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Delaco expects turnover to double
Tudor Comaniciu, the majority shareholder in Delaco, a major player on the domestic market of cheese products, with turnover worth around 17m euros last year, says that turnover doubling thi...
easyJet: new flights to London and Madrid
Low-cost airline easyJet, which on September 10 introduced its first flight on the Romanian market on the Bucharest-Milan route, inaugurated two new flights on Monday, which depart from the...
Radu Craciun set to join Interamerican Pensii
Radu Craciun, 45, a renowned economic analyst, is set to become chief investment officer at Interamerican Pensii, the specialist unit of Interamerican insurance group, according to market so...
Terapia Ranbaxy to transfer production of 8 drugs to Romania
Drug producer Terapia Ranbaxy has increased the production capacity of its Cluj-based plant by 20%, which will enable the production of eight drugs to be transferred from India to Romania. "...
Zapp set to be bought by Saudi Oger
Saudi Arabia-based group Saudi Oger is negotiating the takeover of the stake held by American company Qualcomm in the Romanian company Telemobil, which operates the mobile telephony network...
AZT Moderato, first voluntary pension fund to top 1m RON
AZT Moderato, a voluntary private pensions fund (3rd pillar) managed by Allianz-Tiriac Pensii Private (Allianz-Tiriac Private Pensions) has become the first fund that has to implement the st...
Porsche roars to 12.7m-euro sales
Sales of Porsche cars are poised for a 72% jump this year, compared with 2006, up to some 12.7 million euros. The German brand's officials have revised their 2007 estimates upwards, up to 15...
Michael Porter: companies need to be a little schizophrenic
This is what Michael Porter says to managers complaining that situations are changing too rapidly to allow companies to draw up long-term strategies: "If you want to stand out as a leader, y...
Tuborg invests 60-90m euros to double capacity
United Romanian Breweries Bereprod (URBB), the bottler of Tuborg and Carlsberg beer brands on the Romanian market, is expected to make investments worth between 60 and 90 million euros, in o...