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2,750 Romanians working for Salomon
The number of Romanians directly employed by French sports gear producer Salomon amounts to 2,750 people, Virgil Pal, general manager of Salomon Romania SRL based in Timisoara says. The item...
Business keeps constant for St. Gobain
Saint Gobain Sticla Romania, a domestic subsidiary of French construction supplies group Saint Gobain estimates to have made approximately 800,000 euro turnover last year, its representative...
Romania heading for soaring food trade deficit
Romania is heading for a huge deficit of the food trade in 2003, namely more than one billion euros, accounting for 20% of the total trade deficit. We import much more than we export pork, w...
Connex looking for 20% growth this year
Mobile telephony operator Connex expects to grow three or four times faster than the domestic economy this year. "Connex will be looking for considerable growth in 2004 over 2003, about 15%...
Mobexpert preparing new hypermarkets for Bucharest and Sofia
Mobexpert Group, the leading player on the domestic furniture market, is in talks to open two new furniture hypermarkets, one of which located in southern Bucharest and the other one in Sofi...
Deutsche Bank reaches 3bn euros in funding for Romanian market
Deutsche Bank, Germany's largest bank and one of Europe's most powerful financial institutions, made quite an entrance on the Romanian market, as it has granted funding worth three billion e...
No changes for import of vehicles in leasing
The payment regimen for the VAT on the leasing contracts for imported cars will not be changed in any way, as it is set by the Fiscal Code, Maria Manolescu, Finance Ministry's state secretar...
SIF dividends for 2003 are scarcely a secret
"What dividends will the Financial Investments Companies (SIFs) grant?" is the usual question asked at the Bucharest Stock Exchange (BSE) at the beginning of every year. Each and every broke...
All for PSD, all for victory
PSD (Social Democrat Party) has rallied in view of the electoral confrontations in the second half of this year. The Standing Delegation of the ruling party (a restricted PSD decision-making...