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Bunge to export 15-20,000 tonnes of vegetable oil to Bulgaria
Bunge Romania, the leader of the domestic vegetable oil market will start to export approximately 15-20,000 tonnes of vegetable oil to the Bulgarian market in September this year, that is al...
Nine out of ten truck fleets belong to Romanians
Nine out of the top ten freight carriers that own the largest fleets on the domestic market are Romanian companies established by local entrepreneurs. All together, the top ten transporters...
ATT pays a minimum of 500 euros to skilled staff
Viorel Niculescu, general manager of Automotive Trading Team, the dealer of Land Rover and Jaguar, says that the minimum wage of skilled personnel in a car service centre stands at 500 euros...
Vinterra producer poised to complete sale
The shareholders of wine producer Vinterra are negotiating the sale of the majority interest with a foreign investor, with talks almost at an end, according to company data. The list of inte...
Medcenter has 9 millon euros to invest this year
Medcenter, a private medical services provider, has this year earmarked an investment budget worth 9m euros for two new clinics in Bucharest, an imaging centre and two clinics in the country...
Lactalis brings first French managers to LaDorna
French dairy producer Lactalis, which bought the LaDorna group from businessman Jean Valvis, has appointed its first expat managers to run its operations in Romania. The main positions targe...
Imported gas to exceed $600/1,000 cubic metres
The Germans at E.ON Gaz Romania and the French at Distrigaz Sud are warning that the price of imported gas will reach as much as 600 dollars per 1,000 cubic metres in the fourth quarter comp...
Raiffeisen's profit rises to 74 million euros
Gross profit stood at 89.3 million euros, up 67% against the first six months of 2007. The results were calculated in line with international financial reporting standards and only concernin...
Parmalat bets on major clients to offset cost increase
The profit of Parmalat Romania, the producer of Santal juices, could resume a downward trend this year given the increase in the costs of the company and the slowdown of the market's develop...