In 2010, the French dairy producer Danone grew its business in Romania by 10 % and reached a turnover of EUR 113 million. The company has announced that the growth was due to a market strategy which was … [Read more...]
Philip Morris Romania: Marlboro Cigarettes Exported To Japan
May 26, 2011 By Leave a Comment
The Russian executive that has run Philip Morris Romania cigarette producer over the past six months, Sergey Slipchenko, says the Otopeni plant has already started exporting Marlboro cigarettes to Japan. … [Read more...]
Romanian Market Interesting For Some Foreign Insurers
May 26, 2011 By Leave a Comment
Major insurance companies, including companies from EU states, presented their interest in entering the Romanian market. The chair of the Insurance Supervisory Commission (CSA), Angela Toncescu stated … [Read more...]
The Insurance Market Growth Is Relying On Car Sales This Year
May 25, 2011 By Leave a Comment
The director general of Allianz-Tiriac Asigurari, Rangam Bir, stated, yesterday that 2011 will be a difficult year for the insurance market, if car sales continue to slump, and premium subscription levels … [Read more...]
Jerome de Haan, Mazda: Market Growth From After-Sales Services
May 17, 2011 By Leave a Comment
Mazda's regional manager for Central and South-Eastern Europe, Jerome de Haan expects sales of the Japanese car brand to remain similar this year to the 2010 level. He said that the first-quarter decline … [Read more...]
General Insurance Market Dropped 6.6 %
May 13, 2011 By Leave a Comment
The general insurance market declined 6.6 % year-on-year in the first quarter of 2011. According to preliminary data released by the Insurance Supervisory Commission (CSA), the value of the market went … [Read more...]
First Calzedonia Store To Enter The Romanian Market On May 12
May 10, 2011 By Leave a Comment
On May 12, 2011, the Calzedonia brand will enter the Romanian market with a first store on Magheru Boulevard in capital city Bucharest. This first Calzedonia store covers around 100 sqm and is operated … [Read more...]
Romanian Airline Tarom Not To Be Privatized
May 9, 2011 By Leave a Comment
According to Mediafax sources, in the new letter of intent to the IMF, the Romanian Government states its goal to privatize chemical plant Oltchim and the Turceni, Rovinari and Craiova energy complexes. … [Read more...]
Traian Basescu: The Energy and Gas Markets’ Complete Liberalization Postponed Until 2015
May 9, 2011 By Leave a Comment
On Saturday, the Romanian President Traian Basescu said after a meeting with the International Monetary Fund delegation that the deregulation of gas and electricity prices for households should be put … [Read more...]
Orange Might Sell Or Merge With A Rival
May 5, 2011 By Leave a Comment
CFO of France Telecom, the owner of Orange Romania, one of the biggest local companies, Gervais Pellissier, caused a stir on the entire market on Tuesday by announcing a review of the Romanian business. … [Read more...]
