Year's
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OTC drugs could generate 0.5bn-euro sales in 5 years
Romania's OTC drug market is set to maintain its over 17% growth rate within the next 5 years if the economic growth remains steady, believes Nicholas Hall, chairman of Nicholas Hall & Compa...
Daewoo Mangalia back into the black after two years
After two years of heavy losses, Korean-based shipbuilder Daewoo Mangalia is back in the black, by taking advantage of the high demand for ships worldwide. "We want to draw attention to the...
Brokers to arrange 30% of banking loans in 5 years
Over 500 credit brokers arrange approximately 5% of the overall volume of loans granted by banks, with the domestic banking brokerage industry lagging far behind the European market, where a...
Rematholding: 100m euros from scrap iron in 3 years
From initial investments worth 200,000 euros, Rematholding group, which specialises in the collection, processing and sale of scrap iron, has derived in excess of 100m euros turnover in its...
ALB: Leasing market to rise 50% in coming years
The leasing market is expected to maintain its 50-55% growth rate over the next few years, with the fastest growth rate estimated for the segment of real estate leasing, according to the gen...
Shimon Galon, GTC Romania: Real estate boom will last for 3 or 4 more years
Shimon Galon (photo), the head of the Romanian division of GTC, an Israeli-based real estate developer, is currently working on more than ten real estate projects, which total one million sq...
La Fourmi could reach 30-35 stores in Bucharest in 3-5 years
Patrick Knight, the new managing director of La Fourmi supermarket network, believes that by taking over stores the company could solve the problems generated by the labour force shortage in...
Tourism revenues, down for the first time in 5 years
Romania's international tourism revenues were 3% lower in the first half of this year compared with the same period last year and reached 381m euros, accounting for the first slump in the pa...
Foreign analysts put this year's foreign investments at 7.2bn euros
Romania is going to attract foreign direct investments worth approximately 9.5bn dollars (7.2bn euros) this year, believe the analysts of 12 foreign financial and research institutions, whic...