Year
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Coca-Cola to start energy generation in one year
Coca-Cola Hellenic Bottling Company (CCHBC) will complete construction of its first electricity generating facility in the first quarter of 2009, in Ploiesti, with its second investment, in...
Claims grow faster than premiums for 4th year
The gross claims settled by insurance companies last year went beyond 1bn euros for the first time, up 35% (in euros) from 2006. Also, turnover on the insurance market in 2007 advanced by a...
Software industry recruits majority of qualified graduates each year
The number of employees in the local software sector has more than doubled over the last five years from around 25,000 to over 55,000 employees, according to preliminary data from a survey c...
RAEF unaffected by troubled start of the year
Horia Manda, senior vice-president and chief investment officer of RAEF (Romanian American Enterprise Fund), has stated that he intends to make acquisitions worth over 40 million euros this...
BYD to produce 3m Nokia cases each year
Chinese-based BYD Electronics, an established Nokia supplier, will start production in Jucu, Cluj-county, in November, and plans to produce around 3 million plastic cases for mobile phones e...
Fotoreporter Mediafax Foto, premiat la Pictures of the Year International
Andrei Pungovschi (foto), fotoreporter la Mediafax Foto, a castigat un Premiu de Excelenta la categoria Sports Action a celei de-a 65-a editii a competitiei de fotojurnalism Pictures of the...
Faster increase in banking and insurance salaries last year
The annual salary of bankers went up by 24% last year (in euros), and by 20% for employees working in insurance. Both increases top those registered in 2006 (by 13% and 15% respectively), al...
Isarescu: The euro will stay high this year
The Romanian currency will not be able to regain the ground it lost against the euro this year, so the average exchange rate will register an increase against 2007, considers Mugur Isarescu,...
Asesoft Distribution targets 135m dollars this year
Asesoft Distribution, a Romanian IT distribution company, part of the Asesoft group, estimates a 135 million-dollar (90.8 million-euro) turnover this year, up 30% from the 104 million dollar...