Catalog Membri Cluj It Iunie 2
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KBC BANK NV (Incorporated with Limited Liability in Belgium) USD 1,000,000,000 8.00 Per Cent
KBC BANK NV (Incorporated with limited liability in Belgium) USD 1,000,000,000 8.00 per cent. Contingent Capital Securities due 25 January 2023 This prospectus (the “Prospectus”) constitutes a listing prospectus in relation to the issue of tier 2 USD 1,000,000,000 8.00 per cent. Contingent Capital Securities due 25 January 2023 (the “Securities”) by KBC Bank NV (the “Issuer” or “KBC Bank”). The issue price of the Securities is 100 per cent. of their principal amount. Interest will accrue on the principal amount of the Securities from and including 25 January 2013 (the “Issue Date”) at an initial rate of 8.00 per cent. per annum, and after the Reset Date (as defined herein), at a fixed rate determined on the basis of the initial credit spread and the then prevailing USD 5-year Mid-Swap Rate (as defined herein). Interest will be payable semi-annually in arrear on 25 January and 25 July of each year, commencing on 25 July 2013. Unless previously redeemed or purchased and cancelled, and subject to a Contingent Write-down (as defined herein), the Securities will mature on 25 January 2023. Subject to the satisfaction of certain conditions described herein and applicable law, the Securities may be redeemed prior to their maturity at the option of the Issuer, in whole but not in part, at their aggregate principal amount, together with any accrued but unpaid interest thereon, (a) on the Reset Date; (b) for taxation reasons; and (c) upon the occurrence of a Regulatory Event (each as defined herein). -
EXPERIENCE DISTRIBUTION NETWORK the Case of URSUS Breweries Company
EXPERIENCE DISTRIBUTION NETWORK The Case of URSUS Breweries Company Lect. PhD Ciprian-Marcel Pop1, PhD stud. Ioan Pop1 1 Babes-Bolyai University, Faculty of Economics and Business Administration, 58-60 Th. Mihali st, 400591, Cluj-Napoca, Romania, [email protected] Abstract. A company survives in nowadays tumultuous (even hostile) environment because of the close and strong relationships among its partners. Today, companies compete less on the basis of isolated resources and capabilities, and more on the totality of the network’s resources and capabilities. In terms of mitigating the risk factors, we’re proposing a partnership- based distribution model that ties services and operational fees to performance outcomes. URSUS Breweries is one of the biggest beer producers in Romania. As a subsidiary of SAB Miller, this company is continuously preoccupied in implementing the newest politics and procedures in the selling field, as support of continuous development on a dynamic market. A major decisions recently adopted is focused on building a solid, a strong partnership with company’s distributors. The firm’s task is now to build an experience network, together with the distributors, a network which will gain a stronger competitive position on the market. JEL classification: M31, L14, L66. Key-words: ¾ Value-oriented marketing; ¾ Experience network; ¾ Distribution channels; 1. The essence of experience concept Traditionally, the brand has been a centerpiece of a firm’s communication with customers. Companies communicated a bundle of benefits through their brand positioning. In the battle for market share, products and brand differentiation were carefully orchestrated toward different segments in the product space. More, the advertising industry was created in order to persuade groups of customers to buy a product, an image, a virtual benefit. -
Tiin\E Sociale” ISSN 1814-3199, ISSN Online 2345-1017, P.43-49
STUDIA UNIVERSITATIS MOLDAVIAE, 2014, nr.3(73) Seria “{tiin\e sociale” ISSN 1814-3199, ISSN online 2345-1017, p.43-49 THE EVOLUTION OF REPUBLIC OF MOLDOVA RELATIONS WITH ROMANIA (1991–2013) Svetlana CEBOTARI, Cristina EJOVA Moldova State University In this article the authors comprehensively analyze the evolution of the bilateral relations between Romania and Moldova. Relations between Romania and Moldova, two sovereign and independent states, have a privileged, particular character, deriving from the community of people, culture, language and national history. The currently existence of the two separate Romanian states instead of one as a whole, can be explained by the political history of the twentieth century, through the international situation that has been created both after the USSR collapse and the socialist camp, and by interests of modern great powers Keywords: foreign policy, international relations, regionalism, security, national interest, regional integration. EVOLUŢIA RELAŢIILOR REPUBLICII MOLDOVA CU ROMÂNIA (1991-2013) În acest articol autorii analizează evoluţia multiaspectuală a relaţiilor bilaterale ale Republicii Moldova cu România. Relaţiile dintre România şi Republica Moldova, două state suverane şi independente, au un caracter privilegiat, special, decurgând din comunitatea de neam, cultură, limbă şi istorie naţională. Existenţa la momentul actual a două state româ- neşti separate în loc de unul întregit poate fi explicată prin istoria politică a secolului XX, prin conjunctura internaţiona- lă care s-a creat odată cu dezmembrarea URSS şi cu prăbuşirea lagărului socialist, precum şi prin interesele unor mari puteri contemporane. Cuvinte-cheie: politică externă, relaţii internaţionale, regionalism, securitate, interes naţional, integrare regională. Relations between Romania and Moldova, two sovereign and independent states, have a privileged, parti- cular character, deriving from the community of people, culture, language and national history. -
Company Specialization Country Web Site Aarsleff A/S General Contractor Denmark
International Exhibition «Waste Water Management 2018» 24-25th of April, Kiev, Ukrainian CCI Organizer: «Business-Forum» List of registered companies (participants & visitors) Company Specialization Country Web site Aarsleff A/S General contractor Denmark www.aarsleff.com ACAT - Applied Chemicals Handels-GmbH Producer of complete solutions for mechanical Serbia www.acat.com wastewater and sludge treatment, fine chemicals and specialty products for drinking water and wastewater treatment Administration of seaports of Ukraine State enterprise. State property management in Ukraine seaports of Ukraine ADS Industrial enterprise for the production of industrial Ukraine Advantage Austria Ukraine Embassy of Austria - Commercial Section Austria Aeterna Ukraine Industrial enterprise. Consumer for sewage treatment Ukraine Agrofusion Industrial company. Production of tomato paste Ukraine www.inagro.ua Agro-Oven Agricultural business Ukraine www.agrooven.com.ua AgroProff Laboratory and Diagnostic Center Ukraine Agroreview.com AgroReview - an online resource about the agro life of Ukraine www.agroreview.com Agrospetsservis Industrial enterprise. Growing of cereals, production of Ukraine sugar Agrotrade - Export Agro sector Ukraine AGRU Kunststofftechnik Manufacturer of high-quality polymer products Austria www.agru.at AIK-ECO Engineering company Ukraine Al Salam Al Masi for Mining & Contracting Supplier of quartz sand for water treatment Saudi Arabia Company Alexandria Sugar Factory Sugar production Ukraine Alfa Laval Ukraine, DP Supplier of equipment -
Non-Financial Statement for the Year 2020 Ursus Breweries, March 29Th, 2021
Non-Financial Statement for the year 2020 Ursus Breweries, March 29th, 2021 This non-financial statement was prepared by Ursus Breweries S.A., CUI RO199095, headquartered in Bucharest, sector 2, Șoseaua Pipera no. 4, Floreasca Park, corp A, et. 2. The document has been prepared to meet the legal requirements for non-financial reporting (Orders of the Finance minister no. 1938/2016, respectively no. 3456/2018) and to give our partners a clearer picture of the development, performance and social and environmental impact of our business during the financial year 2020. In the collection and presentation of information in this document, our company selected the non-financial performance indicators in the GRI Standards (Global Reporting Initiative) applicable for our activity, following in the same time the recommendations in the Guide for the reporting of non-financial information in the Communication of the European Commission, published in the Official Journal of the European Union (2017/C215/01). To access the financial statement of our company, please use this link. The statement in which the non-financial information related to 2019 was presented can be accessed here. Through our initiatives we want to contribute to a better Romania. We invite you to our website to discover what our priorities are in the field of sustainable development. Also, below we present the commitments we have made on the line of sustainability for 2021. 1 2 Structure 1. Business model 2. Leadership 3. Environmental aspects 4. Social and personnel aspects 5. Respect for human rights 6. Fighting corruption and bribery 7. Non-financial risks 3 1. -
Pirvu Sorin Popescu Violina Radu Laurentiu Tinica Ioan Voicila Anca →Timisoreana's Story Started Almost 300 Years Ago with the First Brewery in Romania
Pirvu Sorin Popescu Violina Radu Laurentiu Tinica Ioan Voicila Anca →Timisoreana's story started almost 300 years ago with the first brewery in Romania. →"...exceptional beer, with a balanced taste, with a flavor and taste that perfectly correspond to its category, having excellent technical attributes“ →the official beer of the Royal Romanian House →one the most loved and preferred beers of the Romanian people, as it was in 1718. • Timisoreana brand is owned by Ursus Breweries, a subsidiary of SABMiller plc, the largest beer producer in Romania. • The company currently owns 4 breweries with a total capacity of about 4 million hectoliters and has approximately 1,400 employees. • Ursus Breweries operates in Bucharest, Cluj-Napoca, Timisoara, Ploiesti, Brasov and Tunari. • Ursus Breweries portfolio currently includes six brands: Timisoreana, Ursus, Ciucas, Stejar, Peroni Nastro Azzurro Pilsner Urquell and others. • Volumes sold by the beer giant SABMiller in Romania, which owns Ursus Breweries, increased by 23% between October to December 2012, a period that corresponds to the third fiscal quarter of the company, resulting in a company revenue of 1,283m RON. • "The growth was supported by strong performance of the new PET packaging of Ciucaş" according to the company's quarterly report. • This is the second period of growth for the company after the period April to September 2012 reported an additional 25%. • The return to growth occurs after several years of decline. • Ursus Breweries owns brewing units in Timisoara, Cluj-Napoca, Buzau and Brasov. The product • Timisoreana is the most sold beer brand in Romania, having a market share of 11.3% in volume and 2.2. -
TOP 100 Companies in Romania by 2019 Turnover
TOP 100 companies in Romania by 2019 turnover Company Sector Turnover Evolution vs Net profit/ Employees 2019 2018 loss 2019 in 2019 (EUR mln) (EUR mln) 1 AUTOMOBILE-DACIA SA car manufacturing 5.199 -0,2% 139,7 14.761 2 OMV PETROM SA oil extraction 4.171 11,1% 751,0 11.814 3 OMV PETROM MARKETING SRL fuel retail 4.029 7,0% 93,3 210 4 ROMPETROL RAFINARE SA oil refining 3.108 4,5% -74,3 1.156 5 KAUFLAND ROMANIA SCS food retail 2.503 9,1% 178,6 12.497 6 ROMPETROL DOWNSTREAM SRL fuel retail 2.492 8,2% 19,8 450 7 BRITISH AMERICAN TOBACCO (ROMANIA) TRADING SRLtobacco wholesale 2.264 12,7% 22,7 834 8 FORD ROMANIA SA car manufacturing 2.172 -2,3% 33,5 5.289 9 LIDL DISCOUNT SRL food retail 2.058 25,4% 103,6 7.418 10 DEDEMAN SRL DIY retail 1.732 13,7% 270,2 10.769 11 CARREFOUR ROMANIA SA food retail 1.720 11,5% 41,5 10.210 12 LUKOIL ROMANIA SRL fuel retail 1.604 1,2% 25,1 2.195 13 PROFI ROM FOOD SRL food retail 1.531 22,7% -7,5 16.277 14 STAR ASSEMBLY SRL automotive manufacturing 1.518 -0,3% 49,0 1.737 15 MOL ROMANIA PETROLEUM PRODUCTS SRL fuel retail 1.490 5,2% 58,4 245 16 ENGIE ROMANIA S.A. gas supply 1.473 15,2% 70,7 686 17 MEGA IMAGE SRL food retail 1.402 16,1% 57,4 8.826 18 FONDUL PROPRIETATEA SA investment funds 1.344 10,2% 659,6 0 19 ORANGE ROMANIA SA telecom 1.228 1,4% 81,1 2.472 20 METRO CASH & CARRY ROMANIA SRL food wholesale 1.227 9,8% 19,7 3.408 21 PETROTEL - LUKOIL SA oil refining 1.226 -11,0% -14,3 525 22 AUCHAN ROMÂNIA SA food retail 1.155 1,4% 5,9 8.673 23 SAMSUNG ELECTRONICS ROMANIA SRL electronics wholesale 1.070 11,0% 26,1 205 24 LIBERTY GALATI S.A. -
Europe Business Briefing
Western Europe Business May 2019 Copyright © ASAHI GROUP HOLDINGS. All rights reserved. Our Vision Asahi Europe will become a global premium beer powerhouse 2 Copyright © ASAHI GROUP HOLDINGS. All rights reserved. AEL’s role for Asahi Group AEL leads the growth of Asahi Group in international beer business to be global player with local approach through • Premiumisation in mother country business and • Global brand expansion in international business 3 Copyright © ASAHI GROUP HOLDINGS. All rights reserved. How are we delivering our growth plans? Growth Engines Rockets • Full potential mindset and • Focus on global cities with high strategies premium consumption • Opportunity-led portfolios • Global brand-led portfolios and and unified brand platforms unified brand platforms • Flawless and disciplined • Influence on the “last mile” execution through bespoke routes-to-market • Centers of excellence • Adopters of “best practice” in core focused on our core capabilities capabilities 4 Copyright © ASAHI GROUP HOLDINGS. All rights reserved. We are making strong progress against all priorities • Executing long-term strategies to achieve our targets Driving strong and sustainable • Growing “Core Brands” N.P.R. in all markets performance in • Penetrating into growth segments via Innovation “Growth Engines” • Driving cost efficiencies across all Businesses • Delivering strong growth in current geographic footprint Positioning “Rockets” • Expanding beyond current footprint based on our ability to win for disproportional long-term success • Developing strong commercial partnerships • Embedding our “Ways of Working” • Developing world-class commercial capabilities Creating unassailable • Enhancing and growing our talent base competitive advantages • Optimizing our cost efficient and scalable back office • Embedding our winning “challenger” culture 5 Copyright © ASAHI GROUP HOLDINGS. -
Generating Inclusive Growth Sabmiller Plc Sustainable Development Summary Report 2012
SABMiller plc Sustainable Development Summary Report 2012 Generating inclusive growth SABMiller plc Sustainable Development Summary Report 2012 About SABMiller plc SABMiller plc is one of the world’s largest brewers with brewing interests and distribution agreements across six continents The group’s wide portfolio includes global brands such as Pilsner Urquell, Peroni Nastro Azzurro, Miller Genuine Draft and Grolsch as well as leading local brands such as Águila, Castle, Miller Lite, Snow, Tyskie and Victoria Bitter. SABMiller is also one of the world’s largest bottlers of Coca-Cola products. In 2012 our group revenue was US$31,388 million with earnings before interest, tax, amortisation and exceptional items (EBITA) of US$5,634 million and lager volumes of 229 million hectolitres. Group revenue 2012: US$31,388m +11% 2011: US$28,311m EBITA 2012: US$5,634m +12% 2011: US$5,044m Lager volumes 2012: 229m hectolitres +5% 2011: 218m hectolitres Boundary and scope of this report This report covers the financial year ended 31 March 2012. Operations are included in this report on the basis of management control by SABMiller. Our US joint venture, MillerCoors, is also included. Our economic interest in MillerCoors is reflected when reporting quantitative key environmental performance indicators. A list of the operations covered in this report is available on page 21. Angola, Russia and Ukraine are no longer included following changes to strategic alliances this year which means that SABMiller companies no longer have management control. We aim to include new acquisitions or market entries within two years. This year SABMiller acquired Carlton and United Breweries (CUB), the Australian beverage business of Foster’s Group Limited, which will be included in the 2013 report. -
Annual Report 2015 Report Annual
SABMiller plc SABMiller Annual Report 2015 SABMiller plc Annual Report 2015 We are in the beer and soft drinks business. We bring refreshment and sociability to millions of people all over the world who enjoy our drinks. We do business in a way that improves livelihoods and helps build communities. We are passionate about brewing and have a long tradition of craftsmanship, making superb beer from high quality natural ingredients. We are local beer experts. We have more than 200 local beers, from which we have carefully selected and nurtured a range of special regional and global brands. Performance highlights Group net producer revenue1 Revenue3 EBITA4 EBITA margin progression -2% -1% -1% 0basis points 2015: US$26,288m 2015: US$22,130m 2015: US$6,367m 2015: 24.2% 2014: US$26,719m 2014: US$22,311m 2014 5: US$6,460m 2014: 24.2% 2 2 2 +5% +6% +6% +30 basis points2 Beverage volumes Profit before tax Adjusted EPS6 Dividends per share7 +2% 0% -1% +8% 2015: 324m hectolitres 2015: US$4,830m 2015: 239.1 US cents 2015: 113.0 US cents 2014: 318m hectolitres 2014: US$4,823m 2014: 242.0 US cents 2014: 105.0 US cents Water usage (beer)8 Net debt9 Free cash flow10 Total shareholder return11 -6% -27% +26% 121% 2015: 3.3 hl/hl 2015: US$10,465m 2015: US$3,233m Peer median: 85% 2014: 3.5 hl/hl 2014: US$14,303m 2014: US$2,563m 1 Group net producer revenue (NPR) is defined on page 188 and includes the group’s 6 A reconciliation of adjusted earnings to the statutory measure of profit attributable to equity attributable share of associates’ and joint ventures’ net producer revenue of shareholders is provided in note 8 to the consolidated financial statements. -
Ziarul Financiar Ziarul Financiar
CE |NSEAMN~ CEL MAI MARE |N BUSINESS Goana dup` cel mai mare hotel, cea mai scump` ma[in`, cea mai mare cre[tere. Afla]i \n BUSINESS Magazin ce \nseamn` s` ]inte[ti mereu locul I. Revista BUSINESS Magazin apare la chio[curi \n fiecare miercuri [i cost` 3,5 lei Ziarul Financiar EDITAT DE PUBLIMEDIA ANUL IX / NR. 2245 24 PAGINI MAR}I, 16 OCTOMBRIE 2007 PRE}: 2,50 LEI WWW.ZF.RO 200 de „list`ri“ Is`rescu cere Guvernului pe RASDAQ de la s` nu mai arunce cu bani \nceputul anului ADRIAN COJOCAR Guvernatorul BNR afirm` c` politica fiscal` este de acum pårghia |N ULTIMUL an, investitorii pe Burs` au descoperit peste principal` de reducere a infla]iei, altfel sunt riscuri pentru economie. 200 de companii listate pe RASDAQ, care datorit` cre[terii lichidit`]ii au intrat sub inciden]a normelor de tranzac]ionare ale Comisiei Na]ionale a Valorilor Mobiliare (CNVM). ZF Pe scurt |n lipsa unor noi list`ri [i \n condi]iile unor alternative de investi]ii limitate pe care le ofer` pia]a reglementat`, inves- titorii [i-au \ndreptat aten]ia spre pia]a RASDAQ, sco]ånd EVENIMENT Mugur Is`rescu din anonimat o parte din companiile de pe aceast` pia]`. Generalizarea practicii guvernatorul BNR Promovarea acestor companii este la fel de important` ca o Investitorii str`ini [i romåni ar ofertelor promo]ionale la credite listare propriu-zis`, multe dintre vedetele de pe RASDAQ putea beneficia de facilit`]i precum cu dobånzi foarte mici \ncepe s` se fiind mai tranzac]ionate decåt Transelectrica [i Alumil, bonifica]ii de dobånd` la unele credite, vad` [i \n statisticile BNR. -
KBC Banking & Insurance
Press release zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz zzzzzzzzzzzzzzzzzzzz Brussels/Bucharest, 22 April 2008 – 11.30 a.m. CET KBC group launches greenfield consumer finance business in Romania Today, during a press conference in Bucharest, André Bergen, KBC Group CEO, announced the launch of KBC Consumer Finance’s operation in Romania. Entering the Romanian consumer finance market through a greenfield venture illustrates KBC group’s commitment to Romania as a high-growth, high-potential market. In Romania, KBC Consumer Finance offers instalment loans (POS loans) in close co-operation with retailers, who receive support services through the KBC Business Partner Programme to help them grow their own business. The company will also offer cash loans and credit cards directly to Romanian consumers through its own network of sales outlets, agents, brokers, telemarketing (call centre) and the Internet. KBC Consumer Finance works according to a multi-channel, multi-brand and multi-product model. It employs 1 700 FTE, has its headquarters in Warsaw (Poland), and is active in the Czech Republic, Belgium and Poland. André Bergen, KBC Group CEO welcomes the launch of KBC Consumer Finance’s operations in Romania: “Romania is among the most populated CEE countries, with 21.7 million inhabitants and economic growth consistently above the CEE average. We believe in the growth potential of Romania, which has increased following the country’s accession to the EU. The KBC group already made important long-term strategic and successful investments last year with the acquisition of Romstal Leasing and KBC Securities Romania (the former Swiss Capital). Just as in other CEE countries, the consumer finance market in Romania is a very competitive one, but at the same time has tremendous potential.