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Lactalis Offers RON0.5252/Unit For Entire Stake In Albalact
Companies

Lactalis Offers RON0.5252/Unit For Entire Stake In Albalact

French-held giant Lactalis is offering RON0.5252 per share for the entire stake in Romanian dairy manufacturer Albalact (ALBZ.RO), 38% higher than the share price on January 28, 2016, when t...

Ecaterina Craciun · 05.08.2016 · 14:08 · 1 min
MOL Romania Sales Volume Up 16% To 311,000 Tons In 1H/2016
Retail&Consumer

MOL Romania Sales Volume Up 16% To 311,000 Tons In 1H/2016

Hungarian group MOL's retail sales in Romania (including fuel, liquefied petroleum gas (LPG) and lubricants), grew 16% by volume to 311.000 tons in the first half of 2016, due to favourable...

Ecaterina Craciun · 05.08.2016 · 12:09 · 1 min
More Than 21,000 Romanians Bought Homes Via First Home Program In 1H/2016
Real Estate

More Than 21,000 Romanians Bought Homes Via First Home Program In 1H/2016

Romania's national guarantee fund for SMEs (FNGCIMM) has granted over 21,000 guarantees under the government-backed mortgage lending First Home program in the first half of 2016, up 40% from...

Ecaterina Craciun · 01.08.2016 · 13:37 · 1 min
Five New Brands Opened Stores In Fashion House Outlet Center Bucharest
Retail&Consumer

Five New Brands Opened Stores In Fashion House Outlet Center Bucharest

Five new brands have opened stores in Fashion House outlet center in Bucharest, with the new lease contracts totaling approximately 1,000 square meters.

Gabriela Stan · 01.08.2016 · 12:34 · 1 min
Coffee Sales Boost Jacobs Turnover By RON171M In Seven Months
Retail&Consumer

Coffee Sales Boost Jacobs Turnover By RON171M In Seven Months

Jacobs Douwe Egberts RO, the company which bought the coffee sales operations of Mondelez Romania, reported a turnover of RON171 million (EUR38 million) in just seven months of activity, acc...

Gabriela Stan · 31.07.2016 · 13:05 · 1 min
Mark Hilton (KFC, Pizza Hut): "We Will Continue Expansion"
Retail&Consumer

Mark Hilton (KFC, Pizza Hut): "We Will Continue Expansion"

The group of restaurants which owns the brands KFC, Pizza Hut, Paul or Hard Rock Café reported a nearly 25% turnover growth last year, to over RON500,000 million.

Gabriela Stan · 31.07.2016 · 12:01 · 1 min
Stock Of Leu-Denominated Consumer Loans Granted To Households Hit New Record High In May
Banks-Insurance

Stock Of Leu-Denominated Consumer Loans Granted To Households Hit New Record High In May

The stock of leu-denominated consumer loans granted to households reached a new record high in May 2016, to RON34.5 billion, up 10% on the year, central bank data showed Friday.

Ecaterina Craciun · 29.07.2016 · 13:43 · 1 min
Cocor Posts Profit Of RON1.9M In 1H/2016
Retail&Consumer

Cocor Posts Profit Of RON1.9M In 1H/2016

Shopping center operator Cocor Bucuresti (COCR.RO) reported a turnover of RON6.261 million in the first half of 2016, similar with the level reported in the same period a year ago.

Ecaterina Craciun · 29.07.2016 · 12:07 · 1 min
Agricover Posts RON1.68M Profit In 1H/2016
Retail&Consumer

Agricover Posts RON1.68M Profit In 1H/2016

Agribusiness group Agricover reported a net profit of RON1.68 million for agribusiness operations in the first six months of 2016, versus RON11.4 million losses in January-June 2015.

Gabriela Stan · 28.07.2016 · 15:07 · 1 min