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Ghosn, Renault: Romania is no longer an emerging market
Carlos Ghosn, chairman and CEO of the Renault group, which owns Romanian-based Automobile Dacia, says Romania has stepped out of the emerging markets category and that the Dacia car plant in...
Romanians pay by credit card only once every two months
The 2.5 million credit cards in circulation on the Romanian market were used only 1.5 times on average in the second quarter of the year, according to data from the NBR (National Bank of Rom...
Sale of Asiban drives Banca Transilvania's profit up to 108 million euros
Banca Transilvania (TLV), the biggest private Romanian-controlled bank, posted 396.62 million RON (108 million euros) net profit in the first nine months of the year, a figure that includes...
DEGI gets 20-30 offers of properties for sale per month
German fund manager DEGI, which bought more than 250 million euros' worth of properties in Bucharest, continues to be interested in acquisitions on the Romanian market, and owners are meetin...
Almost half of Romanian employees unhappy with working environment
Romanian employees' satisfaction with the working environment has gone down compared with last year, reveals a survey put together by the Ipsos Research institute and ordered by Accor Servic...
Iulian Dascalu: I believe in the market's potential
Iulian Dascalu, the biggest domestic shopping centre developer, who owns three operational malls in Iasi, Timisoara and Cluj-Napoca, says that, whereas two years ago retail was considered "t...
Rising number of German firms invest in Romanian services
The year Romania joined the EU brought a record level of Romanian-German bilateral trade, which confirmed that the Romanian market still appeals to German firms, says Roland Lohkamp, the Ger...
TNT expects 40 million-euro turnover this year
TNT Romania, a major player on the domestic delivery services market, forecasts revenues from international deliveries to rise by over 20% in 2009, after these services brought in around 80%...
National Bank has its eye on foreign funding attracted by banks
As of September 30, banks are required to send data to the NBR (National Bank of Romania) every day, on funding sources attracted from the foreign market, as featured in the balance sheet at...