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Dominic Bruynseels has until December to come up with BCR strategy
British businessman Dominic Bruynseels effectively took over the duties of chief executive at BCR yesterday, after having travelled extensively throughout the country with Manfred Wimmer in...
Orange: We'll end up luring new clients away from rivals
The telecom market is set to expand rapidly with operators expected to poach one another's customers. Mobile Internet services will be crucial to operators' ability to maintain high revenue...
Michelin turnover up 11%, to 340m euros
Michelin Romania, which operates two tyre plants and a metallic cord production facility, posted turnover worth 340 million euros in 2007, up by around 11% against the 306.8 million euros de...
Cost of holidays up almost 20% due to higher oil prices
Oil prices of 140 dollars per barrel are leaving their mark on the prices Romanians pay for holidays. Travel agencies say summer holidays spent abroad are this year 12-20% more expensive on...
Remy Cointreau drives BDG's turnover up by 140%
BDG, the importer of the Jack Daniel's and Corona brands, posted turnover worth 39.4 million RON (10.6 million euros) in the first five months of this year, up 139% against the same time las...
Comvex could take out investment credit worth up to 20m euros
Bulk handling terminal Comvex in Constanta intends to take out an investments credit worth up to 20 million euros, with a decision to be reached by the shareholders on July 17, the company a...
dufa Deutek paint sales up 20%
dufa Deutek, held by American investment fund Advent international, saw a 20% increase in varnish and paint sales in the first five months of the year compared with the same time last year,...
Travel agencies see revenues up 25%
Romania's EU integration, Sibiu's appointment as a European capital of culture, the lack of bad weather to hurt the profits of the seaside resorts and the diversification of charter flights...
Marsh's turnover, up 82% in first quarter
Marsh, the local division of the largest insurance broker worldwide, ended the first quarter of this year with turnover worth 2 million euros, up 82% compared with the same time last year. I...