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UniCredit Tiriac net profit up 48% to 79m euros
UniCredit Tiriac, the local branch of the largest Italian financial group, posted net profit worth 79 million euros last year, up 48% on 2006. Converted in RON, the net profit stood at 263.1...
Paralela 45 thought to be worth 20m euros
Paralela 45 travel agency, which last year managed to dethrone its main rival, Eximtur, from the second position on the market through 40m-euro turnover, is worth around 20m euros. "I evalua...
BCR Leasing grants 70m euros to real estate developers
At the end of 2007, BCR leasing launched a product for funding construction projects. The projects can be office buildings, industrial buildings, commercial ones or residential complexes, wh...
E.ON: gas prices expected to rise 20%
Natural gas distributor E.ON Gaz Romania says the price of natural gas could increase by 12% from April 1, while the annual increase is set to finally stand at 20%, so that domestic price ri...
PharmaFarm to take out credit worth 15m euros
Drug distributor PharmaFarm, based in Cluj-Napoca, will contract a banking credit worth 15 million euros, for which company assets will be pledged as collateral, the company reveals. Origina...
Colgate-Palmolive to close Romanian plant
American group Colgate-Palmolive, the largest worldwide manufacturer of toothpaste, has announced it will terminate production in Romania, and close down its only local plant in Brasov. The...
Dacia changes logo in a bid to remain up-to-date
Rafael Treguer, marketing manager of Automobile Dacia, says the new logo for the Dacia models has been introduced in an attempt to bring its image up to date, given the positive reception of...
Head of Rompetrol Moldova to coordinate relations with KazMunaiGaz
The former Prime Minister of the Republic of Moldova, Ion Sturza, gave up the management of Rompetrol Moldova, but recently took over the position of deputy general manager of the petroleum...
Primola's founder: it remains difficult to enter foreign markets
Since turning Primola into one of the top brands on the domestic chocolate market, Supreme Chocolat now plans to shift its attention towards foreign markets, but expects a long road ahead as...