DISTRIBUTION
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Distributor Whiteland Import-Export Still in the Red with RON3.8M Loss in 2019
Whiteland Import Export, the distributor of Muller, Hochland, Meggle and Nestle products, posted 204 million lei revenue last year, slightly higher than in 2018 (2%). However, it remained in...
FF Group Loses Nike Distribution in Romania to Serbia’s Sport Time Balkans
Serbia-based Sport Time Balkans, a long-standing partner of Nike in the Balkan region will handle wholesale distribution of the brand in Romania and Bulgaria. The deal with Greece-based FF G...
Electrica Group Board Approves Merger of Its Three Distribution Companies
Romanian state-owned energy utility group Electrica (EL.RO) said Thursday its board has approved in principle the merger of its three distribution companies, part of its strategy to become a...
Colliers: Distribution Chains To Be Restructured; Producers, Logistics Firms May Focus On Local, Regional Suppliers
The increase in online sales, in parallel with a temporary closure of other sales channels, has prompted many retailers to reorganize their activity and many firms in the logistics, transpor...
SIF Banat-Crisana Proposes Its Shareholders Two Options On 2019 Net Profit Distribution
The Board of Directors of Romanian regional investment fund SIF Banat-Crișana (SIF1.RO) has submitted to shareholders’ approval two options for the distribution of its 2019 net profit worth...
SIF Muntenia Proposes Its Shareholders Two Options On 2019 Net Profit Distribution
Romanian regional investment fund SIF Muntenia (SIF4.RO) on Thursday proposed and submitted to the shareholders’ approval two options on the distribution of its 2019 net profit worth RON12 m...
Romanian State Rejects Fondul Proprietatea’s Call For RON513M Additional Dividends From Nuclearelectrica
Romania’s State, the majority shareholder of state-owned nuclear power producer Nuclearelectrica (SNN.RO), through the Economy Ministry, on Thursday rejected a request of investment fund Fon...
E.ON Invests Over EUR90M in Distribution Network in 2019
Delgaz Grid, E.ON's natural gas and electricity distribution company in Romania, invested RON428 million (over EUR90 million) in 2019, mostly in upgrading gas and electricity distribution ne...
Aquila Part Prod Com Revenue Up 14% To Almost RON1B In 2017
Aquila Part Prod Com, the largest company in the transport, logistics and distribution group Aquila held by Prahova entrepreneurs Alin Dociu and Catalin Vasile, posted 907 million lei (about...