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Oil Terminal misses profit target due to Rafo shutting down
Harbour operator Oil Terminal saw a 63% drop in the net profit last year, while its turnover went down by approximately 5%. Company representatives say the main reasons for this decline were...
Real printing house to reach 10m-euro business
Printing house Real, one of the main producers of financial-accounting forms on the local market, estimates the companyes business will reach 10 million euros this year, up by more than 60%...
Billa Romania to speed up expansion pace
Wolfgand Janisch, general manager of Billa Romania says the supermarket network will speed up its expansion pace and it may reach 150-200 stores in 10-15 years. Billa Romania, the first inte...
Medsana plans to open new centre in Ploiesti
The Medsana clinic network has invested 4 million euros on the local market so far, with part of the money coming from the profit it derived, says Vassilis Chaniotis, the general manager of...
"Unorthodox" steps taken to slow down lending boost short-term foreign debt
The short-term foreign debt, mostly generated by the private sector, is "completely open to growth" and has become a factor that cannot be overlooked by the NBR, even a reason for concern, N...
Wolf Theiss domestic office could expand to 35 lawyers
The local office of Austrian law firm Wolf Theiss has currently reached 25 lawyers, whereas at the beginning of 2006, the company employed less than ten. "We will go to schools in order to a...
Egger to export 60% of Radauti output
More than half of the wood based panel production of the facility in Radauti built by Austria's Egger group will go abroad, says Georgios Natsos, chief financial officer with Egger Romania....
BCR network to be modernised in three years
The branch network of Banca Comerciala Romana (Romanian Commercial Bank - BCR) will undergo fundamental changes starting this year, with one of the main projects involving a new organisation...
Electrica unable to buy electricity on OPCOM platform
The tenders scheduled by Electrica for the acquisition of electricity through the platform managed by OPCOM yesterday were cancelled, as no supplier had submitted any offers, OPCOM represent...