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Cost of holidays up almost 20% due to higher oil prices
Oil prices of 140 dollars per barrel are leaving their mark on the prices Romanians pay for holidays. Travel agencies say summer holidays spent abroad are this year 12-20% more expensive on average than last year, amid double oil prices and the around 45% high...
Citi introduces credit cards with annual interest rate of almost 28%
Citibank, the local division of the American giant Citi, yesterday launched two Visa-branded credit cards dedicated to individual clients, after weighing the pros and cons of such a move for...
Agras closure almost done
Agras, the first company specialising in agricultural insurance in Romania is about to close, after shareholders have recently decided to close the last two branches of the insurer. The step...
European Food & Drinks, almost 900m-euro turnover in 2007
European Food & Drinks group owned by Micula brothers generated turnover worth 882.5 million euros (2,945.28m RON) last year, up around 10% on 2006, according to the data released by Viorel...
Mandatory private pensions: almost 3 million clients in three months
More than 2.93 million employees under 45 years of age have already chosen a fund for their mandatory private pension (pillar II) in the first three months since joining one has become possi...
McCann Erickson: creativity of almost 70m euros
The international awards McCann Erickson Romania has won in the past two years have also contributed to turnover growth, with Bogdan Enoiu, manager of the agency, putting this year's turnove...
Ford sales up almost 83% in September
Ford sales on the Romanian market went up by over 59% in the first nine months of this year, to 14,632 units, against the same time last year, a higher growth rate against the 56% in the fir...
BIA's new GM: almost complete team change
Cristian Gheorghe, (37), the new general manager of Business Intelligence Alliance (BIA), which is involved in personnel recruitment and payroll activities, says, since he took the reigns of...
Trigon investments on the market in H1: almost 7m euros
Investment funds managed by Estonia's Trigon Capital have reached an exposure close to 38m euros on the Romanian capital market, double the level registered at the end of last year, when the...