Year
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Siceram plans 3m-euro investments this year
Ceramic materials producer Siceram SA, based in Sighisoara, has budgeted investments worth 3 million euros for this year, aimed to develop the production line for construction materials, as...
Allianz-Tiriac: 3rd pillar - 200,000 clients in the first year
The private optional pensions (the 3rd pillar) will attract some 200,000 clients this year, estimates Crinu Andanut, manager of the pensions division of Allianz-Tiriac. Optional pensions wil...
Domestic economy up by 7.7% last year
The domestic economy grew by 7.7% last year, compared with a previous estimate of 8% and with a growth of 4.1% registered in 2005, according to data published by the National Institute of St...
Pet owners spend 40m euros a year on pet food
The market of dog and cat food will exceed 40 million euros this year, up by around 5% against last year's figures, according to Euromonitor estimates. The over 15% growth rate of dog and ca...
Neoset to open eight stores this year
Neoset, a furniture manufacturer and retailer, intends to expand its store network by another seven or eight outlets this year. Currently, the company owns over 15 retail outlets throughout...
Plus Discount to invest 55m euros this year
The German discount store network Plus will invest over 55 million euros this year, opening 30 new outlets and to boosting its storage capacity. According to the companyes plans, the network...
Depreciation vs. appreciation of the RON in second half of the year
The NBR (National Bank of Romania) could lower the monetary policy rate to 7%, at the end of this year, anticipate Raiffeisen analysts in Vienna. They also consider it likely that the loweri...
Orange: We are counting on 8.7m clients at the end of the year
Orange Romania, the number one on the local mobile telephony market, estimates it will manage to attract 700,000 clients this year, despite an extremely competitive market. The scheduled inv...
Furniture worth 1.4bn euros this year
Furniture production may rise by 5-6% this year, maintaining the growth pace registered last year. "The final data have not been centralised so far, but I estimate the furniture production h...