Retail&Consumer
Domo Targets: Positive EBITDA, 7% To 10% Growth
Dragos Dinu, recently appointed chief executive of electronics, home appliances and computer retailer Domo, said his goal is to optimize the business this year.
P&G Romania Founder Returns After 15 Years For Second Mandate
Belgian Hans Dewaele, who laid the foundations of Procter & Gamble (P&G) in Romania, returns to the country for a second mandate.
P&G To Reach Maximum Capacity At Urlati Plant If Export Demand Rises
New export contracts to several countries in Central Asia prompted Procter&Gamble’s plant in Romanian southern town Urlati to work almost at full capacity.
MJ Maillis Romania 2012 Loss Flat At RON4.9M
Industrial packaging manufacturer MJ Maillis Romania (MJM.RO) Thursday reported losses of 4.9 million lei (EUR1.1 million) for last year, slightly up from RON4.87 million in 2011.
Stirom Profit Down 31.8% In 2012 To RON13.5M
Romanian glass container producer Stirom Bucharest (STIB.RO) Thursday said its profit fell 31.8% on the year to 13.58 million lei (EUR3 million) in 2012.
Tymbark Maspex Romania Buys Snacks Unit From Pan Group Craiova
Tymbark Maspex, one of the largest juice producers on the local market, Thursday confirmed it took over some of the assembly lines and two snacks brands from Craiova-based bakery company Pan...
Robin van Rozen Named Country Manager At Philips Romania
Robin van Rozen has been appointed country manager at Philips Romania to replace Gorjan Lalchevski, the Dutch electronics group said in a press release Thursday.
THR Marea Neagra Wants To Borrow RON15M
Romanian company THR Marea Neagra (EFO.RO) plans to contract two credit lines worth a total 15 million lei (EUR3.4 million) and will pledge five hotels as collateral.
Rising Consumption Makes Brewers Consider New Investments
Heineken and Ursus, the two largest local brewers, are getting ready to make new investments in manufacturing, the first carried through since the onset of the crisis.