budgets
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Volatile exchange rate upsets corporate budgets
Increasingly profound exchange rate fluctuations are giving headaches to managers that chose to borrow in foreign currency and also to those trying to conduct their business in an environmen...
Lafarge Arcom Gips budgets 25% turnover increase
Lafarge Arcom Gips, the local plasterboard division of the French group Lafarge, forecasts turnover worth 25 million euros this year, up 20% against 2007. The estimate is prompted by a surge...
Transgaz budgets 28% higher profit in 2008
Transgaz Medias (TGN), the national natural gas pipeline company, has budgeted gross income worth 317.6m RON (90.7m euros) for this year, around 28% higher than the estimated level for 2007,...
Servtrans budgets 50m-euro investments
Servtrans rail operator is set to invest 50m euros this year in acquiring rail equipment, carriages and modernising locomotives in its fleet. Approximately 75% of the capital for investments...
Salary costs force companies to rethink budgets after EU accession
Workforce costs are the costs that have witnessed the highest increases, exceeding estimates, after the accession to the EU, reveals a survey conducted by ZF among companies on the domestic...
Charter flights double on rising holiday budgets
As Romanian tourists have more money available to spend on holidays, the number of charter flights has doubled to around 1,500 return charter flights operated by travel agencies in partnersh...
Grup Feroviar Roman budgets 77m-euro business
Grup Feroviar Roman (GFR - Romanian Railway Group), one of the leaders on the local market transporting freight and goods, has budgeted a business worth around 77 million euros (270 million...
Romexterra budgets 8m-euro gross income
Romexterra budgeted an almost 13% increase in gross income it for this year, to 27.6 million RON (equivalent to some 8 million euros). The bank's assets should increase by almost 65%, to a l...
Feleacul sweets producer budgets 3m-euro turnover
Cluj-based sweets producer Feleacul has budgeted an over 3 million-euro turnover for this year, an approximately 20% increase against last year. "The projected trend relies primarily on the...