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Eli Leenaars, ING: Foreign investors will stay, but Romania must keep growing
Even in the context of the global financial crisis, Romania could avoid dwindling investments due to the prospect of solid economic growth, but in order for this to happen, the economy needs to continue its transformation process.
Fastest growing industries in terms of exports
Out of all the major categories worth of over 100 million euros, cars, equipment, technology and generally high-added value products are the ones that witnessed the fastest export growth in...
Vodafone CEO: Broadband is growing faster in Romania
Romania is one of the countries where a less developed fixed telephony infrastructure can boost demand for mobile broadband services, according to Arun Sarin (photo), CEO of the British grou...
Carrefour: Romania is growing too fast to fall prey to international crisis
"International crisis is a phrase used far too often; we have to concentrate on what we can do to develop the local economy. Romania is still a market with a high growth rate, in an unfavour...
BauMax: fastest growing DIY retailer
Austrian-based company BauMax is counting on partnerships with developers of commercial projects, in order to make sure it sees the fastest expansion in DIY retail. The company will reach 11...
Estee Lauder sees growing demand for luxury products
Estee Lauder Romania, an importer of luxury cosmetics, is banking on intense traffic locations, such as commercial centres or malls, to expand its product distribution network. Marina Saon,...
Consumer lending in RON still growing
Consumer lending continued to expand at a fast pace in April, mainly fuelled, as seen in previous months, by the financing in RON. Consumer lending in April grew by 7.1%, slightly slower tha...
Finance Ministry: salary costs growing quickest
Employee costs in the consolidated budget have seen the fastest growth this year among all other items of expenditure, announced the Public Finances Ministry (MFP). The information comes as...
Foreign currency lending keeps growing
Foreign currency lending keeps growing