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First mandatory private pension contributions transferred on May 20
The first contributions to mandatory pension funds will be transferred on May 20, and they will be worth more than 37 million euros, given that there are more than 4.1 million contributors,...
Real estate loans slow down in first two months of 2008
The volume of real estate and mortgage loans went up by 4-5% in the first two months of the year, from rates of 7-10% registered in the last few months of 2007, after the demand for loans, b...
PRO TV, $23.3m EBITDA in first quarter
PRO TV company, which includes television stations PRO TV, PRO CINEMA, ACASA, PRO TV INTERNATIONAL, sport.ro and MTV Romania, reported operating income (EBITDA) worth 23.3 million dollars in...
First three Galleria malls, to open by September
The first three Galleria shopping centres developed by Globe Trade Center (GTC) on the local market, in Buzau, Suceava and Piatra Neamt, will be opened by September this year, being the only...
kika expects 30-50m-euro sales for its first store
Austrian furniture and decorations retailer kika could derive sales worth 30-50 million euros from its first store, which will open at the end of the year in Bucharest's retail park West Par...
Erste: Romania could be the first market in the region to recover
The shares of the main companies on the Stock Exchange saw increases of up to 5% yesterday amid high traded volumes, after the market showed signs of a revival as early as last week. The SIF...
Carpatcement braces itself for first year of net profit decline
German HeidelbergCement group, which operates on the domestic cement, aggregate and concrete markets, is expected to post a decline in net profit in 2008, after four years of growth, due to...
First deluxe perfumery in Romania sells 3 perfumes worth 2,200 euros each
Madison, Romania's first luxury perfumery, opened by Madeleine Florescu (former general manager of Geroaslan) in mid December, has already sold three of the most expensive perfumes in the wo...
Toyota up 50% in the first two months
Toyota Romania, the importer of the Toyota and Lexus brands on the domestic market, the latter of which is the Japanese carmaker's luxury brand, posted an almost 45% sales increase in Februa...