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Ursus invests to boost production
The chairman of Ursus Breweries, the second-leading company on the domestic beer market, says the strategy SAB Miller chose to follow in Romania is primarily being built on domestic brands....
Unilever moves all businesses to Ploiesti
Unilever South-Central Europe (USCE), the consumer goods company producing Rama margarine, Dero detergents and Knorr sauces, is transferring all its businesses to Ploiesti. Thus, the margari...
Asirom forced to accept minority shareholders
The chairman of Asirom''s Board of Directors, Nicolae Iliuta, will have to call a General Meeting of Shareholders by April 6 to have members of the Board of Directors elected by cumulative v...
Lafarge changes Romcim to Ciment
The Board of Directors of the Lafarge Romcim company proposed to the shareholders to modify the name of the French group''s local branch from Lafarge Romcim to Lafarge Ciment. The Lafarge gr...
Buyers in good faith might have to give their Biofarm shares back
The state is supposed to become the main shareholder of Biofarm Bucharest again, according to a court ruling delivered at the end of last month, whereby the State Assets Resolution Authority...
Artego wants to borrow 3 million euros
Artego Targu-Jiu, a producer of rubber conveyor belts for the mining industry, intends to contract a credit worth 3 million euros to fund capital repairs and upgrade programmes. The credit w...
SIF Banat-Crisana tries to distribute bonus shares
SIF Banat-Crisana will propose its shareholders to increase the share capital and distribute bonus shares. It is the first of the SIFs (Financial Investment Companies) that proposes to distr...
Investments in auto industry to exceed 8bn euros by 2010
The pace of investments targeting the automobile industry will maintain and even speed up in the medium term, with production relocations from Western European countries to generate a steady...
Direct sales firms to see strong expansion after EU integration
The direct sales system (Multi Level Marketing), almost unheard of in Romania until several years ago, will gain solid ground once international companies endorsing this system enter the Rom...