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Financial news from Romania
Buzau-based Gerom invests in expansion
Financial news from Romania
Tuesday, 12 December 2006
Buzau-based Gerom intends to invest some 62 million euros by 2010 to expand production of car window glass and glass packaging. The glass manufacturer will invest 48 million euros
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Dexia-Kom, 500m-euro business from one office
Financial news from Romania
Tuesday, 12 December 2006
Dexia-KommunalKredit has granted 500 million euros in funding to municipalities through the Bucharest-based office it opened in July last year. "In 2006, the office will see a net profit
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Dacia Logan Van to see 120m-euro sales a year
Financial news from Romania
Tuesday, 12 December 2006
Dacia will introduce the third variant of the Logan model in January. Vice-chairman of Automobile Dacia, Constantin Stroe, stated that production of the model would be set at 40
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Petrom buildings bought by Dimofte family
Financial news from Romania
Tuesday, 12 December 2006
Bucharest-based Practic, controlled by Zerlin Dimofte, father of the head of one of the biggest players on the local real estate market - Radu Dimofte, acquired a set of
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Economic growth up to 7.8% three quarters into the year
Financial news from Romania
Monday, 11 December 2006
The National Statistics Institute is releasing the figures regarding the nine-month economic growth today, which official sources put at 7.8%. The economy sped up by more than 8% in
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Important things for a strong fuel station brand
Financial news from Romania
Monday, 11 December 2006
The creation of a brand for a filling station network can help a company boost its popularity and turnover. Considered carefully, details such as the dominant colour or the
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Ceramic tiles market to grow for seven years
Financial news from Romania
Monday, 11 December 2006
Spanish ceramic tiles producers, the biggest suppliers on the domestic market, consider Romania will witness rising ceramic tile sales until 2013, with growth to be triggered by real estate
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ING Real Estate to invest 200-300m euros
Financial news from Romania
Monday, 11 December 2006
Kijs Klomp, general manager of the local branch of ING Real Estate Investment Management (ING-REIM), says the domestic retail market will be the main growth driver of the real
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Imports of Jack Daniel's will increase
Financial news from Romania
Monday, 11 December 2006
Petru Berciu, managing partner of BDG Import, the importer of Jack Daniel's whisky, Corona beer and Evian mineral water, believes the product portfolio of an importer must be strong
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Aerostar expects 2.9m-euro profit
Financial news from Romania
Monday, 11 December 2006
Aircraft producer Aerostar Bacau has budgeted net profit worth 10.17 million RON (2.9 million euros at an exchange rate of 3.45 RON/ euro) for 2007, 73% more than the
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Abbott aims for 2% of the market
Financial news from Romania
Monday, 11 December 2006
The local branch of the American pharmaceutical company Abbott Laboratories posted sales worth over 15 million euros in the first three quarters of this year, 22.9% more against the
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