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Good results in 2017 for Danone Romania support the strong business plans and investments in 2018

Wednesday, July 18, 2018

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Last year Danone Romania recorded strong business results, consolidating a profitable position which allows the company to continue investing in the Romanian market in 2018, a press release sent to ACTMedia informs. Revenues amounted to 497 million lei, increasing by approx. 3% compared to 2016. The positive evolution in the past several years is a consequence of Danone’s focus on the yogurt segment where it delivers on the market incremental ...

Xerox Helps SMBs Get More Work Done with New Cost Effective Monochrome Multifunction Printers

Wednesday, July 18, 2018

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Today’s small- and medium-sized businesses need efficient printing options that maximize productivity, reduce costs and simplify daily work processes. Xerox answers with the Xerox B1022/B1025 Multifunction Printers (MFPs), the company infomrms în statement sent to ACTMedia. The affordable all-in-one devices combine the functions of a duplex copier, printer, color scanner and fax1. The B1022/B1025 allows users to produce output on paper ...

Porsche Engineering Romania moves to new HQ in Cluj-Napoca

Wednesday, July 18, 2018

Porsche Engineering Romania, the local subsidiary of global engineering services provider Porsche Engineering Group GmbH, relocated its headquarters to the Vivido Business Center in Cluj-Napoca, romania-insider.com informs. The headquarters cover 2,200 sqm and include offices, testing and simulation rooms, and a large terrace and relaxation areas. The new offices have been equipped with the latest technologies meant to accommodate work on a variety of ...

Teraplast wants to open new factories in the Central European region

Wednesday, July 18, 2018

Romanian investor Dorel Goia, the controlling shareholder of local building materials producer Teraplast Bistrita, wants to open new factories in the Central European region. Last year, the group opened a thermal insulation panels factory in Serbia. “We are looking at the countries in the region for new factories. We would prefer to open one in Poland because it’s a big country that has created an important business ...

Telekom Romania replaces two top-managers

Wednesday, July 18, 2018

Telekom Romania group of companies announces that Andreas Elsner will be appointed Chief Residential Marketing and National Sales Officer, effective 1st of September 2018, replacing Frantisek Mala in this role, http://business-review.eu informs. Andreas Elsner will be responsible for the coordination of all residential customer-facing commercial efforts and initiatives. He will focus on product simplification and self-service ...

Romania's Dacia posts record sales in H1

Wednesday, July 18, 2018

Groupe Renault Romania said on Monday its worldwide sales under the Automobile Dacia brand rose 13.4% on the year in the first half on 2018, reaching record-high 378,095 units, seenews.com informs. In Europe, Dacia posted a first-half sales record with 281,225 vehicle registrations, up 14.6% on the year and equivalent to a 2.9% market share, up 0.3 points, Renault said in a statement. The increase was driven by the ...

TAROM acquires five new Boeing aircraft; Technical Division becomes official Boeing partner

Wednesday, July 18, 2018

The acquisition by Romania's national air carrier TAROM of five Boeing 737-MAX 8 aircraft is part of a wider contract that also provides for the commencement of procedures for the Technical Division of TAROM to become an official Boeing partner, the Transport Ministry said Monday in a press statement.Transport Minister Lucian Sova participated in the contract signing ceremony in London on Monday under which TAROM acquires five Boeing 737-MAX 8 aircraft customised ...

Jumbo to open 3 more hyper stores in Romania in the next year

Wednesday, July 18, 2018

The Greek toys retailer Jumbo will open three more hyper stores in Romania until June 2019, according to a statement of the company quoted by http://business-review.eu. “The investment in Romania continues and three more hyper stores are expected to open in the country until June 2019,” the company said. Jumbo operates today 75 stores, 51 of which are located in Greece, 10 in Romania, 9 in Bulgaria and 5 in Cyprus. ...

Dacia remains the most valuable Romanian brand, worth EUR 1.2 billion

Wednesday, July 18, 2018

Automotive brand Dacia remains the most valuable Romanian brand in 2018, and still the only one so far worth over EUR 1 billion, according to the latest report by Brand Finance, http://business-review.eu informs. With an increase in sales worldwide through the Renault network (as over 90 percent of the brand’s local production is sold abroad), Dacia is unlikely to be overtaken soon. Valued at EUR 1.24 billion, slightly up ...

Synevo Romania GM to coordinate five SEE markets

Wednesday, July 18, 2018

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Laurentiu Luca, the general manager of Synevo Romania, has been appointed managing director for South Eastern Europe of the medical laboratories network, romania-insider.com reads. He will coordinate the company’s activity in five markets, namely Romania, Bulgaria, Moldova, Serbia and Georgia. Luca has been the GM of Synevo Romania since 2016. He joined the company in 2010 as regional and development ...

Reynaers Aluminium business went up 15 pct in the first 6 months of 2018

Wednesday, July 18, 2018

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Reynaers Aluminium registered 15 percent more business in the first half of 2018 compared to the same period in 2017, http://business-review.eu informs. The first 6 months of 2018 brought to Reynaers Aluminum in Romania a growing business as a result of the delivery of a large volume of joinery and sliding doors for the completion of large projects in the market as well as for starting work for new notoriety projects ...

Mapei brings inspiration in construction, alongside Armada agency

Wednesday, July 11, 2018

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Mapei announces the launch of a new communication campaign in Romania. Named "Inspiration," the new product campaign created by Armada, starts from the idea that inspiration means for each of us something else. It gets all sorts of shapes and colors, depending on what we want or what we need at that moment, the company informs în a press stateme t sent to ACTMedia. And, in construction, inspiration means Mapei! „The ...

THE VALUE OF TERAPLAST GROUP HAS TREBLED AFTER 10 YEARS OF TRADING ON BUCHAREST STOCK EXCHANGE

Wednesday, July 11, 2018

- Dorel Goia, Chairman of TeraPlast’s Board of Directors: ‘We want to keep proving our investors that we are a solid company, which they can trust in the long run. Our focus is to increase the market shares for each of the Group divisions without losing sight of our responsibility towards people and environment’ - Adrian Tanase, BVB’s CEO: ‘After the model of the TeraPlast Group we hope to see as many ...

Medicover concludes acquisition of Academica medical center

Wednesday, July 11, 2018

Medicover, one of the main private medical services providers in Romania, has concluded the acquisition procedure of Academica Medical Center. The transaction is consolidating the private healthcare player’s presence in Bucharest, where the company already has a hospital, a maternity hospital and ten clinics. The transaction consists of taking over all shares of the two Academica clinics in Bucharest, both located in premium  residential ...

Hili Properties steps up development activity following revenue growth in 2017

Wednesday, July 11, 2018

Hili Properties plc has registered an operating profit of €4.4 million for the year ended December 31, 2017, up from €3 million the previous year, following a 31% increase in revenue. Hili Properties, part of Hili Ventures, holds and manages a strategic collection of commercial property for lease in Latvia, Lithuania, Estonia, Malta and Romania. Its diverse portfolio, valued at €100 million, includes four dedicated business blocks, nine ...

Slovene retailer Vitapur Home enters Romania

Wednesday, July 11, 2018

Vitapur Home, a brand developed in Slovenia which manufactures and sells products for premium homes, sports or travelling, enters the local market by opening a 120 square meter store within the Mega Mall in Bucharest, owned by the South-Africa based NEPI Rockcastle company, romaniajournal.ro informs. Vitapur currently has a network of approximately 90 stores in shopping centers and galleries in Slovenia, Croatia, Montenegro, Serbia, Bosnia and ...

Karaca, the largest Turkish household appliance retailer, enters Romanian market

Wednesday, July 11, 2018

Karaca, Turkey’s largest household appliance retailer, has entered the Romanian market by opening a branch and has already begun signing contracts for stores in major shopping centers in Bucharest, such as AFI Cotroceni and Mega Mall, http://business-review.eu informs. Karaca Europe, headquartered in Istanbul, includes the Karaca, Karma Home, Emsan, Cookplus & Apricot brands and has its main stores in ...

Electroarges reaches 60.5 percent stake in Brainconf Braila shares

Wednesday, July 11, 2018

The home appliance manufacturer Electroarges announced that it has become the majority shareholder in textile manufacturer Braiconf, with a 60.5 percent stake, http://business-review.eu informs. At the same time, the New Carpathian Fund has publicly announced that it is no longer a shareholder in the textile company, after it sold the 33 percent of Braiconf’s shares it owned. Braiconf’s market value ...

Dacia increases production in Romania by 3.2 pct in H1 to 175,992 cars

Wednesday, July 11, 2018

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Carmaker Dacia, controlled by French group Renault, has increased its production at the local plant in Mioveni by 3.2 percent in the first half of this year compared with the same period of 2017, up to 175,992 vehicles, according to the Association of Automobile Constructors in Romania (ACAROM) quoted by http://business-review.eu. The model with the highest production was Dacia Duster (118,156 units), followed by Dacia Sandero (27,066 units), Dacia ...

Wienerberger drops plan to buy Romanian brick producer Brikston

Wednesday, July 11, 2018

Austria's Wienerberger has abandoned its plan to acquire Romanian brick producer Brikston Construction Solutions International from private equity fund ADM Capital in order to grow its Romanian business organically, Wienerberger said on Friday, quoted by seenews.com. The Austrian-based building materials producer has also withdrawn the application submitted to the Romanian anti-trust authority, it said in a press release. The ...

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