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NDL Frigo Logistics Wants To Reduce Dependence On Danone
Companies

NDL Frigo Logistics Wants To Reduce Dependence On Danone

Chilled goods logistics operator NDL Frigo Logistics, whose main client is dairy market leader Danone Romania, tripled its turnover to 51.5 million lei (some EUR12 million) in 2012, which wa...

Ecaterina Craciun · 21.04.2013 · 00:00 · 1 min
Alumil Expects 13% Higher Profit In 2013, Of RON3.4M
Companies

Alumil Expects 13% Higher Profit In 2013, Of RON3.4M

Romanian aluminum processor Alumil Rom Industry (ALU.RO) expects net profit of 3.4 million lei (EUR0.77 million) in 2013, up 13% on the year, and sales of RON71.48 million.

Ioana Tudor · 19.04.2013 · 16:01 · 1 min
Romania-Russia Partnership In Gas Sector Could Be Affected By EU Regulations - Official
Energy

Romania-Russia Partnership In Gas Sector Could Be Affected By EU Regulations - Official

The partnership between Romania and Russia in the natural gas sector is working as it should, but things could get bumpy due to some problematic EU regulations, the head of Russian Federal A...

Florentina Dragu · 19.04.2013 · 15:50 · 1 min
Mega Image Opens Six Shop&Go Stores In Brasov, Central Romania
Retail&Consumer

Mega Image Opens Six Shop&Go Stores In Brasov, Central Romania

Retailer Mega Image, part of Belgian group Delhaize, will open six Shop&Go stores in the central city of Brasov on Friday and Saturday.

Oana Gavrila · 19.04.2013 · 15:20 · 1 min
Tuca Zbarcea & Asociatii Law Firm Advised Piraeus On Sale Of ATE Bank Romania
Banks-Insurance

Tuca Zbarcea & Asociatii Law Firm Advised Piraeus On Sale Of ATE Bank Romania

Romanian law firm Tuca Zbarcea & Asociatii has advised Greece’s Piraeus Bank on the EUR10.3 billion sale of its 93.27% stake in ATE Bank Romania, the law firm said in a statement Friday.

Florentina Dragu · 19.04.2013 · 14:40 · 1 min
Companies

Comelf Bistrita Wants To Double Pretax Profit To RON8.6M In 2013

Romanian industry equipment maker Comelf Bistrita (CMF. RO) estimates to double its pretax profit to 8.6 million lei (EUR1.9 million) in 2013, from RON4.4 million in 2012.

Ecaterina Craciun · 19.04.2013 · 13:16 · 1 min
Companies Under Economy Ministry’s Umbrella Privatized By 2016
Companies

Companies Under Economy Ministry’s Umbrella Privatized By 2016

Romanian Economy Minister Varujan Vosganian Thursday said he wants to privatize all companies in the ministry’s portfolio by the end of the government’s mandate in 2016, with the exception o...

Florentina Dragu · 18.04.2013 · 17:00 · 1 min
Romania To Move Some Of Its European Trade Offices To South America, Asia
Companies

Romania To Move Some Of Its European Trade Offices To South America, Asia

Romania’s Economy Ministry will move some of the country’s trade missions in Europe to Vietnam, Indonesia, Brazil and Mexico, Economy Minister Varujan Vosganian said Thursday.

Ioana Tudor · 18.04.2013 · 16:20 · 1 min
UK Home Improvement Retailer Kingfisher Buys Bricostore's 15 Stores In Romania
Retail&Consumer

UK Home Improvement Retailer Kingfisher Buys Bricostore's 15 Stores In Romania

UK-based home improvement retailer Kingfisher announced Thursday it has acquired Bricostore's 15 home improvement stores in Romania from France’s Group Bresson, for an undisclosed sum.

Oana Gavrila · 18.04.2013 · 12:20 · 2 min