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Amway: 60% increase after five months
Amway Romania, which operates primarily on the cosmetics market, has budgeted an increase of 40-50% in turnover compared with 2005, which would mean business of up to 35 million euros for th...
AAA Auto, 8m-euro sales in four months
The Czech used car dealer, AAA Auto, in the last four months of last year derived sales worth around 8 million euros (28.8 million RON) on the Romanian market. The company had officially ent...
BCR makes 90 million-euro profit four months into the year
BCR posted 90 million euros in net profit four months into the year, an increase of some 20% compared to the same period in 2005. Assets overshot the 11 billion-euro mark, Nicolae Danila, th...
Credisson grants 30m-euro loans in 3 months
The drop in interest rates for credits in RON softened the effects of the administrative measures taken last autumn by the NBR in order to contain credit growth, so just three months from th...
Money for BCR could arrive in 3 1/2 months
The payment for 61.88% in Banca Comerciala Romana could be transferred to the bank abroad in the next three and a half months, according to an estimate of the privatisation commission and Er...
Trade deficit overshoots 9bn euros in 11 months
The trade balance deficit rose by 1.26 billion euros in November this year, exceeding 9 billion euros in the first eleven months, a release of the National Statistics Institute shows. Import...
Banks make 470 million-euro profits nine months into the year
The net profits made by commercial banks in the first nine months amount to 1.7bn RON (more than 470 million euros), the same as the profits of the banking system for the whole of 2004, acco...
AIG Romania profits up 24% in first nine months
Fire and natural disaster insurance has boosted the business of AIG Romania to 17.7 million euros (64 million RON) in the first nine months of the year. The Romanian general insurance branch...
Orange sees 41.6% higher revenues in nine months
Orange sees 41.6% higher revenues in nine months