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Lufthansa heading to 15% market share in 2008
Stefan Versemann, the new general manager of Lufthansa Romania, which is among the top three foreign airlines on the Romanian market, says the main targets for 2008 are boosting market share...
Romania, second largest consumer credits market in Eastern Europe
The Romanian consumer credits market is the second largest in Eastern Europe, after the Polish market. A survey conducted by Global Insight forecasts the Romanian market of consumer credits...
Lufthansa: Romania will become No.2 market in the region
With almost 20 flights a week introduced this year and a target of 500,000 passengers transported to and from Romania, the airline operator Lufthansa estimates Romania will climb to second p...
Newcomers stir up competition on furniture market
The launch of new furniture stores on the medium-price segment is expected to continue to stir up competition on the domestic market, whilst pressures on prices and supply segmentation alrea...
Imported car market approaches 3bn euros
The market of imported vehicles is expected to exceed 3 billion euros within the next six weeks, if the 52% growth rate registered in the first nine months of the year, which brought sales t...
Baneasa project to develop in synch with the market
Michael Lloyd, managing partner of Baneasa real estate project in northern Bucharest, which is expected to receive investments worth around 1.8bn euros, believes that in light of the real es...
Red Bull posts 10.3m-euro sales and gains 70% market share
Red Bull Romania posted sales worth 10.3 million euros (34 million RON) in the first eight months of this year against the same time in 2006, which accounts for approximately 70% of the ener...
Zara could enter Romanian market directly
Inditex, the largest clothing retailer in Europe and owner of the Zara brand, has recently appointed Lucian Dorobantu, former commercial manager of Germanos, to the position of country manag...
Millennium banks on distribution mix to grab market share
Almost two years after losing the race for the acquisition of the biggest banking business in Romania, BCR, Portuguese Millennium Bcp group is now trying to gain a share of the 60 billion-eu...