TARGET
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New UPC Romania CEO: We’ll Continue Expansion, Have Growth Targets
UPC, one of the largest providers of TV, Internet and telephony services in Romania, will continue to pursue its strategy to expand the fixed network to new territories and invest in new ser...
Allianz-Tiriac: We’re Looking At 4 Or 5 Local Companies For Potential Acquisition
Germany’s Allianz wants to strengthen position in the Central and Eastern Europe including Romania, where it is currently looking at four or five potential targets on the general and life in...
Real Estate Broker Dunwell Eyes 10% Market Share In Its First Year Of Activity
Brokerage agency Dunwell, which specializes in the industrial segment of the real estate market, aims to reach a 10% market share in its first year of activity.
Elis Pavaje Earmarks Nearly EUR6M For Investments In 2018; Eyes 17% Higher Turnover
Paving setts and curbstone manufacturer Elis Pavaje has allocated nearly EUR6 million for investments in 2018 in retrofitting production lines, marketing strategies and staff training.
Narcoffee Roasters Hit RON3M Turnover In 1st Year Since Market Entry; Aims To Double Revenue In 2018
Narcoffee Roasters, the special coffee shop chain launched in Cluj-Napoca by entrepreneurs Marcelus Suciu and Dan Isai, registered a turnover of RON3 million in the first year since its entr...
What’s Left To Buy On Romania’s Ice Cream Market
Five ice cream manufacturers built by Romanian entrepreneurs – Betty Ice (to be taken over by Unilever), Top Gel, Alpin 57 Lux (acquired by Food Union), Kubo Ice Cream (insolvent) and Ice Dy...
Romsilva Eyes 15% Higher Turnover, Of RON1.85B, In 2017
Romania’s national forest administrator Romsilva, which administers 3.14 million hectares of the state-owned forest, targets a turnover of RON1.85 billion (EUR404 million) in 2017, up 15% ve...
Calipso Expects 22% Higher Turnover In 2017
Water bottler Calipso sold over 160 million liters of water in January-September 2017, 20% more than in the year-earlier period, due to the company’s investments lately which rise to EUR2 mi...
BRD-SocGen Expects Significant Profit Improvement, 4% Rise In Net Banking Income In 2017
BRD-SocGen, the third leading bank in Romania, expects net banking income to go up by 4% and seeks a significant improvement in profit in 2017, after having posted 728.3 million lei (EUR160...