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Marfin aims to double its business next year
Greek-based Marfin Bank, which operates a bank and a leasing company on the Romanian market under the Egnatia brand, aims to double its business again in 2008. "Over the last three years, th...
Pharmaceutical market to exceed 2bn euros in 2008
The Romanian pharmaceutical market is expected to grow by around 15% in 2008, to 2.2bn euros, in line with the estimates made by major players in the industry. As a result, drug sales will m...
BCR to bring five funds onto the market by mid-December
BCR Asset Management, the investment management division of the financial group BCR-Erste, will launch five open-end investment funds on the market midway through December, two months after...
Gucci set to launch on Calea Victoriei
It's official, the Gucci brand will enter the Romanian market in 2008. Two stores are scheduled to open next year via a company (rather than a franchise) with 40% of shares held by Gucci Gro...
European Drinks set to start production abroad
European Food & Drinks group, owned by brothers Ioan and Viorel Micula, is now visiting countries such as Poland, Bulgaria, Ukraine and Russia to launch foreign production as part of regiona...
PayPal to help double online shopping from abroad
Gecad ePayment, an integrator of e-commerce solutions, has introduced PayPal as a means of payment for merchants that use the ePayment system, and expects to see a doubling of its sales made...
Siceram expects to triple market share
Sighisoara-based Siceram, a producer of ceramic construction materials based in Sighisoara, expects to increase its market share to 7%, against 2% at present, after it completes its the new...
Tuborg to boost canned beer production by 30%
United Romanian Breweries Bereprod (URBB), the producer of Tuborg, Carlsberg and Skol beer brands, will invest around 16 million euros in order to expand production capacities next year. "Fo...
Retailers take image campaigns to prime time
Promotion on national TV channels is a communication policy only leaders of supermarket and hypermarket segments embrace, with the high costs compared with other promotion ways as one of the...