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Financial news from Romania
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Friday, 08 December 2006 |
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Last week, IT distributor RHS Company bought 51% of TNT Games, a local company that distributes game consoles and video games. Officials of the two companies disclosed to ZF |
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Financial news from Romania
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Friday, 08 December 2006 |
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Kraft Foods has announced it will sell its Sugus and Silvana confectionary businesses in Romania, as well as its stocks and fixed assets to Kandia-Excelent SA. The buildings and |
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Financial news from Romania
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Thursday, 07 December 2006 |
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Wolfgang Ruttenstorfer, chairman and CEO of OMV, the majority shareholder of Petrom, yesterday said that OMV was not interested to buy Petrom shares from the state's stake. The group |
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Financial news from Romania
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Thursday, 07 December 2006 |
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Bogdan Mihail, deputy chairman with Prodal '94, the producer of Wembley gin, says the category of low-price products, approached as late as this year, will generate 10% of overall |
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Financial news from Romania
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Thursday, 07 December 2006 |
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E.ON Gaz Romania, the former Distrigaz, the natural gas distribution company controlled by the Germans from E.ON Ruhrgas, will not be able to step into the black this year.
That |
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Financial news from Romania
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Thursday, 07 December 2006 |
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Arnos Oradea, a pasta producer owned by two domestic investors, expects its turnover to surge by 50% next year, to 5.5 million euros, amid rising production capacities and the |
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Financial news from Romania
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Thursday, 07 December 2006 |
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The real estate arm of Austrian group Volksbank, Premiumred Real Estate Development, is likely to develop investments in Romania worth between 300 and 400 million euros, over the following |
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Financial news from Romania
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Wednesday, 06 December 2006 |
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The PNL and PD parties reached an agreement yesterday. The new ministers to fill the vacancies in the Cabinet after the withdrawal of the conservatives from the government are |
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Financial news from Romania
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Wednesday, 06 December 2006 |
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Debt recovery specialist EOS KSI Romania, part of Germany's Otto group, expects to derive turnover worth 4.7 million euros this year. This is four times higher than the value |
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Financial news from Romania
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Wednesday, 06 December 2006 |
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Romtelecom's repositioning strategy, through which the company is trying to leave behind the business model based on revenues from classic telephony services, has been launched early enough to allow |
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Financial news from Romania
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Wednesday, 06 December 2006 |
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Road transportation operator Ro-Holland Trans Medias, part of the Dutch group De Greef, estimates it will derive turnover worth some 7.5 million euros in 2007, 50% higher than this |
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