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Audi relies on sports models for Romanian buyers
Porsche Romania, the importer of Audi on the domestic market, estimates to sell 80 units of its new A5 models this year, whereas next year's target exceeds 150 units. The price of such a mod...
Need for investment boosts long-term loans
Long-term credits are seeing an increasingly fast rise, consolidating its majority slice in the total funding granted by banks, due to both the population and companies' requests for funds f...
Gerocossen: 80% higher sales for summer season products
Domestic cosmetics manufacturer Gerocossen estimates it will maintain its 80% growth rate throughout the summer period for sunscreen products this year. "Company estimates on the sales incre...
Foreign banks: rivals for big funding projects
Foreign banks providing direct services on the domestic market, which are benefiting from the European financial passport, are starting to make their presence felt, particularly in tenders f...
Dramatic week for the RON
Dealers are preparing for one of the most dramatic weeks on the forex market in the last 15 years, with the RON being subject to a strong and rapid appreciation, prompted by the sales of for...
Klass Advertising looks at small players for acquisition
The shareholders of Klass Advertising, the outdoor advertising firm, are considering acquiring a small market player, after selling 51% of their company to US advertising giant, Clear Channe...
12 companies awaiting licensing for mandatory pensions
So far, no company has been licensed as a manager of mandatory private pensions, but as many as 12 companies are on the waiting list. The last three companies to have submitted a formal appl...
IMF: Public sector wage raises are to blame for inflationary pressure
Excessively rapid wage increases in the public sector are believed to be responsible for an increase in demand and for the reappearance of inflationary pressure, experts of the International...
Romanian entrepreneurs poised for regional expansion
It is worth taking steps to expand Romanian business into regional states and even into Europe, if the risks involved are carefully considered. This was the conclusion of the seminar -"Econo...