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Nestle set to boost exports
Paul Nuber, the general manager of Nestle Romania, says the next three years may see the company enter new markets and continue to acquire companies, in the wake of Romania's recent EU acces...
Investor Compensation Scheme can only afford to reimburse 85 investors
The Investor Compensation Scheme (ICS), established two years ago to ensure safety for investors on the capital market, can only afford to compensate several dozen investors out of the about...
Siemens announces plan to take over Frosys
Siemens SRL has announced it intends to take over 100% of the shares of automation company Frosys SRL, based in Cluj-Napoca. It also intends to integrate the Cluj-based company into its divi...
Match Point to import wine from Chile
Cluj-based shareholders of Match Point, the biggest match producer on the local market, decided at the end of last year to invest in the international wine market, by creating Vino Vero, a c...
Moda Arad continues to rely on exports
Arad-based Moda, a local producer of women's off-the-peg clothing, estimates a turnover worth 4.2 million euros this year, up by over 5% against 2006. "The factors we are relying upon are in...
Woman cumulates overdue loan payments to 13 banks
A woman has overdue payments to no less than 13 commercial banks after taking out a long series of credits throughout 2005 and 2006. The first overdue payments appeared at the end of last ye...
Energoconstructia to partner for infrastructure works
Energoconstructia, one of the biggest construction firms, is to enter the segment of infrastructure works this year and start developing a real estate project. Foreign firms' soaring interes...
Dairy products drive food retail growth to over 20%
Dairy products witnessed the strongest dynamics in overall retail sales of consumer goods last year, registering growth of over 60% for the categories of milk and milk-based deserts, shows a...
Give back to the community!
Titlul nu-mi apartine. L-am vazut, sub forma de banner, pe un site al romanilor din Ontario (www.arcweb.ca), care se vrea un fel de liant al comunitatii de aici. Nu stiu cine sunt administra...