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The government of Romania has asked IFC, a member of the World Bank Group, to help it conduct a study of the country's competitiveness.
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In a move to service its growing customer base, Delphi Corporation , one of the world's largest automotive suppliers, has officially announced it is planning to open a new diesel engine management system components plant.
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IFC, the private sector arm of the World Bank Group, will provide a seven-year loan to Romania's Credit Europe Bank to support the bank's expansion into small and medium enterprises and strengthen its balance sheet by providing local currency funding with a longer tenor than currently available in the local market.
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PepsiAmericas, Inc. and PepsiCo today announced that they have reached an agreement to jointly acquire 80 percent of Sandora, LLC, the leading juice company in Ukraine. The acquisition, for a total purchase price of $542 million plus assumed debt, provides PepsiAmericas and PepsiCo a strong platform for growth in the emerging Ukrainian market.
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