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Popa, BRD: Market still lacks transparency
Domestic banks are using different standards when reporting financial data , which makes comparisons impossible and creates a lack of transparency on the market, says Sorin Popa, deputy chief executive officer of BRD - SocGen. The relevance of certain indicato...
Romania lacks a plan B to respond to foreign shocks
Romania's major problem in the current international context is its lack of a "plan B" that should enable it to counter the effects of some possible foreign shocks that may occur given the v...
Romanian seaside lacks internationalisation
Seaside hotel businesses mean considerable annual investments that are difficult to recoup during the brief season on the Romanian seaside, says Mohammad Murad, chairman with Perla Majestic...
Romanian tourism lacks strategies
The manager of Best Western hotel company, Malin Malineanu, says Romanian tourism needs a coherent strategy to lure visitors from abroad, not only for business purposes, but also for leisure...