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BRD profit up to 42 million euros in Q1
BRD Groupe Societe Generale, the second-largest bank in Romania in terms of assets, yesterday announced a 150 million RON (42 million euros) net profit for the first quarter, an increase of...
Fewer workers to make 1.6bn euros worth of furniture 2010
Furniture production is set to advance gradually to 1.6 billion euros by year 2010, while the number of employees will decrease. Furniture consumption is going to get close to 900 million eu...
RTC group profit set to grow
Aurelian Trifa, the financial manager of RTC group, says this year''s reorganisation measures and expenses reduction will take the group''s operating income 25% higher. "Though the business...
First charter from abroad to Bucharest
Bucharest-based travel agency Blue Line Travel intends to operate up to six charter flights a week from Israel to Romania, stated Iulian Andrei, general manager of the company. The project w...
Fruhwald plans to spend 40m euros in Romania
Officials of the Austrian company Fruhwald, specialising in the production of cement prefabs, have announced that they intend to invest some 40 million euros in Romania in the next 10 years,...
Friesland to double investment pace
The general manager of Friesland Foods Romania, the biggest player on the local dairy market, says the company will double its investment this year, to 6 million euros. "The investment is ma...
Drug sales, up to 350m euros in Q1
The Romanian pharmaceutical market in the first quarter of this year reached the level of 350 million euros in acquisition prices, up 13% from a similar period last year, according to prelim...
Logan boosts Rombat profit to 3m euros
Rombat Bistrita, a car battery producer, last year registered profit worth 3 million euros (10.8 million RON), 38% higher year-on-year. At the same time, the company''s turnover advanced by...
Amica to open Romanian branch
Jacek Rutkowski, chairman of Amica, a producer of electrical home appliances, leader of the Polish market, says the Romanian market is dominated by tough competition, but is full of opportun...