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Alfred Toepfer Continues Investment In Romania With 18,000-Ton Silo
Alfred C. Toepfer International, the second leading agricultural raw materials trader on the Romanian market, with more than EUR400 million in revenues a year, is building an 18,000-ton silo...
Strauss Romania: Business Life Stopped Being Easy A Long Time Ago, We Are Moving On
Last year was not a simple year at all, said Marius Melesteu, general manager of Strauss Romania, the producer of Doncafe. Coffee beans, the world’s second-largest market after oil, became u...
Top Ten Pharmaceutical Wholesalers Post Revenue Of EUR2.5B In 2011
Pharmaceutical product wholesalers saw their business grow in 2011, so that the top ten companies on the Romanian market posted almost EUR2.5 billion in revenue together, according to a ZF a...
Siemens CEO: We Can’t Replace Everything With Wind And Solar Power
Peter Loescher, chairman and chief executive officer of Siemens, believes that despite the growth of the green power sector, coal and natural gas will be used for a significant part of energ...
Ciorcila, Banca Transilvania: We Have Always Had The Decision In Our Hands, That’s Why We Grew
Paradoxically, for lender Banca Transilvania, the crisis has become the best opportunity for growth on the banking market, while the other entities have pulled back from the lending market d...
Stores In Piata Romana And AFI Cotroceni Bring Stefanel Back To Growth
Stefanel Romania manager Carlo Stefanel believes Romania is close to leaving the crisis behind and that the face of local retail will change, with free-standing stores to win the fight with...
Federal Mogul: Romania’s Car Parts Market Flat In 2011, To EUR1B, Seen Slightly Up In 2012
Romania’s car parts market stagnated to nearly EUR1 billion in 2011 and is seen growing slightly in 2012, according to estimates by the Romanian office of American auto parts supplier Federa...
Mega Image Plans 150 New Stores By End Of 2013
Belgian-held retailer Mega Image is still betting on expansion, the business model implemented since it first arrived on the market. It set out to open 150 stores in 2012 and 2013 (80 and 70...
Leumi Turns Profitable In 1Q After Two-Year Restructuring Process
Israeli bank Leumi has completed its two-year restructuring process, which cut 10% of its personnel and almost halved its territorial network; the bank said it wants to stay in Romania and f...