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Promotions and Police boost sales of new Romanian cars
The aggressive pricing of cars and the start of deliveries to the Romanian Police led to sales of Romanian-made cars resuming growth in May, after four months of decline compared with the pr...
Romanian companies and individuals have Ã850m invested abroad
Romanians - individuals and companies, had investments abroad worth some 850 million euros at the end of March, an increase of 35% from the same time last year, according to the reports file...
Petrom spends 100m euros in finance and IT platform
Austrian Reinhard Pichler, Petrom''s chief financial officer, is in charge of the largest project related to the centralisation of accounting and IT services ever undertaken in Romania. The...
24m-euro profit for Renault and Peugeot
Renault Romania and Trust Motors, Renault and Peugeot importers, posted a cumulated net profit worth almost 24 million euros last year. Booming sales for imported cars were reflected in the...
Kaufland and G''market in the red in 2005
Kaufland and G''market, two of the international networks that are active on the retail market, closed last year in the red. The year 2005 had seen international players such as Carrefour an...
Staer to rely on franchising and expansion abroad
Stefan Nicolae, general manager of the Galati-based Staer furniture producer, says the aggressive expansion of the company''s store network and the opening of its first store in Bulgaria wil...
Business software and IT services market to top 200m euros
The value of local software and IT consultancy services for companies will reach 200-300 million euros in two or three years, against the approximately 100 million euros last year, according...
GEFCO makes 7.5m euros from logistics and transport
French company GEFCO, a part of the Peugeot-Citroen group estimates it will post a turnover worth 7.5 million euros from logistics, distribution and transportation of goods in its first year...
QVT and Broadhurst ready to pay 126m euros for Asirom
Investment funds Broadhurst and QVT, the main minority shareholders of Asirom, have submitted documents to the National Securities Commission (CNVM) for a tender offer to buy Asirom shares,...