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Tourism revenues, down for the first time in 5 years
Romania's international tourism revenues were 3% lower in the first half of this year compared with the same period last year and reached 381m euros, accounting for the first slump in the pa...
First 5 mandatory private pension funds authorised
The Private Pension Supervision Commission (CSSPP) authorised the first 5 mandatory private pension funds (the 2nd pillar) on Tuesday and estimates, in total, that 15 firms will receive the...
Vincon Vrancea, first employer to offer private pensions
Vincon Vrancea, a producer of wine and wine distillates, is the first company in Romania to provide its own employees with a voluntary private pension (pillar III) in the form of a salary be...
Good harvest of 2006 cuts wine imports in the first four months
Wine imports fell by 32% in the first four months of this year, to 5.35m euros, compared with 7.91m euros against the same period last year, according to the data released by the Ministry of...
Overview of the first three mandatory pension funds
The first three mandatory pension schemes (pillar II) have been given the green light from the Private Pensions Commission (CSSPP). What are the similarities and the differences between thes...
What a CEO should not do in the first 10 days in office
If you consider that a CEO may be in office for three, four or five years, then ten days is a very short period in the professional life of a top manager. However, the first ten days of a ma...
Adobe: Sales up 100% in the first quarter
Sales of Adobe products on the domestic market doubled in the first quarter of this year, with the growth trend expected to continue into the coming period, as Romanians' living standards im...
June brings first declines for Japanese car brands
In the first six months of the year, Japanese carmakers present on the domestic car market (Nissan, Honda and Toyota) sold a total of 6,509 units, up by over 80% against the same time last y...
BET index overshoots 10,000-point mark for the first time
The BET index (Bucharest Exchange Trading), the main indicator on the progression of Stock Exchange shares exceeded the 10,000-point mark for the first time yesterday, a ten-fold increase af...