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Interbrands more optimistic about growth rate
Rand Sherif, CEO of Interbrands, the largest distribution company in the consumer goods industry, with turnover worth over one billion euros, says the Romanian market still has a "privileged" status compared with Central European countries, which are seeing sa...
ING's Boyer believes one more year of financial crisis still to come
The world is going through a period of intense stress and is likely to experience the financial crisis for another year, believes Eric Boyer, a member of ING Group's executive board and head...
Summer in hypermarkets: fewer customers, but more purchases
Amid cooler temperatures compared to last year, with fewer hot periods, this summer did not see sales peaks for beverages, ice creams or air conditioning units in hypermarkets, but major cha...
TAROM makes more than 10m euros from charter flights
National company TAROM, whose business will reach some 290m euros (450m dollars) is making more than 10m euros from charter flights a year, and has contracts signed with both travel agencies...
Customers spend 22% more in City Grill restaurant chain
The higher prices for raw materials and especially rising purchasing power are driving a City Grill customer's tab up by approximately 22% compared with last year. "We have successfully cont...
Loans in Swiss francs could become more tempting
Loans in Swiss francs could become more attractive considering that the franc could strengthen to 1.58 francs against the euro in December, from 1.6211 francs at present, according to an exc...
Employees generate more money for the budget
Romanians earned more in the first half of this year and paid their taxes and thus generated more money for the budget. At least this is what the trend of budgetary revenues from payroll tax...
Charlemagne: more opportunities now, after land was overvalued last year
Charlemagne, which sold three office buildings in Bucharest for 110 million euros last year, is in talks to become involved in three more projects, after a period during which the British co...
Finance Ministry targets more money by curbing evasion
Economy and Finance Ministry intends to introduce new legislative measures on collection of excise duties and VAT and intensify control to fight tax evasion in order to boost budget revenues...