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Six new Motor Jeans stores by yearend
Paradis Star, master franchiser of Motor Jeans, intends to open another six stores this year, in the wake of a 300,000-euro investment. "The opening of a Motor Jeans store entails an investm...
Equity funds not helped by portfolio diversification
Equity funds could not protect themselves from aggressive corrections, as the dramatic slumps seen by the BSE and RASDAQ market have left them with no growth alternatives. Companies listed o...
Cement sales affected by bad winter
Cement manufacturers on the local market - Lafarge (France), Holcim (Switzerland) and HeidelbergCement (Germany), registered slower growth in the first quarter of the year instead of the rec...
Orange: Growth undermined by roaming and interconnection
The revenues of Orange Romania, the largest mobile phone operator on the local market, went up by 8.4% in the first quarter of the year and reached 307 million euros, supported by the increa...
MedLife to invest 30m euros in 4 new hospitals by 2010
Private medical services provider MedLife will open four hospitals in Iasi, Constanta, Brasov and Timisoara in the next two years, and also targets an expansion of its medical services portf...
Toyota: 25,000-unit sales and 5% market share by 2010
Thierry Dombreval, executive vice-president and COO with Toyota Motor Europe, says the company aims to sell 250-300 units of the Prius hybrid model on the local market this year. In Romania,...
General insurance market expected to rise by 18%
The Romanian general insurance market will rise at an annual rate of 18% in the 2008-2012 period, while life insurance premiums will see an annual 21% growth rate, according to researchandma...
Carrefour sees operating income up by 33%
Carrefour, leader of the hypermarket segment on the local market, registered a 33% increase in its current operating income in Romania last year, amid a net turnover worth 731.1 million-euro...
Pump prices likely to rise by over 25% by yearend
Oil prices could reach 200 dollars/barrel, a price that even the most downbeat players, who projected a 150 dollar threshold early this year, could have hardly anticipated. Romania currently...