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Angst to cut product range, expand network
The general manager of charcuterie producer Angst says he will start restructuring the product portfolio this year, to adjust to European trends. "If pushed too far, diversification is non-p...
Foreigners to enter drug distribution market
Robert Popescu, general manager of Relad, one of the top three pharmaceuticals distributors, believes that the entrance of international players on the market soon is inevitable. "In the con...
Raiffeisen to focus on sales
Raiffeisen Romania is completely reshuffling its operations, adopting a model that predominantly focuses on product and services sale activities. This process will have an impact this year''...
Zaharul Oradea invests 10m euros to save on costs
Zaharul Oradea, part of Germany''s Cristal Union group, announced investments of approximately 10 million euros for this year, targeting a project related to energy saving and cost reduction...
Pambac to increase sales force by 60%
The general manager of Pambac, one of the leading players on the milling and bakery market, says the company will hire over 80 people this year, mainly for the sales department. "The decisio...
Insurance market close to 450m euros in Q1
Insurance companies operating on the Romanian market in the first three months of this year underwrote gross premiums totalling 446.4 million euros (1.58 billion RON), stated Nicolae Crisan,...
Murfatlar set to focus on China and Russia
Radu Morar, marketing manager with Murfatlar, one of the biggest wine producers domestically, says exports will account for 20% in the company''s turnover this year. "After having strengthen...
Real prepares to expand
Real Hypermarket Romania, the company operating Real hypermarkets on the local market, increased its share capital by 20 million euros, according to the Official Gazette. The company announc...
Luxury flat prices set to rise
In Romania of 2010, the medium-income segment of the population will benefit from the strong development of the residential sector. Real estate developers will be coming up with projects for...