STRATEGY
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Romastru Trading Seeks Expansion To Ultimately Double Turnover
Pharmaceutical marketing and retail firm Romastru Trading plans a turnover of EUR90 million this year and it has started a process of regional expansion that could double its turnover in the...
Petrom’s CFO About The Crisis: That’s The Interesting Part Of Our Job
Daniel Turnheim is the youngest member of the management of Petrom (SNP.RO). He took over as chief financial officer a year ago. The 36-year old executive’s appointment came at a time when t...
Agricola Bacau Plans EUR3M Investment In 100 New Stores
Agricola Bacau, one of the largest local poultry meat producers, on Tuesday said it will invest some EUR3 million to launch over 100 stores over the next two years.
Retail Center Association Manages Spar Franchise In Romania
Brasov-based Retail Center Association (RCA) is the new owner, starting October 1, for the Spar supermarket franchise in Romania, previously owned by Astral Impex, a company controlled by th...
Total Soft Sees ’11 Sales Up 20% On Year, To EUR25M
The sales of IT firm Total Soft may rise by 20%-25% this year, to EUR25 million, while earnings before interest, taxes, depreciation and amortization (EBITDA) may rise by 35% on the year, to...
Talpes: Bitdefender Will Float Stock Within 2-3 Years
Computer protection software producer Bitdefender will float stock within 2-3 years, but more importantly it needs to develop a product that turns it into a leader with a vision, according t...
OMV Awaits Romanian Fiscal Frame To Complete 10-Year Strategy For Petrom
Gerhard Roiss, the head of Austrian oil group OMV, Thursday said he has informed Romanian President Traian Basescu and Prime Minister Emil Boc on the group’s strategy for activities in Roman...
Millennium Bank’s New Strategy Could Entail Selling Romanian Subsidiary
The operations Millennium BCP runs in Poland, Greece and Romania, will from now on be considered by the group as non core, i.e. will be treated as assets no longer essential for the business...
Romania’s Anticorruption Strategy Sets Evaluation Indicators Of Measures Preventing Corruption
Romania’s draft National Anticorruption Strategy for 2011-2014 sets a series of measures aimed to prevent corruption, such as declaring gifts, transparency in decision making, or setting a r...