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Rising meat prices make Romanian farmers slaughter 20% more cows and pigs
The rising levels of cow and pig slaughtering in the first two months of this year, by 10-20%, might indicate agriculture growth in the first quarter. In 2010, agriculture declined by 0.9% in the first quarter against the same period of 2009. In 2009, the decl...
Local managers make global top 10 in terms of purchasing power
Salary increases for management positions, the stagnation of real estate prices and the economic recession on international markets have propelled Romania to eighth position worldwide in ter...
Wipro: 15-20% wage hikes will make you an expensive destination
The arrival in Romania of Azim Premji - the man the international press has named "India's Bill Gates", comes as no surprise and indicates Bucharest is on the billionaire's list of prioritie...
Johnson Controls to make seats for 600,000 Logans
US-based Johnson Controls (JCI) group, a 100 million-euro business on the domestic market, will manufacture seats for more than 600,000 Logan cars, half of which will delivered straight to t...
MedLife: 200,000 insured people would make private hospitals profitable
Mihail Marcu, the chairman of MedLife, one of the main operators of private clinics that also owns the Life Memorial Hospital, says that in order to be profitable a 100-bed hospital should w...
Store networks make massive investments in logistics
Food retailers are expanding warehousing space and networks at the same rate. Retailers have announced overall investments worth above 50m euros on the logistics segment for this year alone....
In four months, bankers make half of last year's profit
Banks have continued their race to derive an annual profit worth one billion euros, after they derived almost half last year's overall net profit, worth around 825 million euros, four months...
Banks make 370m euros in four months
Local banks' profits continued to witness accelerated growth in April, despite the international financial crisis, the expensive liquidity and the high costs dealt with by branch networks, r...
Top 10 automotive companies make up 5% of GDP
The top ten largest companies on the local car market, which include importers, manufacturers and dealers, posted cumulated turnover worth over 6 billion euros last year, equivalent to 5% of...