market
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Foreign capital outflows hurt Romanian market
The foreign capital outflows from the Central and Eastern European markets are beginning to affect the Romanian market. There has been a significant slide in the Romanian market BET index, w...
Emporiki to expand on local market
Emporiki Bank has ambitious development plans, intending to open branches in all county capitals, says Theodor Stanescu, deputy general manager of the bank. The bank is owned by the Greek fi...
Gazprom changes balance of power on the gas market
Russian group Gazprom, the biggest gas producer in the world, announced at the end of last week that it had closed an agreement with the Conef trader to deliver 50 billion cubic metres of ga...
Dacia slows down on the domestic market
Sales of Dacia cars on the domestic market decreased by approximately 16% in the first four months of this year, from 39,309 units to 33,855 units, while production rose 16%, from 54,357 to...
Asirom posts 10 million-euro losses, sees declining market shares
Asirom, the second leading insurance company on the market last year posted 10 million-euro (36 million RON) loss, 70% higher in euros than in 2004, when it posted 5.8 million euros (23.6 mi...
Antibiotice targets 3.5% of drug market
Pharmaceutical manufacturer Antibiotice Iasi targets a 22% increase in its turnover to 200 million RON (63.4 million euros) and intends to achieve a 3.5% share of the domestic drug market, 0...
Pharmaceutical market heading for 2.5bn euros
The Romanian pharmaceutical market is likely to go beyond the 2.5bn-euro mark over the next five years, whereas competition between the main players will become tighter. "Over the next four-...
Gorenje set to boost market share
Tone Prislan, the general manager of Slovenian manufacturer of electrical home appliances Gorenje in Romania, says his company''s objective is to increase its market share amid tightening co...
Car market boom drives Porsche Romania''s profit to 48 million euros
Porsche Romania, the biggest automobile importer on the domestic market, last year made more than 48 million euros in profit, an increase of 65% on the previous year, after having doubled th...