growth
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75% growth for Ariston and Indesit
Merloni Elettrodomestici Romania, the local branch of the Italian home appliances company, maker of the Indesit and Ariston brands sold more than 21 million euros' worth last year, up 75% co...
Three years of growth
Romania registered 5% of GDP economic growth in 2002, exceeding the 4.5% target, National Bank of Romania (NBR) Governor Mugur Isarescu on Wednesday stated. He says this performance came wit...
Insurance market posts 40% growth to $480m
The insurance market in the first eleven months of 2002 amounted to 15,051bn ROL, namely $456 million, the representatives of the Insurance Supervision Commission estimate. The full-year mar...
Sicomed targets growth
Sicomed Bucharest, Romania's largest drugmaker, is after a 15% sales increase (as compared to 2002's $38m) this year. The company also aims to complete the $3m investment project set to mode...
Credit cards poised for rapid growth
The Romanian card market will be posting significant growth in the next few years, but credit cards will definitely outpace debit cards, according to Roberto Romano, MasterCard International...
Electroaparataj positioned for growth
"2003 will be the last year of stagnation. We have completed the restructuring operations, therefore we must grow." Bogdan Nisipeanu, Electroaparataj Bucharest general manager, is ending one...
PM sees sound economic growth
Romania's economic growth is sound and consumption will increase by 4% this year, PM Adrian Nastase said on Wednesday. "2003 will be a historical moment for Romania, set to take many people...
Dobrogea eyes 10% growth in 2003
Dobrogea Constanta group, which includes milling and baking company Dobrogea, has set out to attain 10% growth this year. Last year's turnover amounted to 41 million dollars. "We eye growth...
Domo sees turnover and profit growth
Domo, the chain of stores selling electronic and household appliances, estimates 2003 turnover to reach 30 million euros, up more than 30% since last year, when it amounted to 22 million eur...