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Arctic expects 23% higher sales in 2006
In 2006, Arctic Gaesti estimates total sales to reach 180-185 million euros, of which refrigerator exports will amount to 75 million euros, the company''s marketing and sales manager Monica...
Ductil Buzau: less profit, higher dividends
The leading Romanian producer of welding and metal cutting solutions Ductil Buzau, saw a net profit worth 13.3 million RON (3.68 million euros) in 2005, some 12% less in euros against the ne...
Alro, 7 times higher profit in the first quarter
Alro Slatina, the biggest producer of primary aluminium in Central and Eastern Europe, in the first quarter of this year derived net income worth 95 million RON (26.6 million euros), seven t...
Orangina allocates 40% higher promotion budget
Irit Mazor, vice-president of business development for Orangina, says this year''s promotion budget is 40% higher than in 2005. "To strengthen the presence of the brand on the domestic marke...
Areva expects 10% higher turnover in 2006
George Iacobuta, the domestic manager Areva, the French-owned energy group, says the development of the energy services and equipment market depends on the economic situation of a country, i...
Businesspersons would take 19% flat tax over higher VAT
The Association of Businesspersons in Romania (AOAR) is in favour of an increase in the flat tax from 16% to 19%, because an increase in VAT would impact on both companies and consumers. "Th...
Remex creates its own models for higher profits
Furniture manufacturer Remex SA in Reghin estimates business and profits for this year will grow, after adjusting its strategy due to problems seen last year. "We will invest in developing o...
Ina International business plan, 25% higher
On a market that may go beyond 250 million euros this year, cosmetics retailers are aggressively expanding in Bucharest and in other cities. Ina International, which controls the Ina Center...
Mutual funds'' investments on BSE, 8 times higher
Mutual funds'' investment dramatically shifted towards the capital market, but monetary instruments still have the heaviest weight in total assets registered at the mutual fund market level....