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Lekkerland targets 100m-euro mark by 2010-2011
Narcis Mihai, country manager of FMCG distributor Lekkerland Romania, says a more developed road infrastructure would reduce distribution costs by 10%. German-based Lekkerland Convenience po...
First three Galleria malls, to open by September
The first three Galleria shopping centres developed by Globe Trade Center (GTC) on the local market, in Buzau, Suceava and Piatra Neamt, will be opened by September this year, being the only...
Office furniture market could reach 100m euros by 2011
The most dynamic segment of the furniture market, office furniture, exceeded the 80 million-euro mark in 2007. The 15% increase will maintain this year, as well, according to estimates of pl...
Stock Exchange extends trading session by 2 hours
The Board of Directors of the Bucharest Stock Exchange (BSE) has decided to extend its daily trading schedule on the Stock Exchange by two hours, from 10:00 - 14:30 to 10:00 - 16:30 as of Ju...
Help Net raised pharmacists' salaries by 40%
Help Net, one of the leading players in pharmaceutical retail, will launch 15 new units this year, both in shopping centres and independent stores, which will bring the overall network to 11...
Treichl: We'll catch up with BRD by yearend
The fact that Soci?t? G?n?rale's BRD has outranked the BCR in terms of network size and of efficiency is the result of the French group's entry onto the market in 1999, according to Andreas...
Vienna Insurance cuts costs by 7m euros a year
Austrian group Vienna Insurance is currently working on a plan to create synergies among five out of the seven companies it owns on the local market in order to cut costs by 7 million euros...
Banks alarmed by fake salary certificates
Credit institutions are looking for ways to verify documents that attest individuals are salaried and have declared their incomes. Alarmed by the amount of loan applications based on fake sa...
Tnuva: We will double our product portfolio by yearend
Sagit Tzur Lahav, Vice-President Marketing of Tnuva Romania, said that, after the Israeli group achieved its target of becoming a known brand locally, this year it would focus its strategy o...