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Steep fall in prices to double sales of plasma TVs
Three or four years ago sales were in double figures. This year, however, sales of plasma and liquid crystal display (LCD) televisions are set to double at least, market players say, to reac...
Salaries of insurance and capital market supervisors revealed
The law on declaring personal fortunes makes public the value of salaries enjoyed by those working on the supervision committees of financial, insurance, banking and stock markets, something...
Flamingo puts up for sale 20% of its shares in view of floatation
IT equipment retailer and dealer Flamingo will start the necessary procedures next week in view of listing on the Bucharest Stock Exchange through an initial public offering that can reach a...
Henk Muller ends second term as head of ABN Amro Romania
Henk Mulder, 51, chairman of ABN Amro Romania, has ended his second mandate at the top of the Romanian branch of the Dutch banking group. He will be succeeded by Peter W. Weiss, the current...
Prices of old apartments expected to fall by end of the year
The prices of old apartments in Bucharest could go down towards the end of the year, as this segment of the real estate market has reached an impasse in terms of high prices. a??Prices for o...
Outsourcing accounts for half of exports
Almost half of Romanian exports in the first four months of the year were exports that "resulted from the active improvement of temporarily imported goods", commodities processed as outsourc...
Garrone banks on rise of Italian cuisine to sell its products
The producer of the Garrone vermouth, Romanian Drinks Service, will soon launch alcoholic beverages on the aperitif and digestif segment following completion of a 2.5 million-euro investment...
Rompetrol to sue Romanian state for hundreds of millions of dollars
Rompetrol will file suit with a World Bank arbitration court for damages incurred as a result of actions taken by institutions of the state. The central elements of the case include a letter...
Saint Gobain Ploiesti eyes revenues of 22m euros
The factory that will make insulation materials for the constructions industry that is to be built in Ploiesti by French giant Saint Gobain is expected to achieve 22-23 million euros in turn...