Year's
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First drop in retail over the last 4 years
In February, retail sales saw their first drop in the last four years, particularly on the segment of food products, according to data published by the National Statistics Institute on Tuesd...
Aviva aims to be No.1 in three years
Life insurance company Aviva Romania aims to become leader on the market of newly issued policies in the next three years and to rank among the top players on the market of private pensions....
Real estate in Bucharest yields 1,500% profit within 8 years
The prices of real estate in certain areas of Bucharest have increased 14 times since 1999, when a two-room apartment could have been bought for 5,500 euros in a fairly central area of the c...
Pharmaceutical consumption could match European level in 6 years
Pharmaceutical consumption per capita in Romania amounted to around 70 euros last year, up from 57 euros in 2005. By comparison, drug consumption in France stands at 400 euros per capita, an...
BCR network to be modernised in three years
The branch network of Banca Comerciala Romana (Romanian Commercial Bank - BCR) will undergo fundamental changes starting this year, with one of the main projects involving a new organisation...
Mobexpert to add another 19 hypermarkets in the next four years
The Mobexpert group, the leader of the furniture market in Romania, plans to be operating 24 hypermarkets in the region by 2011, four of which abroad and 20 in Romania. Currently, the Mobexp...
Sorin Ovidiu Vantu sentenced to two years in prison in the BID case
The Bucharest Court of Sector 1 yesterday sentenced Sorin Ovidiu Vantu to two years in prison and demanded payment of 150,000 RON to cover legal expenses accrued during the case brought agai...
Impact concludes first loss-making Q3 in four years
Impact concludes first loss-making Q3 in four years
Roland Berger: 15 years to meet EU standards
Roland Berger: 15 years to meet EU standards