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Prista Oil posts lower turnover due to oil prices
Bulgarian manufacturer Prista Oil, one of the top lubricant importers on the local market, estimates its sales rate in Romania will go up 50% in the second half of the year, to 9 million euros. In the first half of the year, the car and industrial lubricants m...
Carpatcement Holding's sales stagnate due to production limitations
Carpatcement Holding, the local division of the German group HeidelbergCement, posted a mere 1% increase in turnover in the first half of the year, against the same time in 2007, as a result...
Most expensive Ferrari in Romania due to arrive
Forza Rossa, the importer of Ferrari on the domestic market, is set to deliver the first Scaglietti 612 "One to One" limited edition model. The price of the model starts at 225,000 euros VAT...
Cost of holidays up almost 20% due to higher oil prices
Oil prices of 140 dollars per barrel are leaving their mark on the prices Romanians pay for holidays. Travel agencies say summer holidays spent abroad are this year 12-20% more expensive on...
AAA Auto could exit the market due to poor sales
Four years after it entered the domestic market, Czech used car dealer AAA Auto is considering exiting the market. The company achieved only one third of the 7,000-unit sales targeted for 20...
Voicu: We could see mergers due to personnel shortages
Law firm Voicu & Filipescu posted turnover worth around 1.5 million euros in the first three months of this year, up 35% on last year. During this period, the firm's main focus was the merge...
Farmland prices set to triple due to rising food prices
The soaring prices of agricultural products in recent months have raised investors' interest in cultivating grain on ever-larger areas, which is driving up the price of agricultural land. At...
Orkla Foods: restructuring due to poor results
The local branch of the Norwegian group Orkla Foods reported a significant decline in sales and profit last year, against the previous year, and started a restructuring process, according to...
ING pension sale success due to consultants
The recent success of Dutch-based ING on the private pensions market can be attributed to one single character, who became famous over the four-month campaign that ended last week: the ING c...