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Carrefour and Real compete inside the same retail park in Sibiu
The expansion of modern retail networks will bring a new situation onto the domestic market, as Carrefour prepares to join Real at the same retail park in Sibiu. Carrefour, the most powerful...
Egnatia triples financing and targets nationwide expansion
Egnatia Bank reached a volume of granted loans worth 244m euros in September, triple the amount registered last autumn. "We had very good results on the corporate segment. We have financed s...
easyJet: new flights to London and Madrid
Low-cost airline easyJet, which on September 10 introduced its first flight on the Romanian market on the Bucharest-Milan route, inaugurated two new flights on Monday, which depart from the...
New credits and current accounts from CR Firenze
CR Firenze bank, the former Daewoo Bank, released new credit and savings products last week. The bank announced on Monday the launch of a current account for individuals, with a 5.5% annual...
Hot summer and new products boost energy drink sales
Energy drinks and ice tea, two segments still underdeveloped on the beverages market, registered growth by over 150% in H1 this year against the same period last year. Sales of energy drinks...
Bank and insurance wages resume strong increase
The wages of employees in the banking system and in insurance companies have resumed a strong increase, after a significant slowdown in 2006, shows data from the National Statistics Institut...
Red Bull posts 10.3m-euro sales and gains 70% market share
Red Bull Romania posted sales worth 10.3 million euros (34 million RON) in the first eight months of this year against the same time in 2006, which accounts for approximately 70% of the ener...
Government cuts funds for wages and roads to pay for pensions
After four years in office, the Government has shifted its focus from transport and infrastructure to education, pensions and social security, with regard to the budget. The 2008 budget focu...
Raiffeisen to fund both developers and their clients
After having aggressively entered the market of real estate project financing, Raiffeisen is preparing to launch a product through which it can release loans both to developers and their cus...