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Gerard, Citroen: Romania is no longer an emerging market
Didier Gerard, general manager of Citroen Romania, which took over import duties of the French brand last summer from ATS, a company controlled by Prime Minister Calin Popescu Tariceanu, say...
NBR: No risk of a hard landing for the economy
There is no risk of an abrupt economic slowdown in Romania, even if the effects of five consecutive increases in the monetary policy interest rate (2.75% in total) were fully felt, according...
Raiffeisen's secret: no changes in key personnel
The pressure on the banking human resources market is created artificially, but it eventually disappears naturally, because the salary growth has to be sustained by a matching revenue increa...
Altria Capital: No buyer pays last year's multiples any more
The mergers and acquisitions market will be less dynamic this year, with the number of deals, as well as the value of assets, already falling, while last year proved the most dynamic from th...
Turbomecanica no longer disburses dividends
Aircraft engine component manufacturer Turbomecanica posted profit worth 7.6 million RON (2.3 million euros) in 2007, the lowest level in seven years. The management of Turbomecanica (TBM) h...
Patriciu: I have no faith in the Romanian capital market
Romania's richest man, Dinu Patriciu, whose fortune is estimated at 2.5 billion dollars, says he does not trust the domestic capital market and expects steep declines in the coming period. "...
Sucu: No strong competition on medium segment
Dan Sucu, chairman of Mobexpert group of firms with operations in the furniture industry, says there is very strong competition on the low and very high price segments of the market and no c...
Affichage targets No. 1 position
Affichage Romania, part of the Swiss outdoor advertising group Affichage Holding, is in talks to take over three companies in Multireklam's portfolio, the largest outdoor advertiser in Hunga...
RON no longer convincing for savings
The increase registered by deposits came to a sudden halt early this year, both in RON and foreign currencies, despite the rising interest rates paid out by banks. The population's RON-denom...