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Retail chains avoid Moldova due to low purchasing power
Two counties of Romania have not been touched by the boom of modern trade formats, hypermarkets, supermarkets, cash and carry stores, discounters, yet: Botosani and Neamt. How long is this s...
Cotnari strategy changes due to frost
Laurentiu Anghel, the marketing manager of Iasi-based winemaker Cotnari, announced an increase in prices by up to 20% in comparison to their current level, to offset the output losses caused...
Constructions to rise by 10% due to infrastructure projects
Constructions to rise by 10% due to infrastructure projects
Financial report on FNI, due in December
The financial-accounting investigation ordered by prosecutors in the case of the collapse of the National Investment Fund (FNI) will be finalised in late December, the general prosecutor of...
Electrolux logs 94% first half growth due to consumer credits
The strong growth in the sales of the home appliance retail chains following the introduction of the hire purchase has also influenced their main suppliers, i.e. the producers. World's leadi...
Grand Hotel Marriott will exist due to government guarantees
The largest hotel complex in Romania, Grand Hotel Marriott, which required 180 million dollars in investments for building works, will be officially opened at the end of October. Unfortunate...