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Roexpres to be taken over by Austrian investor
Domestic courier company Roexpres has received an acquisition offer from an Austrian company, with the transaction likely to be completed towards the middle of the year. "We received several...
Porsche intends to sell 130 Porsche cars
Porsche Romania, importer of the Porsche brand on the local market, aims to sell 130 Porsche-branded vehicles this year, 50% more than the 87 deliveries made in 2006, according to company re...
Neoset to open eight stores this year
Neoset, a furniture manufacturer and retailer, intends to expand its store network by another seven or eight outlets this year. Currently, the company owns over 15 retail outlets throughout...
Emporiki analysts: Small players will be forced to merge
Greek banks have to expand rapidly in order to reach a level that would allow them to play a significant role in the South-Eastern European region, in the next stage of mergers and acquisiti...
Campofrio plans to enter fish products market
Ovidiu Wencz, the general manager of Tabco-Campofrio, one of the main charcuterie producers domestically, stated he planned to enter the fish products market in 2008, given that this market...
Romaqua to invest 31m euros in brewery
Romaqua Group, the largest mineral water producer on the local market, has budgeted investments worth approximately 31 million euros in the construction of a brewery in Sebes, (Alba county)...
Mr. Bricolage to invest 16m euros in stores in Bucharest and Pitesti
Do-It-Yourself store network Mr. Bricolage will open two stores this year in Bucharest and Pitesti, in which it will invest up to 16 million euros. "We will invest 7-8 million euros for each...
Citibank: Local market insufficiently developed to attract significant resources
The local market is still insufficiently developed to attract significant resources over long periods, says Razvan Badalicescu, the head of the Coporate Banking division within Citibank Roma...
Terapia Ranbaxy to create Cluj-based platform for EU expansion
Pharmaceuticals company Terapia Ranbaxy has received from the National Drug Agency (ANM) the Manufacturing and Import Authorisation according to the EU norms and standards for its Cluj-based...