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Private medical services market: close to 1bn euros by 2012
The market of private medical services could reach 890m euros by around 2011, more than double the 350m euros forecast for this year, a period during which cities other than Bucharest will c...
Colgate-Palmolive plans to sell Brasov plant and land
Colgate-Palmolive could collect over 7 million euros from the sale of its Brasov-based plant, after it shuts the unit down and transfers local production to Poland. "The company intends to s...
Romanians' overdue payments to banks are worth 190m euros
The population's overdue payments for bank credits accelerated in April, and reached 690.6 million RON (almost 190 million euros), with the highest share being accounted for by credits taken...
Marin: Restructuring can fail if no attention is paid to details
Marius Marin, the current CEO with construction materials producer Macon Deva, who has helped to restructure several companies such as Tofan Group, Uton Onesti and Mefin Sinaia, says a compa...
Holcim set to become largest cement producer
Holcim Romania, the local subsidiary of Swiss group Holcim, targets a production capacity of around 6.4 million tonnes of cement by yearend, up 30% on last year, after the company modernised...
Dominic Bruynseels has until December to come up with BCR strategy
British businessman Dominic Bruynseels effectively took over the duties of chief executive at BCR yesterday, after having travelled extensively throughout the country with Manfred Wimmer in...
Sandwich makers to target coffee shops and restaurants
Producers on the "ready-to-eat" market are struggling to find suppliers for sandwich production, on a market that now, after several years, brings entrepreneurs revenues worth 700,000 euros....
Product diversification drives Friesland turnover to over 137m euros
Friesland Foods Romania, leader of the local dairy market, estimates turnover worth over 137 million euros this year, up 20% against last year, amid an expansion of its product range. The pr...
Government securities close to floating
Technical tests aimed at determining whether government securities should be listed on the stock exchange are drawing to a close. The instruments will start trading depending on regulatory f...