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For every new hypermarket opened, 100 small stores close
New hypermarkets often cause several tens of convenience stores to close, however, the real winners are petrol stations that stay open 24 hours and do not rely on store sales alone. What are the strategies used by petrol stations to make the most of their adva...
Leonardo to open a Libelula store every 2 weeks
Florin Panea, chairman and CEO with Leonardo footwear retailer, says he plans to develop Libelula store network that sells footwear to low-income people, which could cover a yet untapped mar...
Rosenstock: Every investment must yield a profit
Hans Ludwig Rosenstock, 45, has been Mittal Steel Galati steel plant''s chief operating officer (COO) for about a year. "I couldn''t say there is a concrete job description for my position....
Every big city household spends 571 RON/month on consumer goods
The average big city household spending on basic products amounts to 571 RON (some 155 euros) per month, according to the "Shopper Trends" survey by researcher AC Nielsen. The survey is base...
Isarescu: NBR will use every instrument to curb inflation
The National Bank of Romania (NBR) has decided to maintain the monetary policy rate at 8.5% and continue to engage in purging substantial amounts of excess cash through operations on the mar...
Natuzzi sales triple every year
Baia Mare-based sofa manufacturer Italsofa, held by the Italian furniture group Natuzzi, estimates to see turnover increase more than three times this year, up to 80 million euros. Italsofa...
Every story must have a sequel - Plaza Romania follows Bucharest Mall
You have undoubtedly heard of the Bucharest Mall. But how about Plaza Romania? This will be the name of the second American-type commercial complex to be built by Turkish group Fiba in Bucha...
Nastase plans every step of governing
Adrian Nastase-led Government has minutely planned its goals by 2004. The Action Plan for PDSR Governing Programme, including all the measures and the projects to be applied by Nastase-led G...
Banc Post to double net profit every year
Banc Post managers by 2003 intend to double net profit every year, up to over 54 million dollars at the end of 2003, and to consolidate the bank's position on the market, by starting to mana...