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Productivity increases above last five years' salary increases
Labour productivity for the overall economy saw a higher increase compared with the gross average salary in the 2003-2007 period, after it posted a 175% growth rate over the last five years,...
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...
Last year's growth rates for top players on car market
In 2007, Porsche Romania, Renault, as well as Toyota and Honda all posted growth rates that exceeded initial estimates, which took last year's overall growth rate for car imports to over 50%...
Last five years' history on BSE: significant first-day increases
The first session of the Stock Exchange has usually ended with an average 4.3% increase of the BET index and of 7.1% for BET-FI index over the last five years. Brokers expect the Bucharest S...
SGAM hopes to catch up at the last minute
SG Asset Management (SGAM), the asset management company, which is part of the French Societe Generale Group, expects net assets to increase by 30%, to 120 million RON in the last two months...
Romania, last in the EU in terms of access to financial services
Romania ranks bottom in the European Union in terms of the population's access to financial services, with 23% of the total number of adult inhabitants having access to such services, accord...
NBR faces toughest decision of the last two years
Tomorrow, the NBR will face its toughest decision of the last two years since it moved to direct inflation targeting - either enter a cycle of price increases for RON lending, or further pos...
Shimon Galon, GTC Romania: Real estate boom will last for 3 or 4 more years
Shimon Galon (photo), the head of the Romanian division of GTC, an Israeli-based real estate developer, is currently working on more than ten real estate projects, which total one million sq...
Daewoo, losses of over 345m euros last year
Daewoo Automobile Romania, for which Ford US carmaker is in talks with the Romanian state to take over, registered net accounting losses of 345m euros in the previous financial year, while t...