News » January, 2011 » 6 January 2011
Azomureş may be left without competition in Romania if Niculae closes plants
06.01.2011, 23:57 | Business | 946 views
Azomureş Târgu-Mureş (AZO), leader of Romania's chemical fertiliser market, is likely to significantly boost its market share domestically if businessman Ioan Niculae, owner of Interagro, does not change his mind about closing all the chemical plants he owns in Romania. Two Turkish-controlled firms, Eurofert Investments and Azomureş Holdings, own 76% in the company's shares. Until recently, Azomureş and Interagro almost equally shared 80% of the domestic fertiliser market revolving around 1 million tonnes annually, while the rest was covered by imports, particularly from Ukraine, which benefits from a low price of natural gas. Read more on ZF.ro
|
Latest news in category Business
The volume of construction works dropped to six months by 10.2%, as gross series, taking into account the drops in capital repairs' works, by 18.4%, and in the maintenance and current repairs, by 12%, and as adjusted series after the number of working days and seasonality dropped by 9.4%, according to the National Institute of Statistics. read more...
The National Salt Company - Salrom SA last year achieved a profit of 38.7 million lei, up 86% over 2012, said Alina Floroian, marketing economist with the company. The turnover of Salrom reached 308.3 million lei, up 13% over 2012, she said. read more...
Anca Vlad, the CEO of Catena Grup, is an ardent supporter of entrepreneurial spirit and thinks that you can't have a successful business without taking risks. read more...
|
|
