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Nivea pushes Beiersdorf sales up 20%
The Romanian branch of German cosmetics company Beiersdorf AG (BDF), best-known for its Nivea brand, estimates sales to reach 18 million euros this year, up 20% since 2001.The company's resu...
Arcelik is cooking up spectacular change at Arctic
It's been only several weeks since the officials of Turkish group Arcelik arrived at Arctic, but they have already reached several decisions bound to make a spectacular impact on the Gaesti-...
La Fourmi expects sales to go up 20%
La Fourmi, one of the first supermarket chains established on the Romanian market after 1990, estimates to sell more than 15 million euros' worth this year, that is nearly 20% higher compare...
More names to come up in BTR investigation
The beginning of next year could bring new revelations in the case of Banca Turco-Romana (Turkish-Romanian Bank), with the list of those guilty for its bankruptcy including "big names", bank...
Raiffeisen Bank and AIG Life team up
Raiffeisen Bank Romania has decided to become more involved in the insurance field. Although considering 2003 will be the life insurance year, the bank has chosen not to venture alone on thi...
Industry and trade slightly up
Industry and retail trade will register a slight increase over the next three or four months, according to a survey conducted in November by the National Statistics Institute (INS) among the...
J'Info Tours sales up 50%
Travel agency J'Info Tours forecasts $12m turnover for this year, up 50% since last year, Cristina Irimia, the company's marketing manager told Ziarul Financiar. "Turnover exceeded nine mill...
Crowne Plaza to pick up the growth pace
Bucharest-based Crowne Plaza hotel posted turnover worth $7.5m in the past fiscal year (which ended in September, according to international records). Turnover did not budge since last year,...
Car sales pick up, yet below estimates
New vehicle sales have gone up more than 21% in the first ten months of the year, compared with the same time in 2001, reaching 90,695 units. The figures are much below the estimates release...