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Drug sales up 20%
Drug sales on the local market reached 5.47 bn RON (1.55bn euros) last year, a 19.2% increase, according to research company Cegedim Romania. "The last quarter of 2006 saw the increase in gr...
Henkel adhesive sales up 50% in January
Henkel Romania, the local subsidiary of the German group Henkel, saw a 50% increase of its adhesive sales in January compared with the same time last year, thanks to the favourable weather a...
Billa Romania to speed up expansion pace
Wolfgand Janisch, general manager of Billa Romania says the supermarket network will speed up its expansion pace and it may reach 150-200 stores in 10-15 years. Billa Romania, the first inte...
Trade deficit up 45% to 15 billion euros
Romania's trade deficit (the difference between exports and imports) last year approached 14.9 billion euros, up 45% against 2005, according to data from the National Statistics Institute (I...
Aon's business up 37%
Insurance broker Aon Romania last year posted a 7.5 million-RON (2.1 million-euro) turnover, up 37% against the figure for 2005. "The value of insurance and reinsurance premiums brokered in...
Overall advertising, up 30% in gross values
Romanian advertising reached a new peak last year increasing to approximately 3.72 billion euros. Advertising is one of Romania's most dynamic sectors at present. This is confirmed not only...
Orkla revenues up 40%
Orkla Foods Romania, the local subsidiary of Norwegian group Orkla Foods, last year saw a 40% increase in its revenues, after integrating the businesses acquired in 2006. "Revenues witnessed...
La Fourmi steps up network expansion
Alexandros Tsintzilonis, managing director with the La Fourmi network, says Global Finance Greek investment fund will triple the number of supermarkets taken over in 2005 from the founders o...
Creditcoop assets up 32% in 2006
Cooperative credit company CREDITCOOP (under the NBR's supervision since September 2002) held assets worth 159.7 million euros, i.e. 0.3% of the total assets of commercial banks at the end o...