Romanian
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Romanian vehicle fleet reaches 4.5 million units
The number of vehicles in Romania increased by almost 9% in 2007 against the previous year, most of which were new, whilst sales of heavy haul commercial vehicles doubled against 2006, accor...
Romanian consumers buy more, but shop less
The FMCG market could increase by over 15% this year against 2007 and maintain its growth rate, an estimate made by market research company GfK reveals. "This year, we expect to see sales of...
Romanian architects, more expensive than Czech ones
Major local architecture firms say Romanian architects are becoming increasingly more expensive, surpassing the rates of those in neighbouring states, such as the Czech Republic. The explana...
Over 150 foreign insurers on Romanian market in 2007
Over 150 insurers from the European Union have entered the Romanian market after they notified the Insurance Supervision Commission (CSA), and took advantage of the European passport. The bu...
Romanian BIP Grup sold to UK-based IMSG
Romanian company Business Ideas Provider Grup Romania (BIP Grup), included in the ZF ranking Top 100 Businesses Built from Scratch is to be fully taken over by the British company Internatio...
Pirelli recruits Romanian workers from Italy for local market
Italian tyre producer Pirelli will recruit skilled Romanian workers from Italy in 2008 for its Romanian-based plants, as part of a project conducted by the Ministry of Labour in partnership...
A Romanian, head of ING lending in 10 countries
Mihaela Bitu, 37, ING Bank Romania executive director, has been appointed as regional head of general lending Central and Eastern European products with ING Bank Netherlands, a position from...
Wimmer, BCR: I fully trust Romanian economy
Romania will have no trouble financing its current account deficit, which is likely to start adjusting as of 2010, whereas its international reserves, worth over 27 billion euros, are comfor...
Bleyzer: Romanian entrepreneurs ask for too much money
Michael Bleyzer, chairman and CEO of the American-held investment fund SigmaBleyzer, which entered Romania this year through the acquisition of milk producer Covalact, says the price that Ro...