growth
525 articole · RSS
HVB Group to focus on organic growth
Germany's HVB Group is planning to grow on the Romanian market, setting out to attain 5% market share in terms of assets by 2005 and to open 4-6 subsidiaries annually. The bank is thus plann...
6% turnover growth for Alprom
Pitesti-based furniture maker Alprom will register $19.5 million turnover this year, six percent more than last year, Violeta Anton, the company's economic manager told Ziarul Financiar. "Mo...
Sluggish growth for Romanian-made cars
The year 2002 was supposed to consolidate the Romanian car market, by a powerful increase in local car sales and a slowdown in the import growth recorded over the past few years. Even though...
Rompetrol posts record turnover growth
Rompetrol Downstream, the fuel distribution arm of Rompetrol group, estimates turnover worth $145 million this year, almost four times higher as compared to last year. Although it started ou...
The Body Shop sees 27% growth
The Romanian subsidiary of British store chain The Body Shop estimates a 27% increase in sales this year, up to roughly 1.1 million euros, from last year's 860,000 euros. Dana Tudorache, dir...
BRD favours prudent growth
BRD - Groupe SociAétAé GAénAérale will continue its prudent development policy, even if this may lead to a brief trimming of the bank's market share, says Patrick Gelin, BRD gene...
ECB lowers key rate to boost growth in eurozone
The European Central Bank (ECB) yesterday cut its key interest by a hefty half-point, from 3.25% to 2.75%, given the European economy's increasing signs of stagnation.European rates have thu...
Exports and investments spur growth
Industry (6.9%), constructions (6.8%) and services (4.4%) pushed the economic growth for the first three quarters of this year up to 4.5% - the full-year projected growth, with the Gross Dom...
Crowne Plaza to pick up the growth pace
Bucharest-based Crowne Plaza hotel posted turnover worth $7.5m in the past fiscal year (which ended in September, according to international records). Turnover did not budge since last year,...