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Howard Johnson, 30% increase in Q1
The Howard Johnson hotel in Bucharest, controlled by businessman Gabriel Popoviciu, posted turnover worth 4.9 million euros (18 million RON) in the first three months of the year, up 30% on...
UniCredit sees economy down, while BCR expects increase
Projections of foreign analysts on the economy remain pessimistic compared with those of local banks, which project different outlooks for the economy's growth rate and inflation rate. Where...
Protan Bucuresti shareholders to conduct 4.86m-euro capital increase
Protan Bucuresti intends to increase its share capital by 18 million RON (4.86 million euros), to 22.67 million RON through a cash contribution by the shareholders and via the conversion of...
Sony Center store network expects 25% increase
New Link, the company that runs the Sony Center store network, forecasts a 25% increase in electronics sales this year, from around 17 million euros last year. In 2007, the company saw a 55%...
Raiffeisen analysts: higher NBR interest rate brings slower credit increase
The decisions of the National Bank (NBR) to increase the monetary policy interest rate, combined with a slower economic growth in the 2008-2009 period will primarily affect the dynamics of l...
Ecolor sees 30% turnover increase from sales to IKEA
Cluj-based Ecolor, which manufactures furniture exclusively for Swedish group Ikea, posted an over 4.3 million-euro turnover in the first three months of the year, up 30% against the same ti...
Delta Distribution: 15% sales increase in Q1
Ceramic tiles distributor Delta Distribution, posted turnover worth 31.96 million RON (8.6 million euros) in the first quarter of the year, up 15% against the same time in 2007, according to...
Interest rate increase tempers consumer demand
The growth rate of consumer credits slowed down in the first month of the year, marking a 3.1% monthly advance, given that banks significantly increased interest rates since last autumn, ami...
Shocking increase in BCR loan prices
BCR, the largest bank on the market raised the interest of consumer and real estate loans in RON yesterday. The step covers those loans in RON whose interest rate is revised every six months...