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Microsoft anticipates 35% increase in revenues
The revenues of Microsoft Romania, the local branch of the world's biggest software producer could go up by 35% in the fiscal year ending June 30, 2008. "Last financial year we witnessed a 5...
Banca Transilvania performs record capital increase: 121 million euros
Banca Transilvania (TLV), the biggest private bank with Romanian capital, will propose to its shareholders a share capital increase worth 448.6 million RON (121 million euros), which will in...
Foreign investments increase 76% in January
Romania attracted foreign direct investments worth 695 million euros in the first month of the year, 76 percent more than in the same time in 2007, when they stood at 394 million euros, acco...
Skoda sales could increase by 100 million euros
Skoda's turnover on the domestic market is currently estimated at almost 400 million euros, an increase of over 30% against last year. The average price of a Skoda car sold in 2007 was 13,00...
Faster increase in banking and insurance salaries last year
The annual salary of bankers went up by 24% last year (in euros), and by 20% for employees working in insurance. Both increases top those registered in 2006 (by 13% and 15% respectively), al...
Vestel aims for 100% increase in turnover
The local branch of the Turkish electronics and home appliances manufacturer Vestel, estimates it will see its turnover double this year to 25 million euros, after it reported sales worth 12...
Unita's business - 86% increase in 2007
Unita, an insurance company held by Austrian-based Vienna Insurance Group, closed last year with business worth 138 million euros (460 million RON), up 86% compared with 2006. "The increase,...
NBR could increase interest rate to 9%
The NBR (National Bank of Romania) will increase the key interest rate for RON by at least half a percentage point today, to 8.5% a year, and is expected to continue to apply a moderate incr...
Terapia Ranbaxy registers 30% increase in exports
Romanian drug producer Terapia Ranbaxy saw its exports increase by 30% last year, to almost 13 million dollars. "Faringosept (a brand of throat lozenges) is selling very well in Russia. Ranb...