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Price change drives Ballantine's sales to over 8m euros
Pernod Ricard, one of the biggest importers of alcoholic beverages on the domestic market, with turnover worth 10.8m euros last year, could post sales of above 8m euros this year for Ballant...
CME aims to expand on other markets using Romanian model
Central European Media Enterprises (CME), the US-based broadcasting company that controls PRO TV aims to expand through acquisitions on new markets in Central and Eastern Europe, in case the...
Selgros likely to reach 1bn-euro mark within a year
"We enjoyed a 27% sales increase in the first half of 2007 against the same time in 2006, and we hope to maintain the same growth rate until the end of the year," said representatives of Sel...
Government cuts funds for wages and roads to pay for pensions
After four years in office, the Government has shifted its focus from transport and infrastructure to education, pensions and social security, with regard to the budget. The 2008 budget focu...
GE in talks with Petrom to become its turbine supplier
General Electric (GE), a company ranked sixth in the Fortune 500 ranking, is in talks with Petrom to become the turbine supplier for the 800 MW gas-powered plant, which Romania's largest com...
Raiffeisen to fund both developers and their clients
After having aggressively entered the market of real estate project financing, Raiffeisen is preparing to launch a product through which it can release loans both to developers and their cus...
Westhill to develop Ploiesti's largest mall
The shopping centre (Magnolia Center) will have an area of 120,000 square metres and will also include leisure space. "The financing of the Ploiesti project will come from bank loans and fro...
Plaza Centers to develop 15 shopping malls within 5 years
Plaza Centers, developer of the Casa Radio (Radio House) project in Bucharest, intends to buy another three plots of land by the end of this year, where it plans to develop shopping centres....
NBR Governor Mugur Isarescu asks Government to watch its spending
The NBR insists on requesting support in its battle with inflation, especially from the Economy and Finance Ministry, as it increases its focus on bringing the current account deficit under...