with
471 articole · RSS
AVAS: Petrom's privatisation conducted in compliance with the contract
OMV was one of the buyers that did not create any trouble for the State Assets Resolution Authority (AVAS) in the post-privatisation monitoring process, as the institution closely followed t...
100% more clients with overdue loans to at least 2 banks
Out of the 38 banks that operate in the domestic banking system, 27 are expected to report positive information concerning loans granted to customers by yearend, an increase from only 13 ban...
Portland Trust back with 2 major projects
Portland Trust, the developer of Opera Center office building in Bucharest, has started developing two large real estate projects located in northern Bucharest. "We'll erect an office buildi...
Tnuva: Romanian-made dairy with Israeli know-how
Less than 20 kilometres away from Bucharest, on former arable land, 30 trucks displaying the logo "My fine yoghurt" and "My Sana" leave the dairy facilities of the Tnuva Israeli group every...
Contracts with brewers drive Arca Schoeller turnover to 3m euros
Arca Schoeller Systems, which manufactures plastic packaging for companies such as Coca-Cola, Pepsi and Heineken, expects to reach revenues worth 3 million euros this year, four times bigger...
Merger between two companies with total assets worth 50m euros
Millennium Estate and European Property Millennium Company, which are operating on the real estate market, merged at the beginning of this month, with the former absorbing the latter, accord...
Friesland to rely on products with higher added value
Gerbrant de Boer, general manager of Friesland Foods, the producer of the Mili and Napolact brands, has explained the company's decision to increase the sale of products with a higher added...
Raiffeisen has 700 clients with a wealth of over 40,000 euros
Raiffeisen Exclusive, the brand under which Raiffeisen Bank's private banking service operates, has now reached 700 clients, up by almost 200 people against April. The volume of assets it ma...
Spumotim clashes with multinationals over skilled workers
Polyurethane foam producer Spumotim Timisoara expects to derive a 22 million-euro turnover this year, an increase of 10 percent on 2006, whilst first half results support these estimates. "W...