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LNM Holdings eyes bigger slice of Romanian steel industry
Steel group LNM Holdings, owner of the main stakes in Ispat Sidex and Tepro Iasi, may significantly increase its presence on the Romanian market this year. LNM is the only group to have subm...
Romania eyes functional market economy status
Romania has made significant progress since last year and should be able to get the functional market economy status from the European Union, PM advisor Giovanni Ravasio said. Ravasio admitt...
Univers'all changes strategy, eyes Capital
Univers'all Company, which operates the supermarket chain under the same name will open three supermarkets this fall, the first of which will be located in Bucharest, behind the Unirea shopp...
New Mobexpert store eyes 10m euros
The Mobexpert store that opened yesterday near the Carrefour hypermarket will post annual sales worth 10 million euros, said Dan Viorel Sucu, chairman of the Mobexpert Group. The sales of Mo...
La Fourmi eyes 25% growth
Supermarket chain La Fourmi forecasts a 25% growth in 2003 sales, up to 15m euros, as it will open another two stores this fall. The company also entered the catering and home-delivery segme...
Exchequer eyes dividend-related income
The single tax quota for the dividend-related income for both individuals and corporate bodies, raised to 20%, is one of the newest projects on the Finance Ministry's drawing board. A series...
Daewoo eyes local market
Daewoo Automobile Romania has sold 5,100 vehicles in the first four months of the year, up more than 50% since the year-ago period. The increase makes up for the drop posted by the Craiova-b...
Raiffeisen Bank eyes energy and infrastructure
Raiffeisen Bank Romania will pay a special attention to financing the companies dealing in the energy and communications sector, with the latter being interested in "the good distribution of...
OTP eyes Banca Romaneasca
Hungary-based OTP Bank has not dropped its plans to enter the Romanian banking market, even though it has not had much luck over the past two years. After having been officially turned down...