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New law forces banks to find other ways for consolidation
The banks operating in the Romanian system will be disbursing increasingly lower dividends to their shareholders in the future, as most of the net income will be used to consolidate their eq...
New business sealed in China
The Romanian business people that visited China have concluded a series of partnerships with their Chinese counterparts and signed a few export contracts. Pharmaser Pitesti will therefore bu...
Franchise side by side with new retailers
The development of commercial centres on the Romanian market in the last few years has brought into the spotlight a phenomenon unknown to many Romanians, yet very common in the developed cou...
McCann-Erickson Romania, premiata la New York Festivals
McCann/Creative Services a obtinut doua distinctii in cadrul editiei din acest an a New York Festivals (NYF): medalia de argint pentru realizarea campaniei impotriva discrimarii etnice "Comu...
Commercial banks find loophole in new National Bank regulations
The National Bank of Romania (NBR) is doing its best to block a loophole found by banks, which are now going around the restrictions imposed by the central bank on granting home loans. More...
New Sumitomo factory in Romania
Japanese electrical automotive wiring maker Sumitomo Electric Ltd. is to open its third facility in Romania by the end of the year, following an about 7 million-euro investment, Florin Ionut...
New brands boost Vincon sales
Wine producer Vincon Vrancea reported $21m in turnover last year, up 24% from 2002's $17m. "The growth was mainly fuelled by the fine wines, which surged 27% from 2002, as we launched the Vi...
Terapia: new manager, new programme
Several months after taking over Terapia Cluj-Napoca, the second-largest Romanian drugmaker, American financial group Advent International is beginning a new streamlining programme set to cu...
New York Times iese cu International Herald Tribune color
Sa investim fara sa facem schimbari majore, acesta pare sa fie laitmotivul publicatiei New York Times, proprietar, de un an incoace, al cotidianului International Herald Tribune, distribuit...