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Auchan operates at lower margin in Romania than in France
The margins operated by retailer Auchan in Romania are 12-13%, while the same margin on the French market stands at 22%, Regis Mougel, manager of the Auchan hypermarket network in Romania to...
Domo: Home appliances market to stabilise at 3bn euros
The home appliances market, estimated at 1.3 billion euros this year, will experience continued growth until 2012, when it will settle at 3 billion euros, believes Lorand Szarvadi, general m...
Romania at Berlin travel fair
The cultural programmes offered in Transylvania and Bucovina were some of the most popular at this year's Berlin travel fair, held between March 5-9, which included over 11,000 exhibitors (i...
CNP: Inflation at 5.4% in December
Industrial output will increase by 5.2% this year, while the constructions sector will increase by 22% and both register slower rates than in 2006, according to the latest estimates of the N...
Coca-Cola HBC employees can buy company stock at half price
Coca-Cola HBC Romania, the domestic bottler of Coca-Cola products, has recently launched a stock purchase programme through which each employee is eligible to buy Coca-Cola Hellenic shares a...
Porsche Bank assets stagnate at 54m euros
Porsche Bank, the only player on the market specialised in vehicle loans, closed last year with assets worth 54 million euros, a slight decline on December 2006. Last year, total assets in t...
Damian leaves Terapia at No. 1
According to market sources, the former CEO of Terapia Ranbaxy could take over the position of Country General Manager of Zentiva Romania in April. Dragos Damian leaves behind a company that...
Treichl would like Erste stock at 120 euros
Erste Bank (EBS) shares began trading on the Bucharest Stock Exchange (BSE) at 141.9 RON yesterday, up 2% against the reference price of 139.1 RON set by the BSE, based on the preceding day'...
Romanians still like to have their coffee at home
Coffee outlets, hotels and restaurants are still a long way off becoming the preferred places for coffee drinkers with Romanian consumers continuing to prepare their own coffee at home, reve...