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A&D Pharma's net profit plunges by 92% to less than one million euros
A&D Pharma, the biggest player on the pharmaceutical market, posted a 92% decline in net profit in the first six months of this year compared with the corresponding period of 2007, to less than one million euros, compared with 11.9 million euros in the first h...
Sodexho: Small firms have less time and money to motivate employees
The reason for this decision is that the penetration of the voucher system is four times lower in such companies than in multinationals. "The penetration rate of vouchers (luncheon vouchers,...
How Tnuva became a top yoghurt producer in less than a year
The company has reached over 70% awareness among consumers and, although it does not disclose any figures regarding sales volume or value, data from market research agencies show Tnuva has a...
Stanton Chase: A CFO won't go for less than 3,000 euros
"A CFO (chief financial officer i.e.) won't sit down and talk if offered less than 3,000 euros in net amount per month," says Mihaela Damian, managing partner of executive search company Sta...
Euro 2008 boosts Carlsberg's sales, but less than expected
Carlsberg beer brand, produced and bottled on the local market by United Romanian Breweries Bereprod (URBB) under licence, posted a 15% sales increase during the European Football Championsh...
easyJet: 155,000 passengers and one less route
Low cost company easyJet, which launched operations on the local market in September last year, has so far transported 155,000 passengers on routes to and from Romania, according to company...
Lazea, NBR: Romanians could eat less to reduce foreign deficit
In hindsight, Romanians should have eaten less imported food and bought fewer imported cars - the two major culprits of last year's trade deficit, believes Valentin Lazea (photo), chief econ...
Government promises to reduce budgetary deficit to less than 2.5% of GDP
The Government has promised, half-heartedly, to reduce the budgetary deficit to less than 2.5% of GDP, to straighten out public spending and to avoid offering any "electoral giveaways", whil...
Budget collects 2bn euros less than expected
Budget revenues stood at 121.5 billion RON (36.4 billion euros) for 2007, 6.9 billion RON (2.07 billion euros) below the revised collection plan, according to data published on Tuesday by th...