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Banks achieve better cost control in H1
The banking system succeeded in improving cost management over the last year, so the share of costs in overall revenues fell by over 6 percentage points, from 62.73% in the first half of 2007, to 56.55% in the first half of 2008. At the end of last year, the c...
Romanian business owners pay their executives better than multinationals
The major Romanian companies pay up to 20-30% more to attract skilled people from multinationals, who have experience at large companies with a global presence, but also to offset the risks...
Altex: Air conditioners to sell better than LCD TVs
Dan Ostahie, chairman of Altex, the biggest retailer of electronics and home appliances on the Romanian market, believes that air conditioners will be one of the most important segments on t...
December 2007, 20% better than December 2006 for retailers
Manufacturers of consumer goods and electrical home appliances and retailers state this yearend's sales, the best indicator for the annual budget, are around 20% higher than last year. The i...
Romanian managers are better paid than Hungarians
The net monthly income of a Romanian middle manager working for a major multinational or in an expanding field (retail, banking, IT, financial services) exceeds, on average, 2,800 euros, whi...
Noul slogan al Wal-Mart: "Save Money. Live better"
Dupa aproape douazeci de ani, Wal-Mart isi va schimba sloganul, ca urmare a incercarii companiei de repozitionare a brandului, scrie cotidianul Financial Times. Noul slogan "Save Money. Live...
Consumers like hypermarkets better than supermarkets
Hypermarkets are currently the main food shopping outlets for around 18% of domestic consumers, a share that increased from 11% in early 2006. Hypermarkets have left supermarkets behind in R...
Eurisko: 2007 will be even better than 2006
Some major investors, now reluctant because of the high yields on the domestic market, seen as a risk factor, are expected to enter the market. "The major German developers have not entered...
Sherif: The less you touch the product, the better
Rand Sherif, general manager of Interbrands, the biggest distribution company in Romania, says he had to cut down the number of warehouses from 34 to 24 to retain competitiveness. "In distri...