STRATEGY
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Honor Set Its Targets for Romania: 3% of Smartphone Sales in 2019, 7% in 2020
Honor, the second smartphone brand of China’s Huawei as of 2013, will arrive in Romania via distributor TCCM and the official launch was scheduled for February.
Romania Seeks to Renew Railroad Infrastructure for EUR6.12B in Ten Years
Romania's transport ministry estimates it would cost EUR6.12 billion over a ten-year period to renew the country's railroad infrastructure consisting of 8,245 km of rail, according to a bill...
Oancea, Tinmar: 2018 First Year We’re Looking At Both Business And Residential Customers
Augustin Oancea, owner of Tinmar Energy, which mostly gets its revenue from supplying electricity, says this year’s growth strategy relies on the residential segment, and on the major commer...
UniCredit To Pursue Organic Growth In Romania And Region, General Manager Says
Romania is an important country to pan-European banking group UniCredit, and the strategy in Romania and the Central and Eastern Europe for the coming period is based on an organic growth sc...
FrieslandCampina: Focus On One Brand Paid Off, Napolact Market Leader
Napolact is the most important brand of Dutch FrieslandCampina group in Romania, generating over 60% of its sales in Romania. Napolact could therefore post sales of more than EUR50 million t...
Energy Industry: We’re Working In The Dark In The Absence Of Country Strategy
Investments are the keyword on the energy market this year and companies in the sector are ready to bring new gas and electricity generation facilities online.
SIF Oltenia's Strategy Is To Maintain High Shareholdings In Banking Sector
Romanian regional investment fund SIF Oltenia (SIF 5.RO) reported a net profit of RON101.2 million in 2016, from RON132 million a year before, and revenues of RON150 million, the company sai...
OMV Petrom Targets EUR1B Annual Investments By 2021
Romania's largest company OMV Petrom (SNP.RO), majority owned by Austria's OMV, estimates annual investments of EUR1 billion and a reserve-replacement ratio of 100% in the next five years, a...
MOL Group To Focus On Petrochemicals In Next 15 Years
Hungarian oil group MOL expects an increase in fuel consumption in coming years, while on the long term, it expects growth on the petrochemicals segment, Petho Zsolt, senior vice-president o...