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Fiat helps boost Autoltalia's sales by 20% in H1
AutoItalia, local importer of the brands of the Fiat and SsangYong groups, posted an over 20% sales increase in the first half of this year, to 8,088 units. Fiat saw the highest sales volume...
TNT sees highest growth on Chinese market, by 63%
Courier company TNT, one of the top three players on the local courier market, posted an over 25% turnover increase in the first half of this year, with international shipment being the sale...
Volksbank's lending business grows by 100m euros a month
Austria's Volksbank, a top ten player that has pursued aggressive growth on the retail segment in recent years, at the middle of this year had a volume of loans granted of 2.9bn euros. After...
Private medical services market: close to 1bn euros by 2012
The market of private medical services could reach 890m euros by around 2011, more than double the 350m euros forecast for this year, a period during which cities other than Bucharest will c...
Tractorul Brasov plant replaced by a mall
The owners of Flavus Investitii, which bought the land and assets of the former Tractorul plant in Brasov, are planning to start construction works on a mall, office space and apartments in...
Bechtel to hire another 5,000 workers for motorway by 2010
American-based Bechtel, the builder of Transilvania Motorway, estimates its number of employees in 2010 will be 2.5 times higher than at present. Almost 3,000 employees are currently working...
Paint and varnish market headed to 500m euros by 2011
Major foreign producers of paint and varnish have a low profile in Romania and operate only through imports, while the market posts annual increases of 15-20%. Given the consumption boom, ma...
Deloitte: Romanians will spend 72bn euros on retail by 2017
Romanian retail sales could go up 130% from 2007- 2017, and reach over 72 billion euros, with Romania being, alongside Bulgaria, one of the markets with the biggest growth potential in the f...
Remy Cointreau drives BDG's turnover up by 140%
BDG, the importer of the Jack Daniel's and Corona brands, posted turnover worth 39.4 million RON (10.6 million euros) in the first five months of this year, up 139% against the same time las...