market
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Increase in voluntary pensions deduction not enough, companies say
The increase in the maximum deduction for contributions paid to voluntary pension funds (the 3rd pillar) is a big step ahead, but there is still a lot of room for growth, according to manage...
Financial crisis puts developers' plans on hold
The international financial crisis will have effects on the retail market, as well, which has seen one of the most significant increases over the last few years, with both developers and ret...
ING Pensii: Empty accounts will drop to 10% in a few years
ING invested around 66 million euros in order to gain the top position on the market of mandatory private pensions, a sum it expects to recoup in the next ten years.
Jolidon targets key points on the French market
Despite the fact that the Jolidon brand has been selling in France for almost two years via franchises, Gabriel Cirlig decided it was time to develop his own store network.
New Yorker focuses on provincial market this year
New Yorker, one of the largest German clothing retailers, will open another two stores outside Bucharest this year, while 2009 will see the company tap into the Bucharest market.
IKEA sells 40 million euros' worth of decorations at Baneasa store
Furniture and interior decorations retailer IKEA, which operates only one store in Romania, posted sales worth 99.4 million euros on the domestic market from September 2007 through to August...
Gedeon Richter considers building plant in Romania
Hungarian group Gedeon Richter, one of the leading drug producers in Central and Eastern Europe, with turnover worth over 1.2 billion dollars last year, is considering investing in a plant i...
Allianz: The company's value has increased significantly
German group Allianz does not intend to sell Allianz-Tiriac, the leader of the local insurance market, and the most valuable company in this field.
Romanian managers gain ground on 5-star hotel market
When opening a hotel, international chains bring along an entire team of around ten expats for key positions, like in the case of Radisson SAS, the latest project on Bucharest's five-star ho...