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TNT sees highest growth on Chinese market, by 63%
Courier company TNT, one of the top three players on the local courier market, posted an over 25% turnover increase in the first half of this year, with international shipment being the sale...
Slowdown of car sales could hurt leasing market
The rise of the leasing market could be affected this year by the slowdown in vehicle sales, after the leasing market experienced a major leap last year, by 54%, exceeding 4.9 billion euros....
NBFI market reaches 6.4bn euros
The market of non-bank financial institutions (NBFIs), which includes consumer finance and leasing companies, amounted to 23 billion RON (almost 6.4 billion euros) last year, according to th...
Imports account for 70% of ceramic tiles market
The local market of ceramic tiles will be dominated this year by imports from Italy, Spain and China, which will account for 70% of total sales, compared with 60-65% last year, amid a lack o...
Spanish law firm Garrigues enters local market via merger
Spanish law firm Garrigues has officially entered the Romanian market via a merger with Mares & Asociatii, a medium-sized firm. "We will operate under the name Garrigues Romania, and will fo...
Porsche Romania sales up over 7% on a stagnating market
Porsche Romania, the representative of the VW-Audi and Porsche brands and the largest auto importer on the local market, sold almost 28,500 vehicles in the first six months of this year, up...
Private medical services market: close to 1bn euros by 2012
The market of private medical services could reach 890m euros by around 2011, more than double the 350m euros forecast for this year, a period during which cities other than Bucharest will c...
Kraft Foods: priority is market share value, not volume
Peter Muller, managing director of Kraft Foods Romania, a company with turnover worth around 146 million euros, will focus more on premium products, but will not drop low-end brands such as...
Biggest risks on insurance market: claim settlement rate and Stock Exchange decline
The increase in the claim settlement rate and Stock Exchange decline are the main risks that could put a strain on the general insurance and life insurance market, according to a report on f...