Archive » August 2006 » 02 August 2006 The english news from 02 August 2006

  • Romania: Colgate-Palmolive Buys 24 % Stake Held by Norvea

    American consumer goods giant Colgate-Palmolive, the world's leading toothpaste manufacturer, on Thursday bought the 24-percent stake held by Norvea Brasov in Colgate-Palmolive Romania, ACT Media news agency reports.…

  • Romania: Orange Posts 504 mln in urnover in H 1 2006

    Mobile phone operator Orange Romania Co. reported 504 million euros in turnover in the first half of this year vs. 406 million euros in the first half of last year, ACT Media news agency reports.…

  • Romania: Continental Automotive Timisoara Posts 38 mln in 2005 Profit

    The German company Continental Automotive Products based in Timisoara (north-west of Bucharest), the largest producer of tyres on the domestic market, posted 38 million euros in gross profit last year, that is an increase by 38 percent on 2004, ACT Media news agency reports.…

  • Romania: Zentiva Registers 38 mln in Sales Jan-June'06

    The development strategy and the launch of new products on the local market brought Zentiva Romania, producer of medicines and dietary supplements, 38.4 million euros in sales over the first six months of this year, by 14 percent more than in the similar period of 2005, ACT Media news agency reports.…

  • Romania: IRS Acquires Trinity Industries' Assets in Europe

    International Railway Systems (IRS), a producer of goods wagons, signed an agreement to acquire the Europeanassets of the Trinity Industries Inc, the largest producer of wagons in the US, ACT Media news agency reports.…

  • Romania:Galaxy Tobacco Enters International Market

    One of the few hundred percent Romanian companies, Galaxy Tobacco, has entered the international market, through brands like American Way, Belford and American Way Slims, ACT Media news agency reports.…

  • Romania: URBB Sales Rise 30 % in Q1 2006

    United Romanian Breweries Bereprod (URBB) - Tuborg Romania reported a 30 percent rise in sales in the first quarter this year, ACT Media news agency reports.…

  • Romania: 2005 Turnover of Metro Represents 1.6% of GDP

    The 2005 turnover of Metro Cash & Carry Romania stood at 1,245 million euros, which is 1.6% of Romania's GDP. The company paid last year taxes of 69 million euros, an indicator which puts it to the 4th place in the national relevant classification, below Mittal Steel, Rompetrol and Petrom, ACT Media news agency reports.…

  • Romania: Assets of Raiffeisen Housing Bank 62 mln

    The assets of Raiffeisen Banca pentru Locuinte (RBL) reached almost 62 million euros, compared with the RON equivalent of40 million euros late last year, reads a release issued on Tuesday by RBL, ACT Media news agency reports.…

  • Romania: Budgetary Deficit will be 2% of the GDP in 2007

    The budget deficit will be 2% of the GDP for 2007 under the conditions where the rate of incomes in the GDP will cover 31 32% in 2007, ACT Media news agency reports.…

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