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Audi forecasts business in excess of 130m euros in 2008
Porsche Romania, the official importer of VW-Audi Group and Porsche brands estimates 2,900 unit sales for Audi. "Audi sales on the domestic market in 2008 will increase by around 13% to appr...
Delaco could double sales of Jogobella yoghurts
Delaco, one of the largest distributors of dairy products in Romania, could post sales worth 12 million euros this year from the sale of products made by Zott (the German group that produces...
One third of mandatory pension clients are over 35 years old
Around 34% of the 4,156,316 clients that joined a private pension fund (pillar II) are between 35 and 45 years of age, which means they joined the system even though they were not obliged to...
Automobile Dacia: "We cannot give a 51% raise because of losses"
The 550 RON fixed increase (51%) in addition to bonus increases and the profit-sharing condition, as requested by Sindicatul Automobile Dacia (Automobile Dacia Union - SAD), cannot be grante...
Opening of malls doubles business of clothing retailers
The approximately 600,000 square metres offered by the 24 malls on the market has allowed players in the clothing industry to aggressively expand their store networks, with some even doublin...
Austrian groups control 43% of insurance market
Acquisitions and an increase in turnover to almost one billion euros (above the market rate) boosted the market share held by Austrian insurance groups by 13% last year. Following the acquis...
Bank of China anunta un profit in crestere cu 31% si pierderi pe piata subprime
Bank of China a comunicat astazi un profit net pentru 2007, in crestere cu 31%, anuntand insa si pierderi de 1,3 miliarde de dolari (842 milioane euro) de pe urma investitiilor facute pe pia...
Immoeast pays 200m euros for former Rocar and other plots of land
Austrian investment fund Immoeast has acquired the real estate portfolio of UK-based Longbridge for some 200 million euros. The portfolio comprises several plots of land, such as the site of...
Organic food accounts for 1% of market
Whereas a few years ago, organic food was a rare occurrence in stores, that is no longer the case. However, the bulk of farms' organic production is exported. Including imports, organic food...