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Zarea tries to regain market share
Sparkling wine maker Zarea Bucharest has relaunched the Zarea vermouth on the market, as part of its strategy to regain some of its market share on the spirits segment. Also this year the co...
ECB interest rate hike to blame for decline on BSE?
Stocks on the Bucharest Stock Exchange started the week by going down, confirming the trend seen at the end of last week. All stock markets in the region ended the day in decline. The BET in...
Somes Dej to introduce silk paper
Cellulose and paper producer Somes Dej, which is part of the Serviciile Comerciale Romane Group, held by businessman Stefan Vuza intends to launch silk paper on the market next year, with th...
Renault to ship 5,000 Logans to Italy
French carmaker Renault expects to sell 5,000 Logan units on the Italian market next year. "This is a sales forecast for next year, not a target, as this figure could be exceeded. The sales...
Brau Union aims to improve profitability
Brau Union Romania''s commercial manager is pursuing a strategy based on two elements: the increase in market share and in profitability. The taking over of a top position in a market leadin...
Meda restructures to keep up
Home appliances and apartment heating systems distributor Meda Oradea anticipates turnover to stand at 35 million euros this year, an increase of 9% on 2004. "Turnover this year is close to...
Continental to invest 25m euros
Tyre maker Continental Automotive has set out to boost the production capacity of its Timisoara-based factory by nearly 12% in 2006. Some 25m euros have been allocated in order to attain thi...
6bn - euro firms left to privatise
Over the next few years, the Ministry of Economy and Trade will privatise most of the 142 companies it still holds, whose share capital totals 5.8bn euros, according to the Economic Pre-Acce...
Private "postmen" push Curiero up to 4.2m euros
National courier company Curiero estimates turnover will almost triple this year, to 4.2 million euros, mainly due to the development of a nationwide document management and distribution net...