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Private labels to generate 35% of Plus sales
Discounter store network Plus held by German group Tengelmann is currently seeing 25% of its sales generated by private labels. "Our goal is to increase this share to 30-35% of the turnover,...
Real estate loans slow down in first two months of 2008
The volume of real estate and mortgage loans went up by 4-5% in the first two months of the year, from rates of 7-10% registered in the last few months of 2007, after the demand for loans, b...
Bank of America nu poate garanta pentru datoria Countrywide
Bank of America, a doua mare banca din SUA, a declarat ca nu poate garanta datoria Countrywide Financial, de 38,1 miliarde dolari (24,5 milioane euro), dupa ce aceasta a preluat banca ipotec...
A quarter of Audi clients choose sports version
Porsche Romania, the importer of Audi on the local market, has delivered nine units of the Audi S5 model (the sports version of the Audi A5 coupe), in the first three months of this year, wh...
Savings slowdown since start of the year
The Romanian currency has become even less appealing for deposits despite NBR's efforts to tighten its monetary policy since autumn in order to encourage savings. In addition, foreign curren...
Tiriac sells 70m euros' worth of cars in Cluj
Cluj-based RMB Inter-Auto, an authorised sales and servicing centre for Mercedes-Benz, Chrysler, Jeep, Dodge, Smart, Ford, Hyundai and Mitsubishi, held by businessman Ion Tiriac, estimates a...
Spree of acquisitions on courier service market
The courier services market has seen several acquisitions since the beginning of the year that have introduced major players such as UPS and the French Post Office on the domestic market, wh...
Royal Bank of Scotland renunta la 7.000 de angajati
Royal Bank of Scotland, cea de-a doua mare banca din Marea Britanie, ar putea renunta la aproximativ 7.000 de angajati ca urmare a achizitiei ABN Amro si a problemelor de pe pietele financia...
Burger King, new bet of Eli Davidai, the man who introduced Pepsi in Romania
Eli Davidai, the businessman who brought the Pepsi brand in Romania in the early nineties bets on the growth potential of the fast-food market, estimated at 2 billion euros per year, pitting...