budget
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Nestle doubles budget for Maggi promotion
After increasing its sales of spices by over 40% last year with a remarkable ad campaign to promote the Maggi brand, food producer Nestle Romania is allocating a double budget for a similar...
IMF demands higher budget revenues
Romania needs clear and consistent economic policies, a more ambitious programme of structural and institutional reforms, more money for the budget - possibly by increasing the VAT or the 16...
Workers abroad sustain the budget
Last year, VAT from the spending of the money, which was sent back by Romanians working abroad amounted to 700 million euros. Net transfers in Romania''s balance of payments brought a total...
Budget receipts 16% higher in January
General budget receipts surged by almost 16% in January 2006 compared with January 2005. The increase was of just 6.3% if the 8.9% inflation rate posted during this period is taken into acco...
Petrom to have budget for foreign acquisitions
Petrom, the largest oil company in Romania, is to have a budget for acquisitions on foreign markets, including Serbia and Bulgaria, Wolfgang Ruttenstorfer, chairman of Austrian group OMV, th...
Porsche Leasing revises budget upwards
Porsche Leasing, the largest such company on the domestic market has revised its goals for this year, upping the full-year contract value target to 190 million euros from the 160 million eur...
Budget adjustment postponed yet again
The adjustment to the budget will now not be made at the end of this month, nor in early June. It will take place at the end of June after a visit by the IMF is concluded. These latest devel...
Budget adjustment delayed by floods
Completion of the budget adjustment has been postponed due to the floods, which were the cause of additional expenses requiring extra calculations, said Finance Minister Ionut Popescu. "The...
La Festa on budget in Q1
La Festa Romania, the maker of Tedi natural juice, has posted a growth in turnover of 25% for the first quarter of the year, compared with the period in 2004. The company did not reveal its...