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Leasing market heading toward 1.8bn euros
Leasing market heading toward 1.8bn euros
Romanian business law market heading for a boom
In the early '90s, business law equalled knowledge of the "fresh" law on trade companies, while the number of lawyers that could actually interpret this law was very small. In the meantime,...
Romania heading for soaring food trade deficit
Romania is heading for a huge deficit of the food trade in 2003, namely more than one billion euros, accounting for 20% of the total trade deficit. We import much more than we export pork, w...
Connex heading for 3.3 million customers
Mobile telephony operator MobiFon, owner of the Connex brand, yesterday celebrated the addition of the third millionth customer, with the company officials confident it would gain two or thr...
Equipment and services heading for $550 million
The Romanian market of energy equipment and services will increase to $550 million in 2003, 10% more than last year, according to Peter Simon, president of ABB Romania, one of the leading co...
Romanian insurance market heading for $1bn boom
The insurance market is heading for $700 million this year and, should the H1 45% growth pace keep up, we may be looking at one billion dollars next year. The soaring numbers can be grounded...
Orange heading for 500m euros
Orange Romania expects turnover worth 500m euros this year, up 25% since 2002, CEO Bernard Moscheni said. The company will invest $90m in IT and network expansion this year. Given the estima...
Loss-making state-owned enterprises heading for massive personnel cutbacks
With less than half of the total number of employees in Romania, the private sector accounts for almost 70% of the Gross Domestic Product.The APAPS portfolio is left with some companies that...