STRATEGY
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Romania's New Finance Minister: Fiscal Stability To Support Growth
Romania’s budget will focus on the support of economic growth through fiscal stability, as well as improved tax collection, the fair application of fiscal legislation and the prioritization...
Interbrands CEO Explains Growth Strategy In Times Of Decline
Rand Sherif, CEO of Interbrands, leader of the fast moving consumer goods distribution market, pursued a strategy of increasing spending in the past year, which in fact boosted its turnover...
Banca Transilvania CEO Resignation Points To Shift In Strategy
As soon as Romanian lender Banca Transilvania (TLV.RO) announced the resignation of its chief executive officer, the question on everybody’s lips was: why did Robert Rekkers leave?
Volksbank Romania Will Continue Activity, No Sale Talks For The Moment - CEO
Volksbank will continue to operate on the Romanian market, and an interruption of activity is out of the question, Friday said the bank’s chief executive officer Johann Lurf, adding sharehol...
SocGen Wants To Implement BRD’s Strategy In Other Countries Too
French financial group Societe Generale will seek to implement BRD’s commercial and retail strategy on other markets as well, a strategy that brought it major earnings and helped it during t...
Banca Carpatica Needs A Foreign Investor - Analysts
The progress of Banca Comerciala Carpatica (BCC.RO), controlled by Sibiu-based businessman Ilie Carabulea, will depend over the next year on how much the lender will consolidate by attractin...
Michelin Looks To Romania For New Investment, But Seeks Incentives
The Michelin group, one of the leading tire manufacturers worldwide, plans to expand production to Eastern Europe, which would serve the European market, through a new investment in a plant...
Scandia Cuts Costs, Considers Private Labels
The crisis forced Scandia Foods, one of the largest companies on the local canned food market to redefine its strategy. The producer of the Bucegi pate, facing low consumption on the local m...
Romania, On Michelin’s Short List For New Investment
The Michelin group, one of the largest tire makers worldwide is considering opening a new plant in Romania.