....
Aviva to invest 35% of clients' money on BSE
Aviva Asigurari de Viata, already a licensed manager of optional private pensions, estimates it will sell the first pensions on May 15, says Corina Cucoli, bancassurance manager with the com...
Elmec increases personnel to sustain development
Yannis Lagos, a member of the managing board of Elmec, the domestic importer of Nike, has said he wants Elmec's number of employees to increase from 700 at the end of 2006 to 850 by June thi...
OTK to triple the turnover of its Romanian arm
Czech OTK group, which bought the flexible packaging unit of Tiger Somes of Dej, plans to triple the turnover of its Romanian branch in five years at most, says Petr Ryska, general manager w...
Omniasig to sell optional pensions to firms in its portfolio first
Omniasig Pensii Private, the Romanian company specialising in pensions of the Vienna Insurance group, is to focus on selling optional pensions to corporate customers from its portfolio this...
SCA invests 10m euros to expand cardboard plant
Packaging producer SCA Packaging Romania will start an investment project worth 10 million euros in expanding production capacity of its corrugated cardboard plant in Timisoara. The project...
Emporiki to reach 1.8bn-euro credits by 2011
Emporiki Bank has announced aggressive expansion plans for its Romanian branch network and intends to open over 140 subsidiaries by 2011. The Greek bank aims to reach credits worth 1.8 billi...
Tallest real estate complex in Bucharest to cost 220m euros
Cefin Real Estate Romania, the local branch of Italian company Cefin Holding, is to develop the highest real estate complex in Romania in the Capital, which will comprise a 36-storey office...