costs
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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...
Bricostore: wage costs could rise by 20-30%
French-based DIY retailer Bricostore, a part of the Bresson group, last year posted profit worth around 27 million euros, amid turnover worth 180m euros from its 8-store network in Romania....
DTZ: office costs in Bucharest up by 45%
Bucharest will climb nine positions this year in the ranking of the 137 most expensive cities in terms of annual usage costs of office space (which consist of rent and other expenses) to 102...
High euro costs could lead to more expensive RON loans
An increase in interest rates for euros is being considered by several banks in order to maintain profitability now that refinancing costs are higher. In addition, bankers also anticipate a...
Plapcianu: High costs can hinder network expansion
So far, banks have made money easily in Romania, but they are likely to encounter problems covering costs in the future, while relationships with customers will become increasingly important...
Draxlmaier's labour costs exceed expectations
Representatives of the German producer Draxlmaier, the largest employer in the Romanian auto parts industry, believes the attractiveness of the domestic automotive industry is weakening for...
Polimeni: Romanian land costs 5 times more than in Poland
American developer Polimeni International, which announced investments worth 300 million euros, has completed its first two acquisitions on the domestic market, after paying 28 million euros...
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...
Head of CPN on logistics costs
Gabriel Matei, the president of Consumer Product Network, a company which broke away from A&D Pharma group in 2002, is predicting a price drop for the overall consumer goods market, as a res...