growth
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Romtelecom sacrifices 2008 profit for future growth
Romtelecom, one of the largest telecom operators on the local market, is working on a three-year business plan, which maps out lower profit in 2008, a move which the company's management hop...
Last year's growth rates for top players on car market
In 2007, Porsche Romania, Renault, as well as Toyota and Honda all posted growth rates that exceeded initial estimates, which took last year's overall growth rate for car imports to over 50%...
Dacia: used car imports to slow market growth
Automobile Dacia deputy chairman, Constantin Stroe, considers the Romanian market will grow at a slower pace in 2008 as a result of used car imports and market saturation. "For 2008, I will...
Prodal expects 10% growth
Florin Radulescu, the new general manager of Prodal '94, producer of distilled beverages Stalinskaya and Wembley, states the main objectives for next year are investments in marketing, a hei...
Mortgage loans growth slows down
The growth rate of mortgage credits slowed down in October, when the volume of housing loans saw a monthly growth rate of just 3.4%. By comparison, in August and September, the growth pace s...
Romania to lead CEE mortgage market growth
Romania's mortgage market, which is isolated from the US credit crunch, is expected to boast the fastest growth rate in Central and Eastern Europe, with improved salaries to largely aid deve...
Julius Meinl forecasts 40-50% annual growth
Julius Meinl Romania, a subsidiary of Austrian coffee producer Meinl group, will continue to count on the on premise segment and an annual growth rate of up to 50%, as registered over the pa...
Alpha Bank revises plans upwards after 2007 growth
Alpha Bank, the Romanian branch of one of the largest groups in Greece, has revised upwards its three-year growth strategy, after it achieved significant increases in 2007. "We have reconsid...
Distributor of illy coffee brewing 40% growth
Pro Brands Distribution, distributor of Italian coffee brand illy on the Romanian market, which derives the bulk of its sales from around 600 restaurants and coffee shops, has recently enter...