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Plapcianu: High costs can hinder network expansion
So far, banks have made money easily in Romania, but they are likely to encounter problems covering costs in the future, while relationships with customers will become increasingly important...
Carlyle, attracted by high number of private entrepreneurs
Carlyle Group, one of the world's leading private equity fund managers, is attracted by the high growth potential of the domestic private investments market, with the high number of domestic...
High temperatures melt E.ON Gaz turnover
E.ON Gaz Romania, the gas supply company included in the portfolio of the German-based E.ON Ruhrgas utilities group, has registered a turnover worth 1.3bn RON (381m euros) in the first half...
High temperatures increase Bucharest inhabitants' energy bills
Electrica Muntenia Sud, the power distribution and supply company, which covers the Bucharest area and Ilfov and Giurgiu counties, expects to generate a turnover worth around half a billion...
Real manager surprised by FMCG high prices
Tjeerd Jegen, the Dutchman who was brought in February by the Metro group network to head Real Romania hypermarket, says he was surprised to see the high prices of consumer goods, and the lo...
LCD and plasma TV sales soar to record high
The local market of LCD and plasma TVs boomed in the first quarter of this year, when Romanians bought as many new generation TV sets as they did in the entire 2006, according to importers a...
Transactions on forex market hit record high in February
The interbank forex market set a new record in the volume of transactions for February with 22.5 billion euros, four times higher than the monthly average of 2004 and 62% higher than the mon...
RASDAQ generates record high profits in first quarter
Investments on the RASDAQ market were the most profitable in the first quarter of this year, with the RASDAQ-C index witnessing a 35.2% surge since the beginning of the year - equalling the...
Ghetea: High income clients will be able to borrow more
The elimination of restrictions imposed by the NBR for lending to individuals will allow clients with high incomes to obtain larger real estate loans, while clients with lower incomes will b...